As seen on Freakonomics
This guy hates pennies. And nickels. He claims it costs the U.S. Mint 1.7 cents to produce a penny and 9 cents to produce a nickel, which I have to say, really burns my loins as well. If there’s one thing I hate, it’s turning a cold shoulder to rationality for fear that American citizens are too stupid to digest the logical truth and there will be riots in the streets. It’s sad.
In plenty of other countries the .01 piece has already been done away with, and in reality plenty of your neighborhood vendors will already round out pennies anyway. When was the last time you bought something for $0.99 and didn’t get change? And when was the last time you gave a crap?