What follows is an incredibly insightful yet entertaining rant against the penny (and the nickel). He makes a compelling argument against the production of pennies and nickels, and also points out that it is a non-political issue, which could help facilitate bi-partisan communication:
As I see it, pennies are all but useless. The only thing I use them for are putting in the "give a penny, take a penny" plate at registers, the Salvation Army red buckets during the Christmas season, and for throwing at people.
So I ask: Do you think the penny is a good thing to keep around? What are some reasons for keeping it?
Monday, September 20, 2010
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I collect squashed pennies so I would be saddened by the loss of them, however, I also think that we could do without them.
ReplyDeleteThere are machines that squash coins other than pennies so I think I would survive if we decided to get rid of them.
Heh heh. I can dig it.
ReplyDeleteAlso, consider that if the penny is dropped from circulation, the surplus pennies could be squashed.
Although they might at that point be considered collector's items.