|
REPORT COPYRIGHT VIOLATION IN REPLY
|
|
Message Subject
|
Is it time to get rid of the Penny?
|
|
Poster Handle
|
DaveGillie |
|
Post Content
|
Troubling Myths
Myth #5: The penny produces a profit.
This argument is no longer made, as all sides agree that it now costs more than a penny to make a penny. Quoting: Anonymous Coward 944253 Actually, that this is a myth, is in itself a myth. for it does NOT cost two cents to make one, it does not any REAL money at all. The US creates money out of thin air to pay it's bills. Even it's penny printing bills, therefore a penny made IS nearly a penny profit still
|
|
|
Please verify you're human:
|
|
|
Reason for copyright violation:
|
