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Timewas

(2,728 posts)

24. Really?

Reply to Historic NY (Reply #4)

Thu Mar 12, 2026, 07:18 PM

Thursday

T he cost of a nickle has nothing to do with pricing to round thigs up or down when they eliminate the penny...It pretty much has always cost more to mint money than it is worth....

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State lawmakers rush to set rounding rules for when there are no pennies [View all] BumRushDaShow Thursday OP

When I do pay cash I tell the clerk to keep the pennies. twodogsbarking Thursday #1

Pricing Timewas Thursday #2

A nickle costs 13.8 cents each Historic NY Thursday #4

That's true! I looked it up. 70sEraVet Thursday #13

Depends on how you define cost as the money spent is money that also flows into the economy. cstanleytech Thursday #18

But they last decades and get spent countless times. The cost is also offset by how cheap it is to print a 20 buck bill Blues Heron Yesterday #28

Really? Timewas Thursday #24

Fractionalize currency has been around since somebody decided sea shells were a problem Historic NY Yesterday #25

I wondered about that also - how do you make the taxes always end in a nickel? rurallib Thursday #6

You would have to revalue the currency with nubucks or some such Blues Heron Yesterday #30

Because of our regressive sales taxes IbogaProject Thursday #11

My 2 cents Historic NY Thursday #3

It seems like they were always rounding up and keeping the extra. mackdaddy Thursday #5

Can we round it up to a nickel and give that extra to the billionaire class? rurallib Thursday #7

It honestly would not surprise me if they try doing something like that. cstanleytech Thursday #19

My local McDonald's has adopted nearest nickel for cash transactions. hay rick Thursday #8

I find it more than pathetic that we need a law to clarify rounding up or down in the marketplace zeusdogmom Thursday #9

30 Years ago I could buy small resses PB cups for 3 cents. Today if I droped 3 cents no one would pick it up. Jacson6 Thursday #10

Yes, but 30 years ago a gum ball cost 2 cents . . . Journeyman Thursday #12

WOT????!!! Jacson6 Thursday #16

And then a dime. And then a dollar... Torchlight Thursday #22

Our monetary system should be based on something of a tangible value 70sEraVet Thursday #14

Did you look closely at the cents that would be rounded up or down? slightlv Thursday #15

Canada Maninacan Thursday #17

A cent coin is not a commodity, it's a token, like a certificate. It's worth what it is by fiat, not by cost. eppur_se_muova Thursday #20

Next up...that $19.95 thingamabob will be rounded up to 3825-87867 Thursday #21

Stores are rounding down, not up Deminpenn Thursday #23

At our store yesterday (NJ), a customer was on the verge of a meltdown no_hypocrisy Yesterday #26

I've done that before. It's fun in Walmart bucolic_frolic Yesterday #29

All this nonsense could be avoided if they would only bucolic_frolic Yesterday #27