Re: coinage (was Re: Demographics in fantasy kingdoms

On Jun 3, 4:20 pm, mzen...@xxxxxxxxxx (Mark Zenier) wrote:
In article <a7dc125e-258b-4454-a3c2-9820f8979...@xxxxxxxxxxxxxxxxxxxxxxxxxxxx>,





DougL  <lampert.d...@xxxxxxxxx> wrote:
On Jun 2, 9:54 am, fairwa...@xxxxxxxxx (Derek Lyons) wrote:
DougL <lampert.d...@xxxxxxxxx> wrote:
You can't eliminate the nickel without also killing either the dime or
quarter. Since the dime is now worth noticably LESS than the half-
penny was when we eliminated it killing all three should be a no-
brainer. (Seriously, gumball machines are a quarter these days, what
do we need a coin smaller than that for?)

With the chain of logic displayed thus far, starting with arguements
to eliminate the penny and now the nickle and dime, this thread will
be advocating eliminating everything smaller than a hundred dollar
bill by sometime Thursday.

Slippery slope arguments are for morons. You are never required to
take that next step.

They're especially moronic given that I've been saying the above for
years and haven't slipped even a single step further. Nor will I until
they stop selling gumballs for a quarter.

You need a unit smaller than the smallest purchase.

How often do you purchase bubble-gum from a machine. And in any case
there are plenty of $0.50 gum machines. $0.25 IS smaller than the
smallest purchase for the vast majority of people.

I can walk outside my office and look at a vending machine. There
isn't a SINGLE THING that costs as little as $0.25. You have to go out
of your way to find a purchase that has a price that low.

 Your "solution"
requires either 1) every item is priced as an integral multiple of $.25,

The vast majority of things seem to be priced $N.99 or $N.95. Almost
as if for most things EVERYTHING less than a dollar was in the noise
and they're backing off just enough to try to FOOL you into thinking
it's one dollar less than it is.

Look at the menu next time you're in a resturant and tell me that's
not the case. There are a few entries at $N.49 instead, and drinks may
be at odd amounts, but most things are $N.99, because there is
negligable price resistance except at breaks of a dollar because
EVERYTHING less than a dollar is filtered by most people as
insignificant no matter what they may claim.

or that 2) the merchant can (and will) round up to the next higher multiple
of $.25 .

As opposed to rounding up to $N-0.01. Sounds like it might well save
me money IF they rounded up to the next $0.25 instead. But they
wouldn't, instead they'd round up to $N-0.25.

I won't bend over to pick up a penny, but it's worth it for a dime.

It takes about 2 seconds or less to pick up a coin. You SERIOUSLY want
to base what size coin you'll clutter your life with on the basis of
the worth of 2 seconds or less of your time? Consider the amount of
time you spend messing with small change and the actual added roundoff
costs.

You'd be better off with nothing smaller than a quarter in
circulation.

DougL
.

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