A Dunkin' Donuts Sort Of Abolishes Pennies

I would be the one asking for my pennies. I do my best to always make sure my totals include pennies. Otherwise - how will I ever get that 09-SVDB.

 

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i have a question for everyone who wants to get rid of the penny because "it's worthless and can't buy anything"... what can a quarter buy you? one single quarter?

 

so according to the Dunkin Doughnut sign ...
if my total is 2.22 then i should pay only 2.20

or even more extreme if the total is 2.24 ...
do they expect i pay 2.20 also if i have the right amount with me ???

 

And your source for this information is? Or you can be your own source and demonstrate these "billions" mathematically. Makes no difference to me.

 

With as many pennies as there are, why do we need to keep minting them at all? Aren't there enough to go around? Is it even possible to have a "shortage of pennies"?

In about 10 years we'll be remembering the Great Penny Shortage of 2020, oh the Humanity!

 

I've long wondered about this myself. Actually, isn't that the case with most coins? They don't wear out. Quickly, at least. I work in retail and I regularly get nickels and quarters from the 60s. I wonder if anyone has done a study to determine when there would be a shortage of coins if they stopped minting them.

I'm old enough to remember when a penny was worth something. Bubble gum for a penny, stick pretzel for a penny (big jar on the counter at 7-11, just reach in and take one), licorice stick for a penny (same dispenser as pretzels). Two cent deposit on a pop bottle. I don't remember when penny bubble gum disappeared.

If they eliminate the penny what will happen with all of those squished penny machines?


Inflation sucks.

 

In case you mean the euro area - yes, we still have them here, but two euro countries (Finland, Netherlands) have by and large phased the 1 and 2 cent coins out. Hope that others will follow. And other EU countries ... in Sweden for example they do not have öre coins any more; the lowest denomination is the 1 krona coin (worth about €0.11 or $0.15) now.

Christian

 

Hmmm. I wonder what ever happened to the half cent ? Certainly those had value?

Oh yeah. They were eliminated back in the days when "politics" did not play a more important role than "economics".

And what about that 9/10 cent for a gallon of gas? Who's getting your 1/10 of a cent? I mean, on a 10 gallon fillup, thats a whole cent you're tossing away. Fill up a good size pickup truck and you're talking the 3 whole cents that coleguy wants in his pocket.

Nothing costs a cent anymore and to continue to produce the coin is just economically irresponsible. Yes, 100 of them will get you a buck but a buck doesn't even go very far today.

 

Nobody brought up the word "hate" with regard to the cent.
It just doesn't make "cents" to continue to produce the coin as a means of payment.

 

Also remember that the rounding factor only applies to cash transactions. Credit transactions would still be to the nearest cent.

 

nothing costs a quarter, but no one wants to get rid of it. isn't that ecomonically irresponsible too?

 

To be very honest about it, my last visit to DD, the gal did not give me my change and I questioned her about it. Two cents is two cents I replied, and I don't care for what they are attempting to do. I want penny's in circulation.

 

What really really slows things down are those people who insist on using debit and credit cards, notwithstanding the fantasy commercial where the plastic actually is zipping along and the cash slows things down. IN reality using the plastic slows things down more, plus if they did away with credit cards we would not be so liable for fraud and identity theft.

 

Ridiculous......

 

That depends on the establishment. Many of the lunch places here in DC swipe your card, no signing, no receipt, and it is significantly faster than getting into the cash register. The slow ones are the people digging into their change purse to come up with exact change....

 

Not quite true.

Pay Phone Calls are a quarter as well as most parking meters. Some parking meters will take your cent coins but not rack up any time.

 

i haven't seen a 25¢ pay phone in years. 35¢ is the cheapest, with most being 50¢ now.

 

I don't think I've seen a parking meter take any coinage at all for at least ten years. All of ours take plastic now and start out at $5, sometimes more.
Guy

 

In the town where I live you can get 30 minutes for a dime. The last time that I fed a meter in downtown DC it was a quarter for an hour.

$5? Wow!

 

California....