<html><head><style type="text/css"><!-- DIV {margin:0px;} --></style></head><body><div style="font-family:verdana, helvetica, sans-serif;font-size:12pt"><DIV>Alternatively, it could be viewed as it's time to get the government out of the minting business if not completely out of the money business.</DIV>
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<DIV>Regards,</DIV>
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<DIV>Dan</DIV>
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<B><SPAN style="FONT-WEIGHT: bold">From:</SPAN></B> John Clark <jonkc@bellsouth.net><BR><B><SPAN style="FONT-WEIGHT: bold">To:</SPAN></B> ExI chat list <extropy-chat@lists.extropy.org><BR><B><SPAN style="FONT-WEIGHT: bold">Sent:</SPAN></B> Mon, July 12, 2010 12:23:05 PM<BR><B><SPAN style="FONT-WEIGHT: bold">Subject:</SPAN></B> [ExI] Not worth a cent<BR></FONT><BR>
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<DIV>On Jul 12, 2010, at 11:26 AM, Damien Broderick wrote:</DIV>
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<DIV><FONT class=Apple-style-span color=#000000><BR></FONT>United Statesians informally retain "penny" for "cent."<BR></DIV></BLOCKQUOTE>
<DIV><BR></DIV>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.</DIV>
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<DIV>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.</DIV>
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<DIV> John K Clark </DIV>
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