The penny now cost 1.2¢ to make. So is it now worth more? Should we cash in our bills for rolls of pennies? Or should we get rid of the penny from our currency? Could we get rid of it from our day to day life? With out the penny being currency would people bend over to pick them up? Would there be no more penny banks? Would there be no good luck from finding them on heads. President Lincoln how would he fell about this dismissal of the penny?
In economical times of inflation our national currency of a penny has exceeded its own worth. Looking to the future I say we change the penny to 2.5¢. :)
2006-07-03 16:14:32 · 7 answers · asked by tc_an_american 7 in News & Events ➔ Current Events
Its part of our history, but change occurs over time, and the time has came to change (no pun intended) the penny. Take it away. But everything will change. What will WAL-MART do? They couldn't have $9.97 anymore.
2006-07-05 10:41:24 · answer #1 · answered by SnowWhite7 2 · 3⤊ 1⤋
Australia got rid of 1 cent and 2 cent pieces a lont time ago, and it didn't cause an major problems. We still get by without it just fine.
2006-07-03 16:23:30 · answer #2 · answered by jedimastercurtis 3 · 0⤊ 0⤋
Yes! and by the way I have a Sparklets water bottle full of pennies-any offers??? You will have to pay shipping too!!
2006-07-03 17:17:17 · answer #3 · answered by Martin 3 · 0⤊ 0⤋
Whoa, that would be wierd without the penny o my lol.. so is this really happening or a what if?
2006-07-03 16:18:37 · answer #4 · answered by smokingstonersweetheart 4 · 0⤊ 0⤋
Although it cost 1.2¢ it is only worth .008¢ less then a penny.
What we need to do is change its composition to aluminum or plastic.
2006-07-06 18:03:28 · answer #5 · answered by Man 6 · 0⤊ 0⤋
that's extremely interesting, maybe we SHOULD. it's more money, so what's the harm in switching to rolls of pennies?
2006-07-03 16:18:41 · answer #6 · answered by Anonymous · 0⤊ 0⤋
the nickle also cost more than its worth
2006-07-03 16:22:56 · answer #7 · answered by CoC 4 · 0⤊ 0⤋