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re: What are your views of pennies?

Posted on 1/30/15 at 9:36 pm to
Posted by el Gaucho
He/They
Member since Dec 2010
52906 posts
Posted on 1/30/15 at 9:36 pm to
y'all don't even understand seigniorage so i'm not gonna bother to explain it
Posted by bhamtbone
North, Alabama
Member since Aug 2013
545 posts
Posted on 1/30/15 at 9:38 pm to
To give to the bums?
Posted by Asgard Device
The Daedalus
Member since Apr 2011
11562 posts
Posted on 1/30/15 at 9:39 pm to
I'm not trashy so I haven't had a reason to carry a penny around.
Posted by el Gaucho
He/They
Member since Dec 2010
52906 posts
Posted on 1/30/15 at 9:41 pm to
the federal bank counts those pennies that're out of circulation and draws interest on them. It's called seigniorage
Posted by meeple
Carcassonne
Member since May 2011
9335 posts
Posted on 1/30/15 at 9:42 pm to
I enjoyed not having to deal with them when we visited Canada. They just round. Seems to work well, we should get rid of them as well.
Posted by Asgard Device
The Daedalus
Member since Apr 2011
11562 posts
Posted on 1/30/15 at 9:49 pm to
There's really no reason to even have to use something as inefficient as the coin system in this modern day and age.

I can't even remember the last time I had to use change. Using a vending machine is a sign of poor decision making, although I did have to use one while at the hospital. It accepted credit cards though.
Posted by WaltTeevens
Santa Barbara, CA
Member since Dec 2013
10950 posts
Posted on 1/30/15 at 9:58 pm to
My molly dealer now accepts all major credit cards so I don't need cash anymore
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