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In high school, 17 years ago, I wrote a DBQ (document based question essay) for an AP test about why pennies were a huge waste to the economy. Both in cost to s
by joshstrange 1y ago
In high school, 17 years ago, I wrote a DBQ (document based question essay) for an AP test about why pennies were a huge waste to the economy. Both in cost to some, keep in circulation, and just dealing with for businesses/consumers.
It’s past time we did away with the penny and honestly the nickel shouldn’t be too far behind. Really anything less than a quarter seems like more trouble than it’s worth at this point. I would never carry change though, I barely carry cash as-is.
- beAbU 1y agoWith Trump trying his very best to devalue the dollar, you think it's wise to do this now?
- joshstrange 1y agoI don’t fully understand the question. How does removing the penny factor in? I honestly don’t get or I am missing the connection.
- mystified5016 1y agoYou very much don't understand how this works.
- RiverCrochet 1y agoThat would mean there would be even less need for pennies or even any coinage, right?
- gus_massa 1y agoHere in Argentina we unofficially deprecate the coins/bills when they are worth approximately US$0.03 [1]. Now US$1=AR$1100 and you can find in the wild AR$100 and some AR$50, but AR$20 are very rare, AR$10 almost imposible to find, and lower denomination are just museum pieces. Theoretically you can go to the supermarket with a big bag with a thousand of AR$1 coins, and they must accept them but it would be very weird. [1] It's a personal opinion, there are no official threshold, don't ask how I made an statistic.