MCasq_qsaCJ_234@lemmy.zip to politics @lemmy.worldEnglish · 3 days agoTrump says he has directed Treasury to stop minting new pennies, citing costapnews.comexternal-linkmessage-square134fedilinkarrow-up1189arrow-down16
arrow-up1183arrow-down1external-linkTrump says he has directed Treasury to stop minting new pennies, citing costapnews.comMCasq_qsaCJ_234@lemmy.zip to politics @lemmy.worldEnglish · 3 days agomessage-square134fedilink
minus-squareMothmanDelorian@lemmy.worldlinkfedilinkarrow-up2arrow-down5·3 days agoThat will make everything more expensive and harm the poor.
minus-squarechronicledmonocle@lemmy.worldlinkfedilinkarrow-up3·3 days agoHow, exactly? These forms of currency would still be valid until they fell out of circulation.
minus-squareMothmanDelorian@lemmy.worldlinkfedilinkarrow-up2arrow-down1·3 days agoRounding things up brings up the cost of goods and removes more money from their pockets.
minus-squarechronicledmonocle@lemmy.worldlinkfedilinkarrow-up2·2 days agoOther countries have done it with little to no effect. It’s fine.
That will make everything more expensive and harm the poor.
How, exactly? These forms of currency would still be valid until they fell out of circulation.
Rounding things up brings up the cost of goods and removes more money from their pockets.
Other countries have done it with little to no effect. It’s fine.