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Should the cent be kept?
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<p>[QUOTE="medoraman, post: 1265699, member: 26302"]I think the simplest solution would be to legally make every cent worth $.05, and make a new 5 cent piece like the current cent, and discontinue the current nickel. The nickel is currently a money loser as well. Legally round all purchases to the nearest nickel. </p><p><br /></p><p>A cent has the purchasing power of more than a dime in the 50's, inflation has killed it, and we might as well face up to that.[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 1265699, member: 26302"]I think the simplest solution would be to legally make every cent worth $.05, and make a new 5 cent piece like the current cent, and discontinue the current nickel. The nickel is currently a money loser as well. Legally round all purchases to the nearest nickel. A cent has the purchasing power of more than a dime in the 50's, inflation has killed it, and we might as well face up to that.[/QUOTE]
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Should the cent be kept?
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