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<p>[QUOTE=&quot;Phil Ham, post: 6454438, member: 5787&quot;]My answer from February 2013 is still germane today.</p><p><br /></p><p>We shouldn&#039;t kill the cent for two reasons. One; it is the first coin that I collected and I want to continue collecting them. Two, we make 5 billions cents a year. It costs us twice the cost to make than its value. Thus, we spend a total of $50 million dollars a year on making the penny. Our GDP is $14 trillion. The cost of removing the penny is 0.00036% of the GDP. Do you really think that the inflation caused by removing the penny (eg. rounding up) is going to cost us more than 0.00036%?[/QUOTE]</p><p><br /></p>

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