GAY Goodbye Penny

Petunia

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Nov 16, 2010
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The phasing-out of the penny will lurch ahead today with the Royal Canadian Mint officially ending its distribution of one-cent coins to Canada's financial institutions.
The move comes nearly a year after Finance Minister Jim Flaherty announced the demise of the penny, whose production cost came to exceed its monetary value.

no more pennies!!!!!! they are kind of a pain in the ass anyway.
 
It's time we move to an electronic economy anyway. give everyone one card > giving everyone all kinds of mass produced crap that costs more than electronic banking would.
 
... and everyone I know is pissed off that the penny's going away. DEH GUBIRMENT RIPPIN US OOF!

Shit, I wonder how people ever coped back in the early 70's when the penny was worth more than the nickel is now.
 
the concept of the penny in today's US economy is outdated. Even nickels seem kind of worthless, but I think the hit on inflation if you eliminate them right now would be horrible.
 
i wonder what the percentage of people that still use cash is. I imagine its fairly high.

I use cash maybe 3 times a month, everything else goes on the card (debit, or cc that gets paid off every month)
 
i wonder what the percentage of people that still use cash is. I imagine its fairly high.

I use cash maybe 3 times a month, everything else goes on the card (debit, or cc that gets paid off every month)

I find it useful to carry cash sometimes. Depends on if I am doing stuff in a junk yard or some such place