Why We Should Get Rid of the Penny

If you know me, you know that one of the things that angers me most in the world is the penny. Ever since John Green introduced me to how ludicrous they are in 2011, I have hated them and everything they have come to stand for. Stupid, right? Well, maybe — but did you know that the US loses about 55 million dollars per year due to pennies? In fact, the penny costs about 1.7 cents to make — meaning to make one cent, you have to spend over one-and-a-half cents.

Ridiculous, right? Now, you may be asking yourself, Why are pennies still a thing, if we’re losing so much money? Great question, dear reader. For the answer…

Read full article here.



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