President Donald Trump says he has directed the Treasury Department to stop minting new pennies, citing the rising cost of producing the one-cent coin.
This is a good idea, but it feels nefarious given the context. Assuming it’s on the level, do nickels, too. Let’s just round to 1 decimal place.
Maybe not nefarious, since it’s been a public idea for decades. He does like to put forward those ideas like he’s the one that thought of it. This one’s a net positive so let’s just let him play with the unplugged controller on this one.
Unless it turns out he and/or Elon bought something with copper. Which wouldn’t surprise me.
Reverse split the Dollar?
Can we also get rid of the paper dollar bill while we’re at it?
he’s gonna alienate the crucial demographic of penny-cultists!
I wonder how the “cashless society is slavery” feel about this
I’m against cashless society, but I’m also for getting rid of the penny. We should have done it at least a decade ago. I carry cash and keep some change in my car, the penny is worthless.