[ExI] Not worth a cent
jonkc at bellsouth.net
Mon Jul 12 16:23:05 UTC 2010
On Jul 12, 2010, at 11:26 AM, Damien Broderick wrote:
> United Statesians informally retain "penny" for "cent."
And you know there must be something fundamentally wrong with a government that can't make money even when they quite literally own the mint. As of 2006 it cost the government 1.75 cents to make each one cent coin and 7 cents to make each 5 cent nickel coin.
There is a good way to know when it's time to stop making a coin, if you place one on the sidewalk in a busy city and nobody bothers to pick it up then stop making it.
John K Clark
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