I think we can use gas as a good example. That seems to be the hot button issue right now. If a store was carging 3.03/gallon, and the governemt said "Fuck Pennies" do you think that the oil companies would say "Well I guess we have to lower our prices?" No. they would go up to 3.05/gallon. Now if you bought 10 gallons at 3.03 you would spnd 30.30. If you bought ten gallons at 3.05 you would spend 30.50. That doesn't seem like much of a jump, but consider this. The price of oil fluctuates. Say it goes up six cents. Now instead of paying 3.09/gallon you have to pay 3.15/gallon (this is how the oil companies would do thier math, I know it's not right, but that's buisness). So now instead of 30.90 after the .06/gallon increase, you have to pay 31.50. Now figure you fill up twice a week for a moth. With pennies you pay 247.20 (conservative estimate, only counting four weeks per month) without pennies you pay 252 dollars. Now per year with pennies is 2966.40 and without is 3024 dollars. And that's if the price doesn't rais again in that time.evry time the price goes up they tack on a nickle instead of a penny or two. If you drive you know how bad that gets.

Yeah dude, fuck pennies

I think they should try to make the pennie out of a different and cheaper metal but still keep the pennies.

we cant! what about cilit bang!

Pennies aren't used in any transactions where I live. The final total is rounded to the nickel at the register. I imagine that on average I come out pretty close to even and I never have to carry pennies in my pocket.

How about this way: if you pay with credit card, then you get the average gas price (3.03) and your company will round it for you at the bill. if you pay in cash, it goes up, however. this is just about gas.

At 8/14/06 01:13 PM, JohnStephens wrote: I think they should try to make the pennie out of a different and cheaper metal but still keep the pennies.

Here is a decent suggestion. Third world countries sometimes make their coins out of VERY cheap metals. The metal is usually very light weight and pretty crude. We should do that too.

At 8/14/06 04:12 PM, Idyes wrote: Here is a decent suggestion. Third world countries sometimes make their coins out of VERY cheap metals. The metal is usually very light weight and pretty crude. We should do that too.

i have a better idea. how about you all send your pennies to third world countries if you hate them so much? that would benefit everyone: your moms, who dont have to fix holes in your pockets torn by heavy penny coins, yourselfs, cuz you dont tear your muscles from carrying heavy penny coins all day anymore, the postal service, cuz you buy stamps from them to send your heavy penny coins, the governmental conspiracies, cuz they always benefit some way, and those mean dictatorial leaders of the third world, wholl take the pennies and make weapons out of them.

At 8/14/06 05:13 PM, rockizzy wrote: i have a better idea. how about you all send your pennies to third world countries

AHAHAHAHAHAHAHAHAHAHAHA, you're pretty funny.

At 8/14/06 04:12 PM, Idyes wrote: Here is a decent suggestion. Third world countries sometimes make their coins out of VERY cheap metals. The metal is usually very light weight and pretty crude. We should do that too.

Wouldn't that drive down the value of a penny? then they would be worth even less than they already are. Just get rid of em'

At 8/13/06 10:17 AM, Thewolf4000 wrote: Do you think it would be wise for your government should stop making their 1 cent peices? At current copper prices the US government is paying about 4 cents to obtain the copper for pennies (I'm not sure about the prices for other countries) Plus they need to pay for services to have them carved. And I don't even the last time I used a penny! Post yes or no and why you think so below. (Please be intelligent)

wtf why would this be something that anyone should be worried about. There are more important topics in the world like the middle east and terrorism, I think it's insignifigant to worry about the penny, when their are more important issues that definitely need more attention.

I think pennies are one of the most useless objects. The only thing i use them for is to throw them at people (close range). :D

dont throw, use a sling-shot!
i think pennys are useful if for no reason other than the gas example.

i dont think getting rid of pennies is bad the us would just have to make everything round up to a 5 or 0 for pricing and actually its not bad because the us could melt down the pennies and have more money from all the pennies in the us since it costs more now and they could save cash on copper by using the copper for the pennies

but company would all round higher, casuing us to lose more money and them to gain more, especially woth things that go up all the time, like gas and cigaretts.

All the change I get less than a quarter goes into a charity box. I'm killing two birds with one stone; getting rid of annoying loose change, and at the same time doing something useful with it that can help other. That's just the way I roll :)

well i dont like keeping up with anything less than a quarter so i usually tell the person at the cash register to keep the change

At 8/16/06 01:44 AM, mynamewontfitin wrote: All the change I get less than a quarter goes into a charity box. I'm killing two birds with one stone; getting rid of annoying loose change, and at the same time doing something useful with it that can help other. That's just the way I roll :)

A noble way to solve this problem if I ever heard one. If you don't like pennies, donate them. I don't know many cash registers that don't have a box of some sort sitting next to it for AIDS, muscular dystrify, homless, ect... Problem solved in my opinion. Don't them, or stop bitching.

At 8/16/06 01:41 AM, Vrael wrote: i dont think getting rid of pennies is bad the us would just have to make everything round up to a 5 or 0 for pricing.

No need to round up the pricing, just the final total. Things will still have costs like $0.99 but when your total comes out to $6.43 the total will be rounded to $6.45.
Totals that end in 0,1 and 2 will round down to zero. Totals that end in 3,4,5,6 and 7 will round to 5 and Totals that end in 8 and 9 will round up to zero. On average the seller will probably gain very little, if any.

There is a cool little comic that was in an edition of the New York Times. I'll try to find it and post it here.

It's a good idea and apparently they've tried it in some countries by 'rounding up' to 5's or 0's. it would suck when it comes time to do taxes or other types of accounting... or knowing that gradually you are getting ripped off money. granted 3cents here and 4 cents here isn't a lot now, but it grows.
personally, i couldn't care less.... money is money.

In denmark we have 0.25 0.50 and 1. 2. 5. 10. 20. 50. 100. 200. 500. 1000.

I dont see why american's have the equalant of 0.01 dollar.

If you just had some where they ramped up by 25' each time you'd have no problem. Prices? Just ramp up to the nearest payable.

i thought americans had cents not pennies

Keep the pennies.

What else am I supposed to give homeless people, nickles?

yeah peenies don't really help. although alot of the $2.99 idems will have 2 change since no more pennies. also pennies will b like a treasure in the future so even though the could be discontinuied, they will still be remebered.

I say get rid of them. As values go down over the years (in the mid 1800's 80 cents was a lot of money) we need to discontinue what is no longer needed. We did it with the haypenny and at some point we'll do it with the penny.

At 10/5/06 05:57 PM, Snakemaster-13 wrote: I say get rid of them. As values go down over the years (in the mid 1800's 80 cents was a lot of money) we need to discontinue what is no longer needed. We did it with the haypenny and at some point we'll do it with the penny.

You cant Discontinue the 1 cent or the 1 pence, if it got so bad, the 1 p would become the 2p. You need a hundredth of a currency

Wow, take it to PMs faggots.

At 8/13/06 09:45 PM, fasdit wrote: Hey guys wanna help inflation? Rent an acetylene torch and melt all your pennies down! Seriously though do it! Or just toss them into the Atlantic ocean!

lol, leta copper plate the Titanic....anyways, pennies are pretty worthless and getting rid of them would not be that bad.

At 10/5/06 10:10 AM, tawb wrote: i thought americans had cents not pennies

ummmmm.....wtf dude?