return2ozma@lemmy.world to News@lemmy.world · 3 days agoStop making cents: US Mint moves forward with plans to kill the pennyapnews.comexternal-linkmessage-square144linkfedilinkarrow-up1386arrow-down17cross-posted to: usnews@beehaw.org
arrow-up1379arrow-down1external-linkStop making cents: US Mint moves forward with plans to kill the pennyapnews.comreturn2ozma@lemmy.world to News@lemmy.world · 3 days agomessage-square144linkfedilinkcross-posted to: usnews@beehaw.org
minus-squarePyr@lemmy.calinkfedilinkarrow-up17arrow-down2·3 days agoIt’s the same issue with the penny, you round up or round down. If you have no penny, when taxes on your item make the total equal to $5.03, you pay $5.05. if the total is $5.02 you pay $5.00.
minus-square_core@sh.itjust.workslinkfedilinkarrow-up1·12 minutes agoBusinesses will round up in both cases
minus-squareHowAbt2morrow@futurology.todaylinkfedilinkEnglisharrow-up13·3 days agoTurn the dime into 12.5 cents.
minus-squarerc__buggy@sh.itjust.workslinkfedilinkarrow-up13·edit-22 days agoBring back the bit! The more I think about it, the more I like it: Eliminate the Penny, Nickel, and Dime Bring back Old West nomenclature IT’S AMERICAN AS FUCK! Will drive the metric nerds absolutely batshit. “Of course we have an eighth* of a dollar, why would we use decimal?!” * I think just the spelling of eighth will spin eurotrash into a tizzy
minus-squareArcher@lemmy.worldlinkfedilinkarrow-up1·2 days agoThe problem with this proposal is that it could start circulating on Xitter and then become actual policy
minus-squareRestrictedAccount@lemmy.worldlinkfedilinkarrow-up3·2 days ago🎶Shave and haircut, two bits🎵
minus-squarerc__buggy@sh.itjust.workslinkfedilinkarrow-up2·2 days agohttps://www.youtube.com/watch?v=z8leYVnk6Gw
minus-squareIamSparticles@lemmy.ziplinkfedilinkEnglisharrow-up1·2 days agoSure, but the rounding errors become a lot bigger if you get rid of the nickel.
minus-squarePyr@lemmy.calinkfedilinkarrow-up1·edit-211 hours agoAs long as there’s no collusion it should generally even out with random purchases. Unless you constantly buy the same order every day that ends in 3 cents and rounds up you might pay like $5 more every year.
It’s the same issue with the penny, you round up or round down.
If you have no penny, when taxes on your item make the total equal to $5.03, you pay $5.05. if the total is $5.02 you pay $5.00.
Businesses will round up in both cases
Turn the dime into 12.5 cents.
Bring back the bit!
The more I think about it, the more I like it:
* I think just the spelling of eighth will spin eurotrash into a tizzy
The problem with this proposal is that it could start circulating on Xitter and then become actual policy
🎶Shave and haircut, two bits🎵
https://www.youtube.com/watch?v=z8leYVnk6Gw
Sure, but the rounding errors become a lot bigger if you get rid of the nickel.
As long as there’s no collusion it should generally even out with random purchases. Unless you constantly buy the same order every day that ends in 3 cents and rounds up you might pay like $5 more every year.