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Should we get rid of the penny?
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<p>[QUOTE="Just Carl, post: 134904, member: 4552"]First of all the toll roads in Illinois dose take the cent. I've done it just to irritate them. </p><p>As to getting rid of this denomination, this subject has been beaten to death many times on this and other forums and everyone misses the important facts. That is that the government really dosen't care what it cost to produce a cent, nickel, dime, etc. When people say the cost of the metal exceeds the cost of the product, so what. It always has cost more to produce out money than it's worth. Everyone forgets the cost of the building they are made in. The cost of electricity, gas, water, phones for that building. Salaries for the government workers there. Miscellaneous items in that building for computers, paper, printers, desks, chairs, refrigerators, toiler paper, etc. Then there is the cost of shipping the coins all over the country in trucks, trains, boats, planes, helicopters, flying saucers, etc. Just what do you think it cost to fly a USF anyway.</p><p>Most importantly there will probably be no cash money soon. All transactions will be with a credit or debit card. The only thing that is stopping that from being complete now is there is no way to use a credit card on a gum ball machine.[/QUOTE]</p><p><br /></p>
[QUOTE="Just Carl, post: 134904, member: 4552"]First of all the toll roads in Illinois dose take the cent. I've done it just to irritate them. As to getting rid of this denomination, this subject has been beaten to death many times on this and other forums and everyone misses the important facts. That is that the government really dosen't care what it cost to produce a cent, nickel, dime, etc. When people say the cost of the metal exceeds the cost of the product, so what. It always has cost more to produce out money than it's worth. Everyone forgets the cost of the building they are made in. The cost of electricity, gas, water, phones for that building. Salaries for the government workers there. Miscellaneous items in that building for computers, paper, printers, desks, chairs, refrigerators, toiler paper, etc. Then there is the cost of shipping the coins all over the country in trucks, trains, boats, planes, helicopters, flying saucers, etc. Just what do you think it cost to fly a USF anyway. Most importantly there will probably be no cash money soon. All transactions will be with a credit or debit card. The only thing that is stopping that from being complete now is there is no way to use a credit card on a gum ball machine.[/QUOTE]
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