New Zealand abolished both pennies and nickels in their currency some time ago (their currency is like the British pound so they are worth even more that our pennies and nickels). They just programmed all cash registers to round to the nearest dime.
We should do the same but it will never happen because it is not a priority for Congress (the Tea Party would probably oppose it).
9:23 AM, September 20, 2010
I agree wholeheartedly:
posted by Zachary Drake at 7:32 PM on Sep 18, 2010
"Pennies suck! (and nickels, too)"
1 Comment -
New Zealand abolished both pennies and nickels in their currency some time ago (their currency is like the British pound so they are worth even more that our pennies and nickels). They just programmed all cash registers to round to the nearest dime.
We should do the same but it will never happen because it is not a priority for Congress (the Tea Party would probably oppose it).
9:23 AM, September 20, 2010