US Treasury to stop producing pennies next year

Comments (6)

perilunar · 27m ago

> The phasing out of the coins will mean businesses will need to round prices up or down…

Only when paying cash, and only the total.

globular-toast · 3h ago

Australia stopped one and two cents coins decades ago. It's sad to have to live with a system where the numbers are just two or even five times larger than they should be, but I suppose worse things have happened.

perilunar · 19m ago

I don’t think it’s sad. Just the reality of constant inflation. And the $1 and $2 notes were replaced with coins, which are much better.

I’m hoping the 5c coins will go soon, and we’ll get an $5 coin.

kirykl · 2h ago

Replace it with a 33 cent coin

eesmith · 2h ago

It's about time.

Andy Rooney complained about pennies back in the 1980s. https://www.youtube.com/watch?v=A-zcWgXu4hg . "A penny saved is a waste of time."

In inflation-adjusted terms, a penny back then was worth almost 3 cents now.

rightbyte · 2h ago

I am such a cheapskate that I can't not bother with pennies. I will save so much time from this.

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US Treasury to stop producing pennies next year

Comments (6)