Pennies are not even worth what they’re worth. So why do we still make them?
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Actually the charity argument is not even true, here in the Netherlands and other countries have already just stopped making pennies and the amount of money given to charity has not dropped at all. Also the 100 million dollars a year he is talking about would mean that every American would have to donate about 30 pennies a year, including every baby, child and everyone living in poverty...
All of our coins are annoying and worthless. It's from a long ago era when coins actually had some purchasing power. Completely get rid of them or keep just the quarter. Round everything to the nearest quarter. Simple. And no more ridiculous pricing like $2.99. We all know that's THREE FRIGGIN DOLLARS, so you're not fooling anyone.
I once made a glider out of Styrofoam boards I found lying around my house. The center of mass was a little bit behind the lift, so to balance it I used a few pennies.
Got the glider to nose down a little bit, but the wings were utter shit to begin with and just didn't work. Thanks, US currency.
I clean a big-box store, I usually find one to as many as 7 or 8 pennies (a few nickels and dimes too) every day. Beings as I work 6 days a week . . . they go in a jar on my desk. They add up and have been that last bit needed for gas on the last day before payday. Paycheck to paycheck people know how that is.
People have tried to give away gold coins and they had lots of people say no. But there are places they could go to see pennies picked up. Anywhere near me. ..........But the sad picture was them using heat pennies in the opening bit, Those are worth more, as they are 97.5% copper not mostly zinc. They devalued the penny by devaluing the whole dollar.
I think the real value in pennies is it facilitates a more appealing price point to the consumer. For example, studies have shown that people are more willing to purchase an item for $24.99 than $25.00, a "big" even number. Even though chances are the consumer will pay with an even $25, consumers are drawn to the idea that they are getting a deal. Pennis valuable by its ability to increase consumerism in this way. Consumerism is valuable to the economy. Therefore, so is the Penny.
We haven't used 'em in sum yrs now (in Canada). Pricing is still exacted to the penny, but we just round up or down -- no biggy and that's often double the amount (.02$ there's not even the c with the cross thru it on my keyboard. Ha, no wonder its dead). What's with the American mind, eh, lol!
When I was a baby I crawling on the floor then I saw a penny. I picked it up looked at it and then I swallowed it. My mom saw me turning blue and called for my dad . He then proceeded to run towards me and then did the Heimlich Maneuver and I puked. That’s what my mom told me. I could’ve died from that penny .
Just saying, I work in customer service and there happen to be a lot of times where i had checked out customers who had either used gift cards or did exchanges and literally only were either owed or only had to pay a difference of a few pennies or even just one. Today, that literally happened as a woman used up a giftcard I had just given her as store credit on some new things, and she literally only had to pay me a penny (it was a massager, 10.85 after tax. The giftcard had 10.84 on it).
I give a lot of pennies to charity. If you don't want your pennies give them to a bum or in the charity bucket. Every cent counts. If 350 million people donate a penny that 35 million dollars for charity.
Stop using god damn pennies and round everything to the nearest 5th. I work in one of the busiest pharmacies in washington state and not having to count out each individual penny would honestly save a lot more time and get through customers a little bit faster. Pennies are stupid and completely fucking worthless.
The amount to pay to make pennies is complete bs yeah it cost more than it's worth but it's not like it cost 100 dollars to make a 100 dollar bill. It doesn't even cost 1 dollar to a 1 dollar bill... everyone is acting like it's going to completely bankrupt us because of one form of currency.
i think this clip was made AFTER famed author and OG youtube vlogger John Green (from vlogbrothers) asked the then POTUS Barack Obama about calling it cuts on the penny....Obama pretty much danced around an "it's not so simple" answer to pretty much say "no one in power is gonna do shit about it cuz it's so low on the priority scale that it's not even worth it"
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