Should the United States stop production of the penny?
So if that happens 99¢ items go away?
If you don't pay with card or exact change, you will round up to one dollar.
When the half-penny ceased production, it was worth more than the nickel is now.
What do we do with all the left over pennies that are now without value?
They will still be worth 1 cent, they will just slowly disappear because production will be stopped. You can still find $2 bills and use them, though they are no longer produced
When you do, round up.
See, this is what happens when a currency is inflatable. Probably going to have to start making coin-value money into paper bills.
I don't see the reason for keeping it, it is a waste of money to keep producing them.
Seems like there's enough pennies in circulation to meet demand. Stop minting them and let them die on the vine.
Depends on what you want to get out of it. If you want to stop making them cos they're a bloody pain, I'd definitely agree.
But you may not save money, more nickels would be needed and they also cost over double their face value to produce.
I say abolish both!
They should be discontinued. I won't make an argument. I will let cgp grey an John Green do it for me. m.youtube.com/watch?v=y5UT04p5f7U
Fear the giant squid of anger and dftba.
I was going to reference John Green as well! DFTBA, my penny-hating friend.