YES! Definitely.
It is a waste of resources to keep making them. It costs more to make a penny than a penny (and that's just for the metal).
And it's true that "rounding up" would occur --- but it already occurs anyway.
And if inflation goes down to the point where a penny is again valuable, then there is nothing stopping them from re-issuing them.
Over 18 --- by a lot.
2007-11-02 14:01:33
·
answer #1
·
answered by Wyoming Rider 6
·
1⤊
0⤋
Younger then 18 No keep the penny
2007-11-02 20:42:10
·
answer #2
·
answered by California Dude! 2
·
0⤊
0⤋
Older than 18. Unsure.
Depends on how things are supposed to work without them. If you buy something and the price with tax comes out to $3.97, will you have to pay $4 or $3.95?
Prices could be manipulated to "round up" so that a few extra cents are paid for everything. Isn't that inflationary?
And if everything is rounded to the nickel, won't we need more nickels?
2007-11-02 20:57:25
·
answer #3
·
answered by raichasays 7
·
0⤊
0⤋
Younger then 18, NO
2007-11-02 20:41:07
·
answer #4
·
answered by Anonymous
·
0⤊
0⤋
Older than 18
YES!!!
In fact, we're probably going to be lacking coins and bills in a few decades. Hand-written checks area already being phased out.
2007-11-02 20:40:28
·
answer #5
·
answered by FaZizzle 7
·
0⤊
0⤋
No, over 18. Because everything will be rounded up to the next nickel. Total is $3.01, your going to have to pay $3.05.
2007-11-02 20:46:25
·
answer #6
·
answered by Anonymous
·
1⤊
0⤋
No
Over 18
When inflation goes through the roof you might want to just set them aside til it goes back down but until then, they are pretty handy.
2007-11-02 20:40:47
·
answer #7
·
answered by Captain 3
·
0⤊
0⤋
no, under 18.
We should just wait until the future when paper money and coins are completely and utterly useless and everthing is transferred over.
2007-11-04 15:48:29
·
answer #8
·
answered by Guppy 4
·
0⤊
0⤋
YES, & I'm 69.
It costs almost 2 cents to make one.
People keep taking them out of circulation.
If it wasn't for sales tax, we'd never need them.
2007-11-02 20:43:40
·
answer #9
·
answered by Robert S 7
·
1⤊
0⤋
yeah, under 18
2007-11-02 20:41:15
·
answer #10
·
answered by Anonymous
·
0⤊
0⤋