TIME TO CHANGE CHANGE?

I hate pennies.  I am sick of having to horde these disease-carrying, ugly brown metal slugs.  I understand they are necessary in a decimal-based economy, but today they are virtually irrelevant.


So why does the government pay TWO CENTS to make every ONE CENT coin? Some say eliminate it and round prices to 5's.  Still have these freaking pennies to deal with, sitting quietly in several water jugs in my house and slowly breaking through the floor due to the weight.



Why not this?  A NEW DOLLAR, like the forever stamp.  The AMERICA DOLLAR would be a $1 bill but worth $5 in today's currency.  Thus, the penny becomes the new nickel.  Change becomes relevant again and people may even break open those unfulfilled lonely piggy banks to go have lunch.



After the initial shock of your paycheck netting $1000 to netting $200, I strongly believe people will accept it as almost a throw back to early days. PENNY CANDY?  Quite possibly so!



To implement, retailers should start a year in advance posting the new price next to the old prices.  People will have anticipation for the ridiculously low-looking price.



Most importantly, by utilize unused change we are saving the need for massive coin production.  At the very least we can then say the penny costs only 2/5 of a cent to make.

Or at least that's my 10 cents' worth.

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