Could Eliminating The Penny Finally Happen?

I knew that would rub people the wrong way.

My priority is getting the cent and nickel to NIFC status.

However, if given the option, I would accept a zinc five cents coin if it mean the cent were made NIFC.

But I really want both to go away. I am not convinced a zinc-nickel would be cost effective for long.

A good example to support rounding down all cash sales when we get rid of the cent.

It's been that way for decades. JZP changed their name to Artazn.

We've had enough of this government waste. It mostly exists today to line the pockets of the fatcats and bureaucrats in charge. The factory and labor skills at Artazn would better put to use doing something more productive for society than making government slugs at the taxpayer expense.

And, don't get me started on the cost and waste of loading pallets of these on diesel trucks and driving them all over America. That cost far exceeds the Mint's fake "production cost"....funny, they never include transportation of billions of tons of metal nor the cost of labor for the folks stuck moving them around over and over and over.

It may have sailed but you can limit the number of sailors onboard! :)

After Covid digital transaction hit something like 75%. There is a pushback tho now with businesses charging the consumer the transaction fee

Prices: Be quick to raise, slower to lower.

Problem is you've just cratered your best argument.

If 75% of transactions are digital, there's no problem with cent transactions. The commercial benefit was eliminating the need to handle physical cents.

They would be gone in six months, a year tops. Adapt fast, the detractors must.