I'm considering whether the U.S. should discontinue the penny. It seems like a small and often overlooked coin, but I'm curious about the potential impacts of such a decision. Would it affect the economy? What about pricing? I'd like to understand the pros and cons.
6 answers
Martina
Wed Nov 27 2024
Their stance is rooted in concerns about the potential effects on consumers.
GwanghwamunGuardianAngelWingsBlessing
Wed Nov 27 2024
Attempts to phase out the penny have encountered significant opposition.
GyeongjuGlory
Wed Nov 27 2024
Specifically, they worry about the repercussions for individuals who rely heavily on cash transactions.
EthereumEliteGuard
Wed Nov 27 2024
A major stakeholder opposing this move is the zinc industry.
charlotte_bailey_doctor
Wed Nov 27 2024
This industry supplies the metal essential for minting pennies.