No more pennies minted!

[jrf30]

President Trump just announced today that he has directed the mint to STOP making pennies. They cost too much to make.

Hopefully this will lead to allowing older pennies to be melted. But it looks like either way the penny is DONE.

 

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[JohnWhite]

Is he going to do away with the $4.29 9/10 on gas as well🤔😱🤣✌️⛄️

 

[jrf30]

President Trump just announced today that he has directed the mint to STOP making pennies. They cost too much to make.

Hopefully this will lead

Is he going to do away with the $4.29 9/10 on gas as well🤔😱🤣✌️⛄️

Yes. he is going to change it to $3.34 9/10. Drill baby drill. lolololol

 

[blauer]

President Trump just announced today that he has directed the mint to STOP making pennies. They cost too much to make.

Hopefully this will lead to allowing older pennies to be melted. But it looks like either way the penny is DONE.

View attachment 2192745

I guess this is easier than doing away with a fiat currency system that makes wage-slaves of us all (expect the masters). If we had a metal backed currency we could make a penny out of the cheapest plastic, and it would still be worth a cent. Today, tomorrow and even years from now.

Wake up you sleeping slaves and throw the masters in the ditch.

 

[galenrog]

Doing away with the cent may be a bit more difficult than simply issuing an executive order. Several times in the past, the US Mint has floated the idea, only to have Congress torpedo the plan.

Even if Trump does not have the authority, due to a previous act of Congress, perhaps simply floating the idea will prod the 535 professional lame brains to do something sensible in this regard.

Time for more coffee.

 

[JohnWhite]

With gold’s new high the BRICS nations currency is worth more than our pretty pennies…🤔😱😆😂🤣✌️⛄️

 

[JohnWhite]

Yes. he is going to change it to $3.34 9/10. Drill baby drill. lolololol

I just found out today that our nickels cost 11 cents to make maybe he should eliminate the nickel instead of the penny…🤔😱😆😂🤣✌️⛄️

 

[xr7ator]

I guess this is easier than doing away with a fiat currency system that makes wage-slaves of us all (expect the masters). If we had a metal backed currency we could make a penny out of the cheapest plastic, and it would still be worth a cent. Today, tomorrow and even years from now.

Wake up you sleeping slaves and throw the masters in the ditch.

If we can make $100 bills from ink and paper we can make one cent coins out of plastic.

 

[robertk]

If we can make $100 bills from ink and paper we can make one cent coins out of plastic.

Agreed. I’m actually NOT in favor of that, except for one reason — it would show people that our “money” is inherently worthless and has no value other than as a “standard” on which to trade. (Whether that in itself is a good thing is a whole ‘nother subject.)