Sunday, April 13, 2025

Death to Nickels

https://www.youtube.com/watch?v=58SrtQNt4YE

We could stop making nickels and one-cent coins while keeping them in circulation. As more transactions become electronic, the need for cash should go down.

We should also encourage sales tax to adjust to a ten-cent currency.  Change for a quarter might be tricky, but there would still be nickels, and people would adjust if there was a shortage of nickels.

The smart thing would be to start with eliminating the 1-cent coin as a trial run.

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