Comments on: Pennies from Hell: How America is Being Crucified on a Cross of Zinc

By: Nadine Clement

Nadine Clement — Tue, 26 Jul 2011 18:06:14 +0000

I started a petition to abolish the penny (1 penny costs 1.7 pennies to make losing americans 48 Million dollars a year) and I need support. I am trying to get ten million people to sign. Will you sign and spread the word? :) Thank you for your time!

http://www.change.org/petitions/stop-the-production-of-costlyuseless-pennies

By: Mitch

Mitch — Thu, 17 Sep 2009 14:33:24 +0000

I have been frustrated by this issue for years.
You go in a store and the price for the object is $1.01.
They’ll wait for you to hand them another dollar and then look for another roll of pennies to break and count, all the while there is a line of customers with money to spend in their hands wating. I always ask myself (how much did they loose?)
Great artical. I’m glad to see my thoughts have not been wasted as much as the pennies are!

By: Luke

Luke — Fri, 12 Jun 2009 12:32:46 +0000

http://www.newyorker.com/reporting/2008/03/31/080331fa_fact_owen

By: Anonymous

Anonymous — Tue, 09 Jun 2009 04:55:00 +0000

In a month spent in Australia the only penny I saw was decoratively mounted in the bottom of a wooden bowl. The only prices I saw in the pennies range was in the grocery store, and the final bill was rounded down. We don’t need pennies either.
Australia also figures their national sales tax into the price of an item so there is no surprise at the checkout stand. The stated price includes tax and is rounded.

By: The Complete ThinkOOB Stimulus Economics Plan | ThinkOOB

The Complete ThinkOOB Stimulus Economics Plan | ThinkOOB — Mon, 09 Mar 2009 12:35:49 +0000

[...] best simple example of this is the penny proposal, pennies from hell/. Yes, they are only pennies and yes, they don’t amount to what Humphrey Bogart would call “a [...]

By: Pennies from Hell: How America is Being Crucified on a Cross of … | BanknTrades.Com

Sun, 08 Mar 2009 04:30:07 +0000

[...] Originally posted here: Pennies from Hell: How America is Being Crucified on a Cross of … [...]

By: billm

billm — Sat, 14 Feb 2009 00:37:39 +0000

After the penny, will you move on to the paper one dollar note? Personally, I shun them. I don\’t keep them in my wallet. I always ask cashiers for dollar coins as change. I turn them in for coins at merchants who know me. I spend them freely and ignore anyone who makes a face.

By: SingaporeJoe

SingaporeJoe — Mon, 02 Feb 2009 06:09:59 +0000

If I may add. I’m an American Expat (and double taxed, but that is another discussion) living in Singapore. Singapore got rid of pennies and rounds down today and guess what, it works! So why doesn’t the US look to one of it’s smaller trade partners and learn how to do it.

By: Us Coins

Us Coins — Sun, 01 Feb 2009 07:07:01 +0000

Happy Sunday! Very good story. Thank you for sharing.. Enjoyed “from Hell: How America is Being Crucified on a Cross of Zinc | ThinkOOB” although maybe not everyone did. More insight from the ultimate insight gang. Added a subscription to your feed.

By: v

Fri, 30 Jan 2009 15:24:12 +0000

I am a strong believer in digital change. Every person should get one from their bank, a credit card type thing where all change is stored. For example, if you buy $21.37 from a grocery store with $25, they’d give you $3 in bills and you’d tap your card on some console and 63 cents would be credited to your card. Once you build up $5 or $10 worth, you can trade it in at your bank for bills. If these cards are printed cheaply, they can be given to homeless people for charity! Also, you can print advertisements on it, which could reduce implementation cost. Or have special “use your spare change card to buy from our sale bin!” promotions. It’s probably useful for charity PERIOD. We have the technology, why not adopt?