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Should the US get rid of the penny?
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this post was submitted on 01 Jan 2025
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Sure. Fuck it. I wouldn’t waste any brain power on it when the *gestures wildly at everything* is still happening
That doesn't mean we need to mint more. Especially when it costs more than $0.01 to produce a penny.
You're only pointing to why we don't invalidate the coin.
Correct.
The question wasn't if we should mint more. It was if we should do away with what we have.
Sure, but functionally stopping the production is the main benefit of the decision. It means banks can't order more and the usage will naturally wane away.
I guess I'm saying there's a middle ground that doesn't require invalidating the currency