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the PENNY and NICKEL...

 
Anonymous Coward
User ID: 252372
United States
02/10/2008 08:55 PM
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the PENNY and NICKEL...
...both cost more to make that they are worth, and the raw materials in them cost more than they are worth.

i think it's time to make them both out of a different material.

some people advocate doing away with the penny, but i think we should do away with the nickel FIRST.

if we did away with the penny, then all prices would have to be RAISED to the next nickel, and all tax percentages would have to be assigned in 5% increments.

5 pennies can replace the nickel, but we don't have something to replace the penny.

i say do away with the nickel, and make the penny out of a cheaper material/metal.
LouisWinthorpeIII

User ID: 371571
United States
02/10/2008 08:56 PM
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Re: the PENNY and NICKEL...
It's called electronic commerce, and for the want of a $0.02 RFID you can replace the MINT completly.

There is your solution.

Are you happy now?
"I don't know which was scarier...the speech...or the Congress cheering it. He evoked Lincoln. Whenever a President is going to get us into serious trouble...they always use Lincoln."
-2010
Anonymous Coward
User ID: 365092
United States
02/10/2008 08:58 PM
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Re: the PENNY and NICKEL...
Not so. Typically, 9/10 of one cent is the smallest increment for the price of a gallon of gas due to the tax. It doesn't matter that there is no tenth of a cent coin.





GLP