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<p>[QUOTE=&quot;KBBPLL, post: 26069339, member: 104064&quot;]<a href="https://pennies.org/doge-misses-the-mark-on-penny-post/" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://pennies.org/doge-misses-the-mark-on-penny-post/" rel="nofollow">https://pennies.org/doge-misses-the-mark-on-penny-post/</a></p><p>The group that published this is obviously biased, but raises points that are easy to have already suspected:</p><p>1. Erroneous Cost Calculations: DOGE’s claim conflates data by using the combined cost of producing both pennies and nickels.</p><p>2. Nickel Production Losses: Without the penny, the volume of nickels in circulation would have to rise to fill the gap in small-value transactions. Since each nickel represents a significantly higher loss per unit, this would drive up overall production costs for the government.</p><p>3. Unfair Mint Accounting Practices: The Mint’s accounting methods have unfairly inflated the reported cost of the penny.</p><p><br /></p><p>If the claim is to be doing something good for the taxpayer, then let&#039;s get an accurate accounting of the whole picture. Otherwise it smells like it&#039;s agenda-driven.[/QUOTE]</p><p><br /></p>

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