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?

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walabby · M

Australia got rid of its penny (one and two cent coins) years ago. Totals are just rounded up or down. Not the slightest blip of inflation...

Muthafukajones · 46-50, M

@walabby It’s estimated that small businesses benefit by approximately $500 per year by the rounding up.