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<p>[QUOTE="KBBPLL, post: 26053808, member: 104064"]Me either. Especially with the abysmal state of computer security. My personal data has been stolen more times than I can remember. There will be strong resistance to the elimination of currency. The elimination of the cent or the dollar bill has faced stiff resistance for a long time. </p><p>You're assuming companies are going to round at all. I contend that they won't - everything will be priced at the next 5 cent increment. 1-4 cents more on every item you purchase adds up to a lot. As I said earlier, all other things being equal. Of course they will still play the $2.95 instead of $3.00 psychological games, but at WalMart for example a lot of the prices don't conform to that, it's $2.77 or $2.82 instead. You can bet those prices will become $2.80 and $2.85, and not $2.75 and $2.80. There is no incentive for them to strive for a break-even on the elimination of the cent.[/QUOTE]</p><p><br /></p>
[QUOTE="KBBPLL, post: 26053808, member: 104064"]Me either. Especially with the abysmal state of computer security. My personal data has been stolen more times than I can remember. There will be strong resistance to the elimination of currency. The elimination of the cent or the dollar bill has faced stiff resistance for a long time. You're assuming companies are going to round at all. I contend that they won't - everything will be priced at the next 5 cent increment. 1-4 cents more on every item you purchase adds up to a lot. As I said earlier, all other things being equal. Of course they will still play the $2.95 instead of $3.00 psychological games, but at WalMart for example a lot of the prices don't conform to that, it's $2.77 or $2.82 instead. You can bet those prices will become $2.80 and $2.85, and not $2.75 and $2.80. There is no incentive for them to strive for a break-even on the elimination of the cent.[/QUOTE]
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