Should the United States discontinue the penny?
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?
Things would cost a lot more. I know its only a penny but instead of .99 cents it would be a buck. Or instead of something being 1.22 it would be 1.25. Now again you may say so what, but things being as expensive as they are you don't think for one minuet. that the retail outfit is going to take the loss. That penny does add up over time. So my answer is leave it alone.
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.
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