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Death to Pennies
Why Pennies are economically inefficient
Posted 12 years ago by
boyt
in category:
interesting
Comments (8)
LWell
- 12 years ago
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First video I've ever seen on here with a clear political bias. I'm shocked and honestly a little disappointed. Any conservative who knows anything about the situation could make a counter-point to everything said in this video.
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Comment#1
hockey
- 12 years ago
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Come on dude.. how can you call this video political? Do you like all those pennies?!? are you insane?
LWell
- 12 years ago
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Surprisingly, the penny issue very much follows party lines. It is extremely controversial whether to keep it or to get rid of it. And yes, I am in favor of keeping the penny. Rounding up to the nickel is bad for business and bad for the consumer. It costs nearly 7 cents to make a nickel. The "fumbling for change" argument is ridiculous because you will fumble for ANY type of coin: penny, nickel, dime, quarter. You won't lose any extra time simply because of pennies. And if your avatar is a red Maple leaf, are you from Canada? If so, why are you interested in American currency?
hockey
- 12 years ago
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I work in the US. And pennies are just a hassle. If you get short-changed by 3 cents. Do you start an argument with the cashier then?
Rito (guest) - 12 years ago
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This is the only good use for pennies! Guy pays his towed car fine with 8,800 pennies.. http://www.youtube.com/watch?v=1nZLSMRH6cM
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Comment#2
Beta (guest) - 12 years ago
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Come on guys, you can use pennies to put behind your household fuse for a better circuit.
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Comment#3
(guest) - 12 years ago
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Toll Booths take Pennies
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Comment#4
(guest) - 12 years ago
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$20.00 x 8.875% does not equal $21.78
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Comment#5
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