- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: What are your views of pennies?
Posted on 1/30/15 at 9:31 am to WDE24
Posted on 1/30/15 at 9:31 am to WDE24
quote:
quote:They should round up/down to the nearest .05. If the total is .7 round up and if it is .3 round down I'm confused here.
You should be. Well, you shouldn't be confused, you should realize that the person who said that either made a mistake, or isn't very bright.
0
Posted on 1/30/15 at 9:32 am to I APOLLO I
My general view on currency is that Bitcon (or Dogecoin or some other sort of borderless currency that can be divisible to many decimal places and uses push transactions) is the most efficient outcome for the world economy and eventually that's where everything will be headed. There are a lot of obstacles to be overcome for that to happen... and it might take a while, but I expect that eventually we will get there.
This post was edited on 1/30/15 at 9:36 am
Posted on 1/30/15 at 9:34 am to iAmBatman
quote:
Who still uses cash?
Ever live in area after a major disaster....?
Always cracked me up, the people that say we should live in a "cashless" society..
After Katrina, places only took cash because most debit and credit card systems were down... I always have cash stored around...
This post was edited on 1/30/15 at 9:35 am
Posted on 1/30/15 at 9:34 am to I APOLLO I
we should mint one very large coin, and just cut it to make smaller denominations if needed.
Just like they used to do in jolly 'ole England!
Just like they used to do in jolly 'ole England!
Posted on 1/30/15 at 9:35 am to I APOLLO I
I'd ban them, and just have any company round up if it is 2.5 cents or above and round down if it is 2.49 cents or below. If you're using a credit card, then you can get specific with pennies. It would save us a shitload in the long term.
And while I'm at it, I'm changing the dollar bills as well. The fact that all our currency roughly looks the same is mind numbingly stupid. 1 dollar bills should be physically the smallest, then 5s would be smaller than 10s, and so on until we get I the Hundred dollar bill. Do you know how many people have given over the wrong bill in a transaction? Do you know how much easier it would be to get the right bill in your wallet? Why don't we do like almost every other country in the world does it? Do you know how much of a frick you our money is to blind people? Simply for their sake it should be changed.
And while I'm at it, I'm changing the dollar bills as well. The fact that all our currency roughly looks the same is mind numbingly stupid. 1 dollar bills should be physically the smallest, then 5s would be smaller than 10s, and so on until we get I the Hundred dollar bill. Do you know how many people have given over the wrong bill in a transaction? Do you know how much easier it would be to get the right bill in your wallet? Why don't we do like almost every other country in the world does it? Do you know how much of a frick you our money is to blind people? Simply for their sake it should be changed.
This post was edited on 1/30/15 at 9:39 am
Posted on 1/30/15 at 9:36 am to lsu480
quote:
You never use cash? I think everyone has to use it at least once a month for something.
I use cash/coin maybe 3-4 times a year. And usually it's for something that should easily be done via credit card/mobile device like a vending machine.
Cash needs to go the way of the paper check.
Posted on 1/30/15 at 9:36 am to TejasHorn
I kindly donate mine to the parking lot, and I have been since I was about 16.
Posted on 1/30/15 at 9:37 am to Ace Midnight
quote:
The taxing authority loves pennies because that's where they hide. Marketers love pennies because by taking 1 off ($19.99) you somehow convince the customer that is less than $20 (which statistically, it is $20 even without taxes, shipping, etc.)
I don't see why 19.95 would be that big of a deal to them.
Posted on 1/30/15 at 9:37 am to I APOLLO I
quote:
Pennies are inefficient uses of currency. They cost the government more money to make than they are worth. It cost 1.6 cents to make 1 cent
What do yall think?
Takes money to make money.Posted on 1/30/15 at 9:38 am to OMLandshark
quote:
Do you know how much of a frick you our money is to blind people?
Blind people can't use money.
Posted on 1/30/15 at 9:41 am to I APOLLO I
I typically look down on them
Posted on 1/30/15 at 9:41 am to I APOLLO I
we should get rid of all physical money
Posted on 1/30/15 at 9:42 am to ZereauxSum
quote:
Cash needs to go the way of the paper check.
See my thread above...
Posted on 1/30/15 at 9:43 am to Hangover Haven
Right...because those situations occur all the time 
Don't be obtuse
Don't be obtuse
Posted on 1/30/15 at 9:43 am to Hangover Haven
quote:
Ever live in area after a major disaster....?
Always cracked me up, the people that say we should live in a "cashless" society..
After Katrina, places only took cash because most debit and credit card systems were down... I always have cash stored around...
How often does something like this happen?
Cash is fine as a backup payment method, but there is no reason it should be used to the extent that it is this day and age.
Posted on 1/30/15 at 9:45 am to ZereauxSum
Not often, but it does....
Cash was king after Katrina... Funny how quick people forget....
Cash doesn't leave a digital trail either....
Cash was king after Katrina... Funny how quick people forget....
Cash doesn't leave a digital trail either....
This post was edited on 1/30/15 at 9:46 am
Posted on 1/30/15 at 9:46 am to WDE24
Me three.
Posted on 1/30/15 at 9:48 am to Hangover Haven
It will be 10 years this August since Katrina and that's the most recent example you can come up with
I think I'll be fine the once every 10 years I need it. Good luck with all that cash in your mattress. I'd rather have my money invested and earning a return than sleep on it but to each his own.
I think I'll be fine the once every 10 years I need it. Good luck with all that cash in your mattress. I'd rather have my money invested and earning a return than sleep on it but to each his own.
Posted on 1/30/15 at 9:48 am to I APOLLO I
I like to use pennies as a passive aggressive way to tip shitty waiters/waitresses
Posted on 1/30/15 at 9:49 am to Hangover Haven
quote:
Cash needs to go the way of the paper check
How would you handle paying for services? No tips for valet? Credit card machine for your the guys who cut your grass?
Prices would go up since now many places would have to declare their true income on taxes. Every barber I've ever had on took cash.
Page 3 of 5
Back to top
Follow TigerDroppings for LSU Football News