What do you think of the penny? I think it is the most pointless, useless and annoying thing ever! Basically, a penny costs 1.8 cents to make... so it is a loosing battle from the start. Also there are about 100 billion pennies made every year. That means the government wastes 55,555,555$ every year on pennies.
How they would take pennies out of circulation: 1. They would stop the penny making machine. 2. If you paid with something in a credit/debit card the exact amount would still be taken out 3. If you paid in cash and you got change, it would be rounded to the nearest 5 cents. 4. Many people think it would raise the price of things, but Canada did it and they have had no changes due to the loss of their one cent coin.
