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<p>[QUOTE="Conder101, post: 2485420, member: 66"]The Mint makes them because the Fed requests them. The Fed requests them because the banks ask for them. The banks ask for the because the businesses ask for them. The businesses ask for them because the people don't use but instead toss them into change jars at a faster rate than the jars go back tot he banks.</p><p><br /></p><p>As long as they are an authorized coin and requests keep coming in the mint pretty much has to keep making them. I don't believe they have the authority to unilaterally decide they aren't going to make them any more.</p><p><br /></p><p>And contrary to what some people believe if they stop making them having a trillion of them out there is NOT going to keep them circulating. I still firmly believe that if they stopped making cents tomorrow, within a year, two at the most, they will NOT be a circulating coin and everyone will be rounding. Any that do show up then will go back to the banks, then to the Fed, and not come back. Why because by then the businesses are used to or committed to rounding. They no longer need the cents, they no longer ask for them at the bank.[/QUOTE]</p><p><br /></p>
[QUOTE="Conder101, post: 2485420, member: 66"]The Mint makes them because the Fed requests them. The Fed requests them because the banks ask for them. The banks ask for the because the businesses ask for them. The businesses ask for them because the people don't use but instead toss them into change jars at a faster rate than the jars go back tot he banks. As long as they are an authorized coin and requests keep coming in the mint pretty much has to keep making them. I don't believe they have the authority to unilaterally decide they aren't going to make them any more. And contrary to what some people believe if they stop making them having a trillion of them out there is NOT going to keep them circulating. I still firmly believe that if they stopped making cents tomorrow, within a year, two at the most, they will NOT be a circulating coin and everyone will be rounding. Any that do show up then will go back to the banks, then to the Fed, and not come back. Why because by then the businesses are used to or committed to rounding. They no longer need the cents, they no longer ask for them at the bank.[/QUOTE]
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