this post was submitted on 12 Nov 2025
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[–] damnedfurry@lemmy.world 1 points 14 hours ago

It's about damned time. We honestly should have nothing smaller than quarters right now, going by the same logic as discontinuing the half-penny forever ago (which had more equivalent purchasing power than the dime does now).

[–] Sam_Bass@lemmy.world 7 points 22 hours ago (5 children)

There are enough in circulation that nobody will miss the lack of printing for decades

[–] JandroDelSol@lemmy.world 6 points 15 hours ago

I work at a bank, and people are trying to buy all of our pennies as collectors and leave none for the people who are actually going to use them. it's a clusterfuck lmao

[–] ohshit604@sh.itjust.works 5 points 19 hours ago

The penny died pretty quick in Canada, I would argue and say it’ll be gone within 3 years, tenders will just round up/down the total and no longer hand them out.

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[–] Furbag@lemmy.world 3 points 18 hours ago (1 children)

One of the only things the Trump admin is doing that I actually agree with and have since I was a child. Fuck coins in general but getting rid of the most dead weight coin of them all is a step in the right direction.

[–] Taldan@lemmy.world 12 points 17 hours ago

I agree getting rid of the penny is a good thing, but it's really bad that this is setting a precedent to give the president a lot more power

It's also a really poor implementation considering the government has given no guidance on how businesses must handle it

[–] DrWorm@lemmy.world 1 points 14 hours ago

Well I guess it's time to start making ass nickels.

[–] Devjavu@lemmy.dbzer0.com 0 points 12 hours ago

Does that mean we are now allwed to make "mint" pennies ourselves?

[–] mos@lemmy.world 112 points 1 day ago (11 children)
[–] uberdroog@lemmy.world 3 points 18 hours ago

They tried in Ohio. They couldnt stop running over kids waiting for the bus in the morning dark so it was reverted.

[–] PunnyName@lemmy.world 27 points 1 day ago

Exactly. Fuck DST.

[–] oxideseven@lemmy.ca 7 points 1 day ago (2 children)

No one can agree on which time to use so time change will never go away. It's really annoying. I don't give a shit which we use, just toss of the ducking time change. It's 1 hour, people gotta chill.

[–] simulacra_procession@lemmy.today 4 points 18 hours ago (2 children)

Sunset at 5pm sucks, it feels unnatural, let it be dark early in the morning idgaf I want the sun to be out when I get off work

[–] oxideseven@lemmy.ca 2 points 15 hours ago

I agree with you but also I don't care anymore lol. I just want the change gone. No one agrees on which though. Someone needs to just flip a coin and we all get used to it and adjust

[–] Taldan@lemmy.world 2 points 17 hours ago

Someone else mentioned children waiting for the bus get run over at a much higher rate if it's dark early in the morning, which is a pretty valid argument

That being said, I'd much rather it get dark later in the day

Fuck at this point does it even matter? The time change is bullshit on a baseline so long as it's done on the state level it shouldnt be too bad since eventually one of them will probably win out.

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[–] Evil_Shrubbery@thelemmy.club 1 points 17 hours ago

~~Penniless~~ pennyless bastards!

[–] Avenging5@sh.itjust.works 16 points 1 day ago (3 children)

Soon:

A: "Penny for your thoughts" B: "Lol, okay Gen Z"

[–] Aneb@lemmy.world 3 points 18 hours ago

I'd give my two cents but I guess they're just gonna go up in collector value possibly

[–] ameancow@lemmy.world 2 points 21 hours ago

We have enough pennies in circulation that your great-granddroids are going to be digging them out of the couch cushions of the ruins of homes for decades.

[–] coffee_nutcase207@lemmy.world 1 points 21 hours ago

What a boomerism

[–] henfredemars 88 points 1 day ago (17 children)

Note that the legal framework for phasing out the coin is entirely absent. This was an illegal act as well because only Congress determines what money exists and will be used according to the Constitution.

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[–] Limonene@lemmy.world 22 points 1 day ago (6 children)

Abolishing the USD cent comes way too late.

Was abolishing the half penny in 1857 a good idea? If so, then abolishing the quarter would be a good idea today. It has about as much buying power as the half penny did in 1857.

[–] MrMcGasion@lemmy.world 15 points 1 day ago

Yeah, but honestly getting rid of coins is an admission that inflation is high relative to 40-50 years ago. When pretty much every government wants to keep that fact out of the public consciousness. Especially the current US government who wants to both claim we don't have inflation at all, and are the ones getting rid of the penny.

I've been saying we should drop the penny for almost 2 decades, but I still kind of look at getting rid of the penny as a sign of our current government's abysmal handling of inflation.

[–] MimicJar@lemmy.world 7 points 1 day ago (5 children)

So I don't know the term for it, maybe it's just propaganda, but a quarter feels like it has value.

The penny however doesn't have that feeling. Vending machines often say "No Pennies" and toll booths say "No Pennies", even though the Penny exists everyone sorta already agreed the Penny wasn't worth the hassle.

I think you could probably convince people the same is true for the nickel. Although eliminating just the nickel is tricky since you'd keep the dime and quarter and that divides weirdly. So you should also remove the dime but that now really starts to feel like it had value.

But the quarter. That would be a hard sell. You're basically eliminating all coins at that point. Unless you plan on making the half dollar wayyy more popular.

[–] JackbyDev@programming.dev 9 points 1 day ago (1 children)

When we got rid of the half penny it was worth more than what dimes are worth now. Quarters are the only useful coin. We should be rounding all transactions to the nearest quarter.

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[–] captainlezbian@lemmy.world 18 points 1 day ago (3 children)

Good, while we're at it we should redecimalize. A coin that can't pay for a significant portion of something is worthless. People used to buy snacks with coins, and like, thats where they thrive. Coins are more expensive than bills but they can change hands a lot more times. A dime for a soda or a cheap snack, maybe a nickel if it's a good deal on a bag of chips is about right.

Like, this isn't even a monetary policy failure, it's just something that should happen every century or two in an inflationary economy with a 5% target.

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[–] RunJun@lemmy.dbzer0.com 22 points 1 day ago

Fuck pennies. Even back in the 90s, it was annoying to receive.

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