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The quiet disappearance of the cent - w/o government action
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<p>[QUOTE="Burton Strauss III, post: 2764364, member: 59677"]I wrote about this elsewhere, but figured it's worth breaking out into the main forum to continue the discussion w/o hijacking somebody else's thread...</p><p><br /></p><p><br /></p><p>Over the past couple months, I'm starting to see businesses (here in North Texas and also in Maine) quietly eliminate the cent. Oh, if you have exact change, they'll take it, but when making change, they don't bother.</p><p><br /></p><p>They do this by rounding in the customers favor 100% of the time, so they aren't getting any pushback.</p><p><br /></p><p>For example, I paid for lunch, $11.26 with a $20 and received $8.75 in change (the receipt says the correct 8.74).</p><p><br /></p><p>And I've see cases where the $11.24 cost would have gotten me $8.80 in change, rather than break a roll of cents to give me the right $8.76...</p><p><br /></p><p><br /></p><p><br /></p><p>Anybody else?[/QUOTE]</p><p><br /></p>
[QUOTE="Burton Strauss III, post: 2764364, member: 59677"]I wrote about this elsewhere, but figured it's worth breaking out into the main forum to continue the discussion w/o hijacking somebody else's thread... Over the past couple months, I'm starting to see businesses (here in North Texas and also in Maine) quietly eliminate the cent. Oh, if you have exact change, they'll take it, but when making change, they don't bother. They do this by rounding in the customers favor 100% of the time, so they aren't getting any pushback. For example, I paid for lunch, $11.26 with a $20 and received $8.75 in change (the receipt says the correct 8.74). And I've see cases where the $11.24 cost would have gotten me $8.80 in change, rather than break a roll of cents to give me the right $8.76... Anybody else?[/QUOTE]
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