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So should we bring back the halfpenny? Cause right now they're scamming you out of all those fractional pennies you could be saving, and that really adds up. They're up charging you 0.5¢ all the time, and robbing those halfpennies right out of your pocket!!!
But if you're not for bringing back tracking transactions down to the fractional cent, what makes it different to your mind? Why is that ridiculous, but rounding to the nearest 5¢ is way out of bounds?
Typical bonehead take.
Yeah, that's what I was getting at - we should bring back the Halfpenney. Good job getting the point, Brainiac.
I wasn't saying I thought that was your actual position. I was saying that your actual position made as much sense as that.
There's no difference in kind between rounding to the nearest penny or rounding to the nearest nickel. It's the exact same thing, and the question is just "where do you draw the line"?
So should the line never change no matter what? Regardless of any real life implications the line is drawn exactly where it was meant to be by God at the beginning of time and it is devoid of context or reason?
If we had massive deflation to the point where tracking to the fractional cent made sense, I would argue that it might be worth printing halfpennies again. But we don't. And the idea that companies are going to be robbing you of pennies is no more or less reasonable than the idea that they are robbing you of fractional pennies.
Hell, there's a real chance it'll go the other way in a lot of cases, as stores will start marking things as $X.95 instead of $X.99. Someone else did the math based on what economists projected the cost to consumers would be, and it came out to 2¢ per person per year. Not exactly a staggering number.
The fact of the matter is that we have to occasionally re-figure at what granularity it's worth tracking our fractions of a dollar to. Inflation will always be inflating, and in a few hundred years when a loaf of bread is $250 the idea that we would track fractional dollars will seem as antiquated as the halfpenny does now.