So What Happens When They Discontinue Pennies?

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Re: So What Happens When They Discontinue Pennies?

Postby pmbug » Fri Dec 06, 2024 7:26 am

...
Colorado Gov. Jared Polis (D) has a suggestion for President-elect Donald Trump’s new “Department of Government Efficiency,” a non-governmental agency that will be lead by billionaire Elon Musk and entrepreneur Vivek Ramaswamy.

He suggested this week that the U.S. should eliminate the penny from its currency and convert dollar bills into dollar coins, according to his post on social media platform X.
...


https://www.nj.com/politics/2024/12/eli ... -doge.html
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Re: So What Happens When They Discontinue Pennies?

Postby Silver4face » Fri Dec 06, 2024 5:53 pm

Eliminating the penny would encourage short-term hoarding. People like me will be on a war path to buy rolls - lot of rolls
Buy rolls NOW while you still can!
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Re: So What Happens When They Discontinue Pennies?

Postby DC_Penny_Guy » Mon Dec 16, 2024 2:59 pm

Eliminating the penny will take an act of congress. I think people don't understand just how dysfunctional our congress is these days...

No one should hold their breath on Trump, Elon, or anyone else figuring out how to get congress to pass badly needed new laws.
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