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<p>[QUOTE=&quot;cladking, post: 7503662, member: 68&quot;]The production of nickels would have increased anyway.&nbsp;&nbsp; The reason that more nickels is needed has nothing at all to do with the lack of pennies.&nbsp; It occurs because there&#039;s more room in peoples change jars without the pennies. They can accumulate them for months or years before they have enough to buy a fancy meal.&nbsp;&nbsp; It happens because of deficit spending and the inflation it causes.&nbsp; A 2021 Canadian nickel is now worth less than .006 1967 Canadian dollars.&nbsp; It has gone from being worth a candy bar to needing more than 20 to buy the same treat.&nbsp; People don&#039;t even use quarters much any longer but they add up fast enough to bother taking them to the bank. </p><p><br /></p><p>Non-negotiable nickels would also build up in change jars but nobody would be hoarding them.&nbsp; More importantly they can be made for less than 2c each so it&#039;s a profit for the mint.&nbsp; They take up less space and are lighter to transport.&nbsp; Counting costs are well under 5c. </p><p><br /></p><p>If government started paying interest on money instead of taxing it through inflation we could soon make ten dollar coins out of gold again but we all know that&#039;s about as likely as getting rid of the penny.[/QUOTE]</p><p><br /></p>

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