←back to thread

The last-ever penny will be minted today in Philadelphia

(www.cnn.com)
460 points andrewl | 1 comments | 12 Nov 25 16:10 UTC | HN request time: 0.255s | source
Show context
nayuki ◴[12 Nov 25 16:41 UTC] No.45902294[source]▶
We eliminated pennies in Canada in 2012 and the transition was a non-issue. The vast majority of retailers would round cash transactions to the nearest $0.05, but a few would round down to the nearest $0.05 in favor of the customer. https://en.wikipedia.org/wiki/Withdrawal_of_low-denomination...

Canadian cash is better than American cash in several ways: No penny, durable polymer banknotes (instead of dirty wrinkly cotton paper), colorful banknotes (instead of all green) that are easy to distinguish, $1 and $2 coins in wide circulation (instead of worn-out $1 bills).

replies(20): >>45902306 #>>45903233 #>>45903260 #>>45903385 #>>45903401 #>>45903410 #>>45903530 #>>45903652 #>>45903696 #>>45903720 #>>45903737 #>>45903848 #>>45903857 #>>45904034 #>>45904111 #>>45904341 #>>45904360 #>>45904561 #>>45905087 #>>45906936 #
munificent ◴[12 Nov 25 19:06 UTC] No.45904561[source]▶
> We eliminated pennies in Canada in 2012 and the transition was a non-issue.

That's because Canada had a plan, thought it through, and rolled it out.

In the US...

“We had a social media post (by Trump) during Super Bowl Sunday, but no real plan for what retailers would have to do,” he said, referring to the president’s February announcement.

We have a deranged old man posting random shit on social media determining federal policy, so of course it's a chaotic shitshow.

We elected a clown, we got a circus.

replies(1): >>45905262 #
1. MrMorden ◴[12 Nov 25 19:42 UTC] No.45905262[source]▶
Unlike serving as a Republican politician, clowning requires a lot of work and training. It's nothing resembling an unskilled job. Ringling Bros. would do a lot better.