wmw999 2,447 #1 March 20, 2013 In this article we hear about the fact that Canada is getting rid of its penny. I know that the idea is floated periodically in the US, and plenty of people say NOOOOO!!! So what say the denizens of dz.com? Only 4 options, including boobies. I realize there were many other possibilities, but, well, suck it up Wendy P.There is nothing more dangerous than breaking a basic safety rule and getting away with it. It removes fear of the consequences and builds false confidence. (tbrown) Quote Share this post Link to post Share on other sites
ryoder 1,590 #2 March 20, 2013 Hell, yes! Get rid of it! Just round everything to the nearest tenth of a dollar, instead of the hundredth of a dollar. Then we can also ditch the nickel."There are only three things of value: younger women, faster airplanes, and bigger crocodiles" - Arthur Jones. Quote Share this post Link to post Share on other sites
oldwomanc6 52 #3 March 20, 2013 I'm thinking that anytime you do away with the lowest denomination, it makes it impossible to keep inflation at bay. How are you going to keep prices down (if you so choose) if you have no option? Simplistic, perhaps, but the premise is true.lisa WSCR 594 FB 1023 CBDB 9 Quote Share this post Link to post Share on other sites
billvon 2,991 #4 March 20, 2013 >I'm thinking that anytime you do away with the lowest denomination, it makes it >impossible to keep inflation at bay. ?? Because $3.00 will be radically different than $2.99? Gas stations already use 9/10's of a cent, and we use to have half cent coins. They were discontinued in 1860; inflation didn't run out of control. Quote Share this post Link to post Share on other sites
jumpsalot-2 3 #5 March 20, 2013 Quote I'm thinking that anytime you do away with the lowest denomination, it makes it impossible to keep inflation at bay. How are you going to keep prices down (if you so choose) if you have no option? Simplistic, perhaps, but the premise is true. Quote When I was a kid, a long time ago, I used to buy the two cent Reeses Peanut Butter Cups ....... I was hoping they might come back some day .....but not without pennies for change from a Nickel ...... Life is short ... jump often. Quote Share this post Link to post Share on other sites
mistercwood 287 #6 March 20, 2013 Quote Hell, yes! Get rid of it! Just round everything to the nearest tenth of a dollar, instead of the hundredth of a dollar. Then we can also ditch the nickel. I'm not in the US, but here in Aus we got rid of our 1c and 2c pieces when I was a kid. I would also fully support the abolition of our 5c as well - I used to work for a company that processed cash/coin and those fuckers jammed up my machines like no other... You are playing chicken with a planet - you can't dodge and planets don't blink. Act accordingly. Quote Share this post Link to post Share on other sites
Arvoitus 1 #7 March 20, 2013 When Finland went to euro in 2002 the 1c and 2c coins were released only as a novelty item. There aren't any in circulation, unless someone who bought them in 2002 has used them, although they can be used to pay for stuff. In stores, if you pay with credit/debit card, you pay the exact sum. If you pay with cash then 0.01/0.02 cents are rounded down to 0.00, 0.03/0.04/0.06/0.07 are rounded up/down to 0.05 and 0.08/0.09 to 0.10. There is really no point in having 1c/2c coins.Your rights end where my feelings begin. Quote Share this post Link to post Share on other sites
blueblur 0 #8 March 20, 2013 Especially considering it is a known and stated fact that it costs $.02 to make each penny.In every man's life he will be allotted one good woman and one good dog. That's all you get, so appreciate them while the time you have with them lasts. - RiggerLee Quote Share this post Link to post Share on other sites
tbrown 26 #9 March 20, 2013 Lose the penny. We'll still have Lincoln on the 5 Note. Lose the dollar bill as well as the 2 dollar bill, we'll still have Washington & Jefferson on coins. When we visited New Zealand, I was impressed with their currency. Smallest coin is a dime, which is almost never used. Usually prices are rounded up or down to the nearest 20 cents. No bills below the $5 bill; dollar and two dollar coins are similar, but the $2 coin is thicker - and ALL coins have distinctly different edges, for the blind to identify them. Bills are printed on shear thin plastic, in different colors and sizes for different denominations. It's time we started making currency for the 21st century. Your humble servant.....Professor Gravity ! Quote Share this post Link to post Share on other sites
rehmwa 2 #10 March 20, 2013 QuoteIt's time we started making currency for the 21st century. well, that's 20th century, we're two centuries out of date, not one - but it seems silly to spend the money to revamp our entire minting and printing technology for something that's perfectly functional as is why not just ditch it completely in lieu of personal credit/transfer cards? or even no cards and just account transfers and balances with a thumb print? (just think, uncle sam could track and tax and monitor - maybe even approve or deny - every single purchase each person makes) ... Driving is a one dimensional activity - a monkey can do it - being proud of your driving abilities is like being proud of being able to put on pants Quote Share this post Link to post Share on other sites
BillyVance 34 #11 March 20, 2013 QuoteQuoteIt's time we started making currency for the 21st century. well, that's 20th century, we're two centuries out of date, not one - but it seems silly to spend the money to revamp our entire minting and printing technology for something that's perfectly functional as is why not just ditch it completely in lieu of personal credit/transfer cards? or even no cards and just account transfers and balances with a thumb print? (just think, uncle sam could track and tax and monitor - maybe even approve or deny - every single purchase each person makes) Then you'd have to change all vending machines to accept debit cards."Mediocre people don't like high achievers, and high achievers don't like mediocre people." - SIX TIME National Champion coach Nick Saban Quote Share this post Link to post Share on other sites
rehmwa 2 #12 March 20, 2013 QuoteQuoteQuoteIt's time we started making currency for the 21st century. well, that's 20th century, we're two centuries out of date, not one - but it seems silly to spend the money to revamp our entire minting and printing technology for something that's perfectly functional as is why not just ditch it completely in lieu of personal credit/transfer cards? or even no cards and just account transfers and balances with a thumb print? (just think, uncle sam could track and tax and monitor - maybe even approve or deny - every single purchase each person makes) Then you'd have to change all vending machines to accept debit cards. and,...AND..., remove all those little pockets off of blue jeans ... Driving is a one dimensional activity - a monkey can do it - being proud of your driving abilities is like being proud of being able to put on pants Quote Share this post Link to post Share on other sites
oldwomanc6 52 #13 March 20, 2013 [ /reply] Then you'd have to change all vending machines to accept debit cards. and,...AND..., remove all those little pockets off of blue jeans NOOOOO! That's just plain unAmerican!lisa WSCR 594 FB 1023 CBDB 9 Quote Share this post Link to post Share on other sites
lawrocket 3 #14 March 20, 2013 QuoteJust round everything to the nearest tenth of a dollar Taxes would be rounded up. My wife is hotter than your wife. Quote Share this post Link to post Share on other sites
BartsDaddy 7 #15 March 21, 2013 QuoteQuoteQuoteQuoteIt's time we started making currency for the 21st century. well, that's 20th century, we're two centuries out of date, not one - but it seems silly to spend the money to revamp our entire minting and printing technology for something that's perfectly functional as is why not just ditch it completely in lieu of personal credit/transfer cards? or even no cards and just account transfers and balances with a thumb print? (just think, uncle sam could track and tax and monitor - maybe even approve or deny - every single purchase each person makes) Then you'd have to change all vending machines to accept debit cards. and,...AND..., remove all those little pockets off of blue jeans Why would you want to remove the watch pocket because they do away with the penny? Some peoples reasoning astounds me. Handguns are only used to fight your way to a good rifle Quote Share this post Link to post Share on other sites
BillyVance 34 #16 March 21, 2013 Quote Quote Quote Quote It's time we started making currency for the 21st century. well, that's 20th century, we're two centuries out of date, not one - but it seems silly to spend the money to revamp our entire minting and printing technology for something that's perfectly functional as is why not just ditch it completely in lieu of personal credit/transfer cards? or even no cards and just account transfers and balances with a thumb print? (just think, uncle sam could track and tax and monitor - maybe even approve or deny - every single purchase each person makes) Then you'd have to change all vending machines to accept debit cards. and,...AND..., remove all those little pockets off of blue jeans Actually, I have found those pockets to be pretty useful for storing beer bottle caps when you can't find a trash can nearby. Ditto for soda can pop tops that are saved for Children's Hospital. "Mediocre people don't like high achievers, and high achievers don't like mediocre people." - SIX TIME National Champion coach Nick Saban Quote Share this post Link to post Share on other sites
BIGUN 1,314 #17 March 21, 2013 Wouldn't we have to give more pennies to the charities that help the poor and elderly who need pennies?Nobody has time to listen; because they're desperately chasing the need of being heard. Quote Share this post Link to post Share on other sites
rehmwa 2 #18 March 21, 2013 QuoteActually, I have found those pockets to be pretty useful for storing beer bottle caps when you can't find a trash can nearby. I stand corrected - let the market decide if the demand for the little pockets is needed. This is why social engineering is so stupid. ... Driving is a one dimensional activity - a monkey can do it - being proud of your driving abilities is like being proud of being able to put on pants Quote Share this post Link to post Share on other sites
Andy9o8 2 #19 March 21, 2013 QuoteQuoteActually, I have found those pockets to be pretty useful for storing beer bottle caps when you can't find a trash can nearby. I stand corrected - let the market decide if the demand for the little pockets is needed. This is why social engineering is so stupid. I use that little pocket all the time. Greatest thing since zippers. Quote Share this post Link to post Share on other sites
ryoder 1,590 #20 March 21, 2013 Quote Quote Quote Actually, I have found those pockets to be pretty useful for storing beer bottle caps when you can't find a trash can nearby. I stand corrected - let the market decide if the demand for the little pockets is needed. This is why social engineering is so stupid. I use that little pocket all the time. Greatest thing since zippers. What I keep behind my zipper, wouldn't fit in that little pocket."There are only three things of value: younger women, faster airplanes, and bigger crocodiles" - Arthur Jones. Quote Share this post Link to post Share on other sites
Andy9o8 2 #21 March 21, 2013 Quote Quote Quote Quote Actually, I have found those pockets to be pretty useful for storing beer bottle caps when you can't find a trash can nearby. I stand corrected - let the market decide if the demand for the little pockets is needed. This is why social engineering is so stupid. I use that little pocket all the time. Greatest thing since zippers. What I keep behind my zipper, wouldn't fit in that little pocket. Christ, everything gets turned into a gun thread. Quote Share this post Link to post Share on other sites
ryoder 1,590 #22 March 21, 2013 Quote Quote Quote Quote Quote Actually, I have found those pockets to be pretty useful for storing beer bottle caps when you can't find a trash can nearby. I stand corrected - let the market decide if the demand for the little pockets is needed. This is why social engineering is so stupid. I use that little pocket all the time. Greatest thing since zippers. What I keep behind my zipper, wouldn't fit in that little pocket. Christ, everything gets turned into a gun thread. http://www.youtube.com/watch?v=4kU0XCVey_U"There are only three things of value: younger women, faster airplanes, and bigger crocodiles" - Arthur Jones. Quote Share this post Link to post Share on other sites
