Do you think we should get rid of the almighty PENNY?

Answer 1

yes and no.

yes... it is only one cent and is annoying to have to search your pockets for that extra cent when paying for something

no...it will fck all our pricing methods up and everything will round up to a higher price.

Answer 2

Yes.
It takes time to give them out in change.
They cost more than a penny to make.
Making them depletes our zinc and copper resources.
Other countries/cities have done it (I was recently in Sydney - it worked great).

I asked this question a few weeks ago. Dozens of others have also.
About the only uses I got for a penny were "to measure the tread wear on tires" and "to get the proper spacing between floorboards." Both of these could be measured by other things.

It would save stores countless hours of making change. Can you buy ANYTHING any more for a penny? So what if the nickel becomes the lowest denomination coin???

You may get the hair-brained argument that we would end up paying more in taxes if we abolished the penny. Some people cannot do the simple math that half of things would get rounded UP to the next nickel, but half would get rounded DOWN. So it all evens out in the end.

No more pennies! No more pennies!

Answer 3

No we need the penny. How would you make change for a nickle. If the 5 cent piece was the lowest then we would have to start counting by 5's Besides if there wasn't Any penny then i wouldn't have anything to pick up off the street

Answer 4

I am tired of pennies jggling in my pocket. I try to get rid of them as quickly as possible but stores do not like taking more than 10. Lets just round everything up to 5s and 10s and kill the Penny

Answer 5

No! I vote keep the pennies! What would children (big and small) toss in the wishing well or the fountain in the park or mall? How would we pay for something that cost $9.97? I started my first bank account with 187.00 in pennies when I was 13. What would happen to the phrases like A PENNY FOR YOUR THOUGHTS or PINCH A PENNY or A BAD PENNY ALWAYS TURNS UP? What would we put in our PENNY LOAFERS? SO AGAIN I SAY KEEP THE PENNY!

Answer 6

No its an instiution and if you got rid of it all the prices would be rounded up like happened when they brought in the euro in europe, i know it costs more than a penny to make a penny but what would happen to all the old sayings like "spend a penny"???

Answer 7

Wow. That would really destroy the 99 cent marketing ploy. Besides, it would really screw up prices and when you factor in taxes, each state would have to adjust taxes so everything rounds out to multiples of 5 cents. It would make absolutely no sense whatsoever. I happen to like pennies. Having pennies is better than having no change at all, you greedy psychos!

Answer 8

Nope.

There always has to be a smallest coin. If we get rid of the penny then the nickel becomes the low man in the currency totem pole. Would you then be asking if we should get rid of the nickle in a few decades?

Answer 9

No way. Then we couldn't pinch pennies or have a lucky day when we find one face up or be humbled by our jar of saved pennies.

I think we need the little things in life when the big things seem out of our reach.

Answer 10

Yes. They are dirty and almost useless. Many people I know don't ever use their pennies or just don't want the pennies when they get change. Think of how much copper the country would save if they didn't have to produce them.

Answer 11

I don't consider the almighty to be the penny. Your point of view may be a bit exaggerated. No I don't think so, as it would inevitably raise prices, and the poor would suffer disproportionally.