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<p>[QUOTE=&quot;BadThad, post: 26058204, member: 17261&quot;]The cent (and the nickel) must be eliminated. Most people won&#039;t even bend over to pick them up. You cannot buy anything with 1 cent. Currency is so grossly inflated now that cent makes no sense - except for electronic transactions where the cent can live in virtual form for the rest of it&#039;s existence. </p><p><br /></p><p>Our good neighbors to the north have lived just fine with no pennies for what, like 20 years now? Did they collapse as a country? Many other countries have dispensed with their lowest denomination coinage because it&#039;s the smart thing to do. Inflation has eaten the world, that&#039;s just how the systems work.</p><p><br /></p><p>The production and distribution cost of the cent to everyone is WAY more than claimed. After they leave the &quot;3.7 cents mint&quot;, consider the millions of gallons of diesel fuel wasted hauling around useless slugs and the manual labor/electricity wasted in the distribution process alone. There are a lot of steps before a coin ends up in a consumers product. Then you eventually give it back and the banks repeat the counting, hauling and redistributing - over and over and over.[/QUOTE]</p><p><br /></p>

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