Do we still need the penny?..1 cent coin?..

[meesterperfect]

what would happen to the take a penny, leave a penny tray?
also, aint nothin gonna get rounded down, lets get serious.

 

[Legzman]

I had to vote for Doesn.t really matter, cause it doesn't really fuckin matter! At least to me

 

[senob44]

I had to vote for Doesn.t really matter, cause it doesn't really fuckin matter! At least to me

I agree. It doesn't much matter to me. I would say get rid of the pennies I guess, as long as the government and retailers don't make a supreme mess of it. I like what mongo said about rounding at the end of the purchase.

 

[YMIHERE]

I don’t think we should get rid of the penny. But the one-tenth of a penny in gas prices should go. You know when the price is 2.999 a gallon.

 

[tartanterrier]

I remember when I was in Yugoslavia before it all broke up.Instead of having pennies they would just give the kids lollies :tongue:

 

[Legzman]

as long as the government don't make a supreme mess of it.

When was the last time the government didn't make a supreme mess of something? :dunno:

 

[senob44]

When was the last time the government didn't make a supreme mess of something? :dunno:

You've got a good point there. Call me naive, but sometimes I still trust them a wee little bit.

 

[Chrism86354]

i think its necessary, why eliminate our currency? even though its disregarded because of its low value.

 

[calpoon]

I'm going to rant there for a minute, excuse me. It really pisses me off when places don't accept cash, like for instance all of your bills that have to paid by check. what the fuck do you mean that you don't take money!?! how is that even legal? it says right on there that it is "legal tender for all debts public and private" I'm tempted to take the power company to court and sue them for shutting off my electrcity and tell the judge, I tried to pay my bill, but they wouldn't accept my payment, and now I want to be awarded damages for them refusing me service and inconviniencing me. Of course I don't get paid in money either, so I have to have a bank account. I swear that it's a scam being perpetrated by the credit card companies so that they can get thier hands into everyone's money.

END RANT.

Ok, so yeah, we really are moving towards a cashless society, I think. because of the previous circumsatnces I never carry cash around with me, I put everything on my card, even if it's only a dollar. it makes me feel like I'm not actually spending money and it makes it easier to do just that (which is probably the whole point).

Most people are so used to living in an money-economy that they forget that commercial value is an entirely philosophical conecpt aka. just people making shit up as they feel like it. We need some physical thing to ground it into reality, and that is why metals where established as a source of representitive wealth. Nowadays it's really a joke because it's totally symbolic with the coin just being a figurative representation, the actual material value, the ya know .23 grams of metal of a dime is not worth ten cents, it's worth jack shit.

So the real problem with the penny is that it's really scewed for market value because of inflation. It costs more than one cent to produce a penny that is worth one cent, so litteraly making money is losing money. economics has become so far abstracted that it is incomparable with physical reality.

one day inflation will make value meaningless and we will stubbornly and ignorantly hold onto capitalist money-economy policies while living in a real world that is entirely socialist.

 

[gunslingingbird]

I like my penny jar. What else would I fill it with if the penny ceased to exist? nickels? Nickel jar doesn't have the same ring to it.

 

[marquis2]

Most places have a charity box on the counter-that's the place to put unwanted coins.

 

[Will E Worm]

Maybe, the penny should be worth two cents. Because that's about the cost to make one. That would be a better option than getting rid of the penny or round everything up or down. :2 cents:

Penny wise

 

[titsrock]

I wouldn't mind getting rid of all coins. I like paper bills. Coins bug the shit out of me.

The penny should be eliminated because it is too expensive to manufacture them (the raw material expense)...and the strange number prices ($11.47) are just dump. Round to the nearest Zero or 5.

 

[D-rock]

Just think of how expensive it would be to make pennies if they still made them out of mostly copper like they used to. Everybody would be melting them down now. :1orglaugh

 

[pathfinder]

The penny can be disposed of if everything is rounded down at least a dollar and gas prices drop to affordable prices. Like before the first Gulf War.

:hammer: :hatsoff:

LOL... Gas prices are the only time I'm glad we have pennies. I'd hate to see gas prices jump up 5 cents at a time...

Anything else... round it down to the nearest nickel and I'll gladly give up this useless frickin currency.

 

[Roughneck]

Just think of how expensive it would be to make pennies if they still made them out of mostly copper like they used to. Everybody would be melting them down now. :1orglaugh

What does that tell you about the nature of the "value" of our currency?

Do you still believe the "official inflation figures" quoted by government?

cheers,

 

[dave_rhino]

This sums up my opinion:


Pennies Are Bullshit

 

[jdb67]

Australia got rid of 1 & 2c coins over a decade ago. I have about $50 worth of 1 & 2c coins sitting in a trunk somewhere..... I just found them laying around the house after the coins were removed out of circulation.