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Uh Oh! Will The US Cent Go Bye-Bye As Well. OH The Horror!

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jbuck's Avatar
United States
189053 Posts
 Posted 02/21/2013  1:50 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
I'm pretty sure if we got rid of coins with little intrinsic value, such as the cent and nickel, and sized down the rest--and got rid of paper $1 notes--people would simply adjust. It wouldn't kill the hobby--but make it more interesting to me. Well--that's my 10 cent opinion on the subject.


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ninamason's Avatar
United States
1227 Posts
 Posted 02/21/2013  2:27 pm  Show Profile   Bookmark this reply Add ninamason to your friends list Get a Link to this Reply
Random tidbit to add to what Jim_D said: the reason you'll see prices like .44, .99, .88 (in addition to making the starting number lower, thus making the item look "cheaper" to the human brain) is because humans like to see a double numeral. It's easy to take in and looks tidy. So from that perspective, .00 would actually be a benefit.
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Conder101's Avatar
United States
17884 Posts
 Posted 02/21/2013  2:49 pm  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply

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Rounding up or down, and the chaos this might create, would not happen. Just my opinion.

With rounding you set your cash register for rounding. Then when you ring up the items and apply the sales tax the cash register shows an amount that always ends in a 0 or a 5. Where is the chaos? The only place chaos can happen is with those people who don't set their machines for rounding but who instead try to figure out how much they have to add to your subtotal so that once the sales tax is applied it will be rounded up (This can be very difficult because some items will have tax applied and some won't. Unless they separate these and add them up separately they won't know the sum that the sales tax will be applied to.) Or as I said earlier they will ring it up normally and and then round up and ask the customer for more than the register says. This will lead to a lot of explaining and arguments greatly reducing cashier efficiency, angering customers, and causing lost business. More lost business than will be gained from the rounding up.


And Ninamason, the situation you describe related to education is not something you can lay at Bush's doorstep. It was like that long before "No child left behind". My public school experience was like what you described back in the early 70's and it never changed.

And sometimes it's just the school system itself. In my 12 years of public school we had seven years of US history. In those seven years we never got past 1870. Each year we would start with Columbus discovering America and through the year work our way through to 1870. Then the next year we start over with Columbus again. Student from my school system can't tell you when WWII took place because for us it never happened.
Edited by Conder101
02/21/2013 3:02 pm
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larsdog's Avatar
United States
593 Posts
 Posted 03/17/2013  4:34 pm  Show Profile   Bookmark this reply Add larsdog to your friends list Get a Link to this Reply
I am in the "get rid of penny and nickel, change quarter to 20c piece, replace paper dollar with coin" camp.
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