Best anti-penny rant of all time?
This is quite brilliant (via):
Besides, for the people who do inexplicably love pennies, think how much more their penny collections will be worth in a world that no longer mints them?
Tags: economics
Erik Kain
Erik writes about video games at Forbes and politics at Mother Jones. He's the contributor of The League though he hasn't written much here lately. He can be found occasionally composing 140 character cultural analysis on Twitter.
January 31, 2017
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Wait…
People still use coins and paper?!Report
Living in a state with no sales tax, my hatred of the penny has grown exponentially. Since everything still costs x.99, that means that there are always – and often only – pennies left over. An extra penny for everything you’re purchasing. At least with sales tax you get a wide mix of leftovers. No sales tax, little variety. The result is that the take-a-penny-leave-a-penny is overflowing at most convenience stores.
Down with the penny!
I am not certain that we should not do away with all coinage but the quarter, though increments of 10 may be easier than increments of four.Report