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#1 (permalink) |
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Registered User
Join Date: Feb 2008
Location: World's Second Coldest Capital City!
Posts: 4,418
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Should we get rid of pennies?
http://www.thestar.com/news/canada/a...g-on-the-penny
It would apply to some countries which use pennies as part of their money. I find it real unnecessary to carry pennies in your pockets. During my trip to Australia, I bought some stuffs as I gave some cashes to the cashier. I noticed that I did not get any penny so I asked my good Aussie friend what was going on. She told me that we did not use pennies and I told her that I liked it very much! |
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#3 (permalink) |
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Dream Weaver
![]() Join Date: Jul 2009
Location: Everywhere
Posts: 17,681
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Yes get rid of pennies and nickles
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Do not be overcome by evil, but overcome evil with good. - Romans 12:21 Sometimes at night, I see their faces. I feel the traces they've left on my soul |
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#5 (permalink) | |
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Patriots Rock!
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Wirelessly posted
Quote:
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![]() ![]() Ps.103:12 He washes our sins away into the ocean Brady's back Proverbs 17:9 Love prospers when a fault is forgiven, but dwelling on it separates close friends |
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#7 (permalink) |
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Registered User
Join Date: Apr 2007
Location: Jacksonville, Florida
Posts: 15,332
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I still hold tight to the saying: "a penny saved, is a penny earned."
They add up fast!...We've got a big plastic coke bottle almost full of 'em!....and I keep adding to it, so do the boys!.... Take them down to the grocery store, they have a machine that counts them and gives you the $$ back, for a small fee...Believe it's called "Coin Star" or something like that.....or, get some penny wrappers and roll them up, 50 cents at a time. You never know!....There might be a time when you're "flat broke"...and the pennies would come in handy! And I don't believe in throwing $$ away. |
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#8 (permalink) |
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Registered User
Join Date: May 2006
Location: Canada
Posts: 3,963
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agreed..you wouldn't believe the amt ppl save up from putting their spare change in a jar and rolling it all when its full and bringing it in to the bank...like some ppl bring in at least a hundred bucks..
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#10 (permalink) |
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Registered User
Join Date: Apr 2007
Location: Jacksonville, Florida
Posts: 15,332
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Yeah, I remmy a similar story....and kudos to that man!....maybe I should carry all my pennies downtown to the IRS building to pay the 2K they say I owe 'em!....Damn INFERNAL Revenue!
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#11 (permalink) | |
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Registered User
Join Date: Jul 2009
Location: Pennsylvania
Posts: 1,702
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#12 (permalink) |
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Dream Weaver
![]() Join Date: Jul 2009
Location: Everywhere
Posts: 17,681
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I save change too.....But that is not the point, It costs more than a penny to make a penny. Smae with a nickle. I read last week we lose $22 million a yaear producing pennies and nickles. That adds up too......lol
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Do not be overcome by evil, but overcome evil with good. - Romans 12:21 Sometimes at night, I see their faces. I feel the traces they've left on my soul |
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#13 (permalink) |
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Dream Weaver
![]() Join Date: Jul 2009
Location: Everywhere
Posts: 17,681
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It's actually extremely easy........You stop producing them and they weed themselves out as they are deposited
__________________
Do not be overcome by evil, but overcome evil with good. - Romans 12:21 Sometimes at night, I see their faces. I feel the traces they've left on my soul |
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#14 (permalink) |
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Registered User
Join Date: May 2006
Location: Canada
Posts: 3,963
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ya but there are MUCH more pennies then bills. It would take a VERY long time to get rid of them and not to mention ppl aren't gonna round up everything to the nearest 10 cents thats stupid so..no this isn't gonna happen anytime soon. There's also a lot of work to take stuff out of circulation they don't just say POOF its done..i work at a bank so I know there's a lot more to it than just saying it's out of circulation and thats that....unless you work at a bank or the mint and know more than I do on the subject?
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#17 (permalink) | |
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Dream Weaver
![]() Join Date: Jul 2009
Location: Everywhere
Posts: 17,681
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Quote:
__________________
Do not be overcome by evil, but overcome evil with good. - Romans 12:21 Sometimes at night, I see their faces. I feel the traces they've left on my soul |
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#20 (permalink) |
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Registered User
Join Date: Jun 2005
Location: San Francisco
Posts: 6,100
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They are useful, same as euro have coins that are valuable. Europeans love 1 euro coin, it is very useful. If we stop pennies, then there will be no 1.99 or .52 cents or something like that. I hate when I see product that sells $5 and tax comes up like $5.12. I use credit card to avoid getting PENNIES in a return. I don't mind to keep 5 cents, 10 cents, 25 cents to save for street parking meter. Street parking meter won't accept pennies, and even soda machines.
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#21 (permalink) |
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V.I.P. Member
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1c in US is worth more than the actual monetary value because of copper in it.
Australia phased out 1 and 2 cents in 1991 from what I remember. Don't miss it at all.
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"Walking with a friend in the dark is better than walking alone in the light." - Helen Keller |
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#22 (permalink) | |
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Registered User
Join Date: Jun 2005
Location: San Francisco
Posts: 6,100
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Quote:
![]() She's more valuable than you because you dont have a copper teeth.
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#23 (permalink) |
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Dream Weaver
![]() Join Date: Jul 2009
Location: Everywhere
Posts: 17,681
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Exactly......It costs 1.5 cents to make a penny......kinda nuts
__________________
Do not be overcome by evil, but overcome evil with good. - Romans 12:21 Sometimes at night, I see their faces. I feel the traces they've left on my soul |
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#24 (permalink) |
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Premium Member
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I usually donate pennies to some local stores.
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"Pragmatic language is a vital social skill that enables the school-aged child to navigate their way through demanding social situations." -- R. Owens |
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#27 (permalink) |
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Let It Snow!!!!
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Believe it or not, my trip to New York City for the All Deaf meet back in January was paid for in cash and most of it came from my jar full of pennies that I accumulated over the years. Since returning, it is halfway full.
I got $400 out of that jar when it was full. Helped to give my hubby and I extra cash for NYC and not put anything on credit cards. If they stop producing them, then I wont have any fun watching my jar get full.
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"Wine improves with age. The older I get, the better I like it." --- Anonymous |
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#28 (permalink) | |
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Dream Weaver
![]() Join Date: Jul 2009
Location: Everywhere
Posts: 17,681
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Quote:
.
__________________
Do not be overcome by evil, but overcome evil with good. - Romans 12:21 Sometimes at night, I see their faces. I feel the traces they've left on my soul |
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