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What do you think? Give us your opinion. Anonymous comments allowed.
User avatar #3 - chism (02/25/2013) [-]
they have been wanting to do it since the 90's. it costs more to make it then it's worth
User avatar #63 to #3 - gorginhanson (02/26/2013) [-]
start hoarding pennies
User avatar #5 to #3 - jonnyp (02/25/2013) [-]
a 1 cent coin is however, needed. if you get a dividend on 1.56, or you pay 1.99 for something, what are you gonna get in return?
User avatar #133 to #5 - pokemonstheshiz ONLINE (02/26/2013) [-]
the military doesn't use the penny either, they round their paychecks up to the nearest nickel, the same can be done with sales
#25 to #5 - luckymowse (02/25/2013) [-]
Canada got rid of its penny, now we just round things to the nearest nickel. up or down. it hasn't quite been a month yet, but it seems to be working out alright so far.
User avatar #20 to #5 - helltard (02/25/2013) [-]
if they got rid of pennys you wouldnt pay 1.99 you would pay 1.95 so you would get a nickel instead of a penny. you dont need pennys. and nickels also cost more than they are worth so you might as well ban them too. meaning you pay 1.90 bam you just saved 9 cents that you wouldnt have before
User avatar #21 to #20 - jonnyp (02/25/2013) [-]
or you would pay $2, they arent gonna make things cheaper because of an absence of a coin, no, theyll be greedy and charge you more.
User avatar #22 to #21 - helltard (02/25/2013) [-]
no. its a marketing thing, they make more money if they sell things for 1.90 than for 2$ because people by more thinking there is a noticable difference and the money gets made back by the company. thats why they dont already just sell things for 2$ as opposed to 1.99. also in other countries prices have not risen at all.
#8 to #5 - anon (02/25/2013) [-]
Tell that to Canada who just retired their 1 cent coin. When you lose money minting it then what's the point of using it? Round every price to end with a 5 or 0 and even with taxes included all totals will be divisible by 5 (aka the nickel).

It's not hard.
#18 to #8 - anon (02/25/2013) [-]
Thats only for cash. Debit and Credit stay the same
User avatar #14 to #8 - jonnyp (02/25/2013) [-]
yea good, than that means you'll either gain or lose money. i say keep it. hell in europe we have a 2 cent coin (for the Euro) THATS something worthless.
#17 to #14 - anon (02/25/2013) [-]
you cant use pennys or nickels in vending machines and the math has been done to prove that the amount of time we spend messing with small coins like pennys and nickels costs us money that we could be making doing something else. there really isnt a logical argument to keep them
User avatar #19 to #17 - jonnyp (02/25/2013) [-]
there is if you use money to buy things other than things from vending machines, like for me, i use cash where i go, just me and the the person selling me the goods, here are some reciepts i paid in cash

992.23 Euro-land rover fender parts,
Brush Gaurd and spray paint 585,69
a reciept from Media Markt for 223.49

yea, im not rounding up and losing another cent. a penny saved is a penny earned. call me what you will, i make jokes about me being a capitalist pig, but when you dont make too much, every cent counts. i dont care how much it cost to manufacture it, make it smaller or something, it needs to be there as an equalizer.
User avatar #24 to #19 - helltard (02/25/2013) [-]
it explains all the possible arguments for abolishment of pennies.
also it has nothing to do with capitalism or socialism. it just saves money
User avatar #23 to #19 - helltard (02/25/2013) [-]
User avatar #7 to #5 - JariWeis (02/25/2013) [-]

That's the way it is here :/
User avatar #15 to #7 - jonnyp (02/25/2013) [-]
See you think logically. i like that, thumb up for you.
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