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> These are all better reasons than the one we were given. Explaining that it costs 4c to make a 1c coin is a pretty clear and solid justification. People kno
by axiolite 11mo ago
> These are all better reasons than the one we were given.
Explaining that it costs 4c to make a 1c coin is a pretty clear and solid justification. People know that producing a physical unit of currency should cost considerably less than its face value, and if not, it's a huge problem.
Complaining that one news article, which is just reporting a current event, doesn't give you an in-depth background analysis and context, is absurd. If you care about a topic enough to want that level of in-depth, you can go look for it elsewhere.
CNN pointed me this NYT article: https://archive.is/Ek38I https://archive.is/Ek38I
- mulmen 11mo ago> Explaining that it costs 4c to make a 1c coin is a pretty clear and solid justification. It’s really not though, for the reasons I described already. > Complaining that one news article, which is just reporting a current event, doesn't give you an in-depth background analysis and context, is absurd. Well then it’s good that I didn’t do that. > If you care about a topic enough to want that level of in-depth, you can go look for it elsewhere. Like the HN comment section? Trump himself said: > For far too long the United States has minted pennies which literally cost us more than 2 cents. This is so wasteful! That certainly sounds like the reason is production cost and not any of the compelling reasons you have provided.