Recently Canada has decided to discontinue production of their penny because of costs. Should the United States follow suite in discontinuing the penny to cut costs?
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Well my feeling is there is no real way of taking out over 100 years of pennies in circulation. The penny will still be used in everyday trade, just not printed any longer.
Do you really believe that retail people are really going to lose a chance to make more money? Here would be an excuse to charge more for goods and services. Sure its a little more but again it does add up.