Goodbye penny. Hello inflation?

I agree the penny needs to go but without the 1cent piece inflation can only move in increments of 5?
Maybe its just that we dont need any MORE pennies; plenty in circulation. Also tax will need to be adjusted to only be collected such that anything less than 5 or 10 cents are not calculated.
How thats gonna work? Idk. do you?

This page is a permanent link to the reply below and its nested replies. See all post replies »

ViciDraco · 41-45, M

Look back to the half-penny. We don't have those anymore, either.

jehova · 31-35, M

@ViciDraco and inflation is in greater increments!

ViciDraco · 41-45, M

@jehova But inflation already works mostly on ten cent increments anyways. How many things do you see that end in a value other than 9? A product doesn't go from 3.79 to 3.83. It goes to 3.89 or 3.99 because of human psychology.

jehova · 31-35, M

@ViciDraco valid but still go slow inflation. we do have the nickle still. So 5% inflation would be the minimum. Maybe itd be better to simply reset the system entirely reset everything to 0 make a global(continental or hemisherical) currency the "Eurollar" of "Canmerico" maybe the "AmeriDollareso"and go from there?
Lets get loonie?!

jehova · 31-35, M

@ViciDraco and i disagree a gallon of milk was 1.95 when i was 7 years old in 1996 now its 4.99 im 35 now therefore it increased by 0 to 10 cent increments over 28 years not by exactly 10 cents every time. And definitely not by 1$ at a time.

jehova · 31-35, M

@jehova for trump it will have to be AMERICAnadic0