Re: The Penny -- National Public Radio (Market Place Story)

How do you manage to pay 3 one hundredths of a cent for the gum? Billy


"Arizona Coin Collector" <nospam@xxxxxxxxxx> wrote in message
news:13rkekd8hhu0mbf@xxxxxxxxxxxxxxxxxxxxx
Hello

I was listening to National Public Radio (Market Place),
when a story came up on the Penny. The story can be found
on the link shown below.

http://marketplace.publicradio.org/display/web/2008/02/18/penny/

I totally disagree with Dan Drezner remarks in getting
rid of the Penny. If a piece of gum cost me 0.03 cents,
I would have to pay 0.05 cents for it. It I buy something
that cost 0.06 cents, I would have to pay 0.10 Cents.

Please check out the link below on why the Penny should
stay. I see no reason not to have the Penny made out
of Aluminum like they did in 1974, for general public
transactions. Copper is over Three Dollars a pound while
Aluminum is over a dollar a pound.

Americans for Common Cents
http://www.pennies.org/

Our Mission
Americans for Common Cents aims to inform and educate
policymakers, consumers, and the media about the penny's
economic, cultural, and historical significance.
Through coalition building, media outreach, and
community partnerships, ACC attempts to ensure that
accurate information about the penny is widely
disseminated, and that the impact of any changes to
the penny's role in our nation's monetary supply is
adequately understood.

U.S. TREASURY FACT *** ON THE PENNY
http://www.ustreas.gov/education/fact-sheets/currency/lincoln-cent.shtml

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