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jeffreyi

(2,495 posts)

5. Pennies were eliminated in Canada a long time ago.

Reply to jmowreader (Original post)

Sat Dec 13, 2025, 09:22 PM

Yesterday

I don't think the moon has exploded yet. If it has, enlighten me, please. ,

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WarGamer LiberalLovinLug Bev54 EllieBC progressoid rollin74

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Trump's claimed justification for ending the penny makes no sense at all [View all] jmowreader Yesterday OP

How did he make money killing the penny? Irish_Dem Yesterday #1

I stumbled upon a right wing screed recently which for some reason... Hugin 23 hrs ago #13

Who gets all the pennies, and how much are they worth? Irish_Dem 15 hrs ago #37

Personally, I believe it goes back to a grudge against a dead guy. Hugin 14 hrs ago #38

Getting revenge and grifting at the same time. Irish_Dem 14 hrs ago #39

Americans are weakest about what... Hugin 14 hrs ago #40

The evil geniuses installed the perfect snake oil salesman. Irish_Dem 12 hrs ago #42

Except They're Not Rare Earth Metals ProfessorGAC 6 hrs ago #49

lincoln freed theslaves very bad person rampartd 22 hrs ago #26

Oh geez I had not thought of that. Of course. Irish_Dem 12 hrs ago #43

That's a good argument. Should be shared widely. bucolic_frolic Yesterday #2

I haven't heard one issue he's tackling make any sense or justification for his decisions..the penny Deuxcents Yesterday #3

This is not a new idea, as far back as 2008 Abolishinist Yesterday #4

next time you run for president promise to implode the ball room rampartd 22 hrs ago #30

Pennies were eliminated in Canada a long time ago. jeffreyi Yesterday #5

Other countries think this through and do planned phase-outs rather than just act on impulse. Eugene 23 hrs ago #8

During WWII, pennies were made out of steel Deminpenn 22 hrs ago #23

There's a whole documentary about it. eggplant 23 hrs ago #16

Its inevitable. Not Trumps idea. Just common sense. LiberalLovinLug 22 hrs ago #18

On top of that, if cost relative to value was the real issue, nickels should be discontinued first. Wiz Imp Yesterday #6

The volume of nickels shouldn't need to increase if the penny is discontinued. eggplant 22 hrs ago #17

Most experts disagree with you including the Federal Reserve. Wiz Imp 22 hrs ago #28

Locally, Giant Eagle grocery stores offered $1 in gift cards for every 50 penny roll Deminpenn 22 hrs ago #27

A mill is one tenth of a penny Bmoboy 23 hrs ago #7

Krugman says the penny is no longer relevant. It is obsolete. We should also start minting one-dollar and two-dollar Martin68 23 hrs ago #9

The problem with that is vending machines don't take dollar coins Deminpenn 22 hrs ago #29

In Canada our vending machines take $1 and $2 coins. Most adults use their debit or credit cards on the machines. Bev54 22 hrs ago #32

That's nice to know Deminpenn 21 hrs ago #34

Exactly. I used to spend every summer in Ontario, and I thought one and two dollar coins were great. Martin68 7 hrs ago #47

Yes most people have their cards on their phones now so just tap the phone. Bev54 6 hrs ago #48

If the penny is dead, BlueSpot 21 hrs ago #35

That's like a blacksmith saying "we don't have horseshoes for automobiles. Let's stick with horses." Martin68 7 hrs ago #46

It is an issue when you're dealing with a moron that can only focus on one thought at a time. Trump is really flashman13 23 hrs ago #10

Translation: Bessent plans on embezzling the nation's copper reserves. intheflow 23 hrs ago #11

Not really a lot of copper in pennies any more... Wounded Bear 22 hrs ago #21

Even so, a quart jar full of pennies is $18.00 yellowdogintexas 21 hrs ago #36

Actually, I don't think pennies circulate much at all. patphil 23 hrs ago #12

much hue and cry in advocacy - for a token that consumers in large part refuse to use stopdiggin 23 hrs ago #15

He wants to destroy everything and anything he can. RockRaven 23 hrs ago #14

They've discussed killing the penny forever. Melon 22 hrs ago #19

Yeah, they can blame/give credit to trump if they like, but it's been in the works for a while...nt Wounded Bear 22 hrs ago #22

That's right, it doesn't make any cents! KelleyKramer 22 hrs ago #20

If a penny costs 3.69 cents to make, but a dollar only costs 4.1 cents to make*, then the face value argument... Ol Janx Spirit 22 hrs ago #24

Even if so, the thing to do is to make 2-cent coins that look almost like cents (not pennies -- there is no US penny). eppur_se_muova 22 hrs ago #25

Getting rid of the penny is a fairly old idea dsc 22 hrs ago #31

Seigniorage Deminpenn 21 hrs ago #33

1/2 Cent, Two-Cent piece, Three Cent piece, Silver Half-Dimes, Twenty-Cent piece, and Emile 14 hrs ago #41

I hate having loose coins. MichMan 12 hrs ago #44

In Panama, pennies are necessary PJMcK 10 hrs ago #45