2008-03-12

Pennies

Society for the Abolishment of the Penny

This all makes perfect sense.
Posted Eric at 10:50 -

4 comments:

  1. Yeah. When I first heard of this idea, I was horrified (before you go thinking I'm crazy, keep in mind I was seven). I think my main premise was that it was silly to have a monetary system in which you couldn't "really have" any arbitrary amount of money.

    Now I think it makes sense. People are already doing things in terms of fractions of pennies, electronically, so this would just be one more level of fine-grainedness that couldn't be achievable with cash. Big deal.
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  2. An article from the New Yorker that's about the same topic and really interesting:

    http://www.newyorker.com/reporting/2008/03/31/080331fa_fact_owen/
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  3. That is hilarious, I'm not in the know about it. Amusing none the less.
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  4. Perhaps they want the copper.
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