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<p>[QUOTE=&quot;medoraman, post: 1632224, member: 26302&quot;]Yes of course they should. Its been 155 years since the US dropped its lowest denomination coin. I don&#039;t think any other country on earth can claim that. Its simply economics, no big deal. When people earn 100 times more than people did in 1857, why are they so stupid to think the same monetary system should be in place?</p><p><br /></p><p>Its simple, almost everyone LIKES mild inflation. Every year they can get a 3% raise, and think they are getting ahead. Yes, maybe the price of goods has also gone up 3% or more, but getting a few more nominal dollars in the paycheck makes a human feel good about themselves. Its just psychology. If you have mild deflation everyone screams bloody murder. Try lowering a check 3% every year, even if prices go down 3%, and see how quickly as a politician, you get voted out of office. </p><p><br /></p><p>So, the government simply shoots for mild inflation, people feel good about themselves even though they are no better off, and we have to throw away the lowest denomination every 30-50 years. We are WAY overdue.</p><p><br /></p><p>As for BBC&#039;s idea of keeping it for collector sets, sure, why not? They can restrike two centers, three centers, or whatever they want to sell to us. The cent simply costs the economy more than its worth nowadays, and is a blatant waste of taxpayer money.[/QUOTE]</p><p><br /></p>

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