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DOGE takes aim at the penny

Discussion in 'Too Hot for Swamp Gas' started by OklahomaGator, Jan 23, 2025.

  1. citygator

    citygator VIP Member

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    Still. I havent used a penny in years. I use cash only for paying my housekeepers and lawn team. What else do people use cash for these days?
     
  2. homer

    homer GC Hall of Fame

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    Tips.
     
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  3. gatorpa

    gatorpa GC Hall of Fame

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    Was recently in the Bahamas. They don’t use pennys either. Cost more to make them than they are worth.
    Axe the penny.
    Round up or down, it will be a wash.
     
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  4. gatorpa

    gatorpa GC Hall of Fame

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    On occasion I have cash, many small business prefer it as bank fees can eat up their margins.
     
  5. demosthenes

    demosthenes Premium Member

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    Get rid of the penny and nickel. Completely unnecessary. Just round the purchase up or down.
     
  6. citygator

    citygator VIP Member

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    Tough. If they want my money they’ll take a card. No issues if they don’t want to.
     
  7. Emmitto

    Emmitto VIP Member

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    The world’s richest man telling us (for the fourth decade now) to get rid of pennies. Inefficient.

    What about $50 bills? Also inefficient for President Musk. Useless.
     
  8. OklahomaGator

    OklahomaGator Jedi Administrator Moderator VIP Member

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    I would also look at getting rid of the $10 bill. Local casinos here do not use them and they get along just fine.
     
  9. Emmitto

    Emmitto VIP Member

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    Ha. OK. I don’t live in a casino so perhaps I’m missing out.

    FTR, casinos also give you “free” booze. I have indeed lived that one.

    In my own life I wouldn’t miss any denomination. I have a wad of bills in my phone in case I need to survive an extra 12 hours of apocalypse. Don’t even know the total. Prolly $250 or so. Or, $30. Maybe it’s all my stripper dough.

    Otherwise I am 99% digital.

    Still “rich” that President Musk spent $250M to enact a 40 year-old idea of eliminating the currency that poor people actually use.
     
  10. citygator

    citygator VIP Member

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    Not to attack your doomsday plan… but cash in the apocalypse will only start fires. You need to shove some gold bars in your phone case, or a frying pan to bash zombies in the head.
     
  11. Emmitto

    Emmitto VIP Member

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    Well, by apocalypse I mean the router is down at the restaurant.
     
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  12. homer

    homer GC Hall of Fame

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    Start your own apocalypse and give the cashier a twenty, quarter, and two Pennie’s for a $7.27 bill.
     
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  13. gatorpa

    gatorpa GC Hall of Fame

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    I get that, but you’re just feeding those evil big banks and cutting profits on small businesses.
     
  14. 1990Gator

    1990Gator VIP Member

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    Canada stop producing pennies in 2013 as the cost of producing the penny was higher than the face value. They round up to the nearest nickel
     
  15. cocodrilo

    cocodrilo GC Hall of Fame

    Apr 8, 2007
    So I have to tell her, "Sorry, Penny, I have to start calling you Nickel. Or even Dime." If she objects, no big deal, girls like her come a dime a dozen.
     
    Last edited: Jan 27, 2025 at 9:43 AM
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  16. citygator

    citygator VIP Member

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    Don’t care. It’s convenient.
     
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  17. demosthenes

    demosthenes Premium Member

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    It is priced into the goods or services if management has any kind of business acumen.
     
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  18. tilly

    tilly Superhero Mod. Fast witted. Bulletproof posts. Moderator VIP Member

    Part of my job is overseeing a pretty busy retail operation. $10 bills are by far the least used, but maybe more common than one might think.

    5 and 20 are the most used.
     
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  19. tilly

    tilly Superhero Mod. Fast witted. Bulletproof posts. Moderator VIP Member

    There are probably enough dropped down my car seats and couch cushions to get by for years.
     
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  20. cocodrilo

    cocodrilo GC Hall of Fame

    Apr 8, 2007
    These people are going to nickel and dime us to death.
     
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