• @spongebue
    link
    191 day ago

    I’m not sure the cost to make vs value is really the best measurement, within reason. At the end of the day society gets a tool to measure a unit of wealth to easily transfer, and there is value in having that.

    That said! Yeah. The US had a half-penny until 1857. I can look at an inflation calculator that only goes back to 1913, and half a penny then was worth 16¢ today. We don’t need the penny anymore.

    • @Serinus
      link
      111 day ago

      We don’t need the nickel or dime either.

      • @[email protected]
        link
        fedilink
        English
        101 day ago

        megacorps can’t nickel and dime us if we have no nickels… or dimes… economy fixed!

        can’t give someone your two cents worth if you haven’t got two pennies to give. free speech should obviously cost more than that, anyhow. apparently that price is somewhere between $15 million and $20 billion.

        • Kitty Jynx
          link
          21 day ago

          We know that freedom cost a buck o’ five so the nickle may be next on the chopping block.

    • @halfsak
      link
      013 hours ago

      Yeah it’s weird that people just accept what he says that the value is solely in the face value of the currency. If we stick with that method, it’s only a matter of time before trump realizes how much profit he makes by printing a $100 bill.