- Joined
- Jan 27, 2013
- Messages
- 28,824
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- Location
- Toronto, Ontario, Canada
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- Political Leaning
- Conservative
About time.
Your damn Canuck pennies make it all the way down here and get mixed up for US pennies all that time. :2razz:
We have trouble getting rid of all those American coins up here now that the Canadian dollar is on a par or higher valued. In addition, the damn things are slightly thicker than Canadian coins so they screw things up when you try to roll coins.
But we still love you guys up here!
About time.
Your damn Canuck pennies make it all the way down here and get mixed up for US pennies all that time. :2razz:
Ewwwww! Do they give you cooties? :2razz:
I don't know what American mint costs are but the Canadian penny cost .016 to make a .01 face value coin.
Barely a fraction of a cent difference last time I checked. Our dollars are almost exactly equal.
Well, if you're going to taint our money supply, at least have the nerve to do so with $C.
I want some of those nifty bills.
I can't help but be a little centimental about this. :2razz:
I'd like others to add their 2 cents and give your thoughts on this. Also,do you think the US going to be doing the same in the near future?
Obituary: Canadian penny, 1858-2013 - Canada - CBC News
I can't help but be a little centimental about this. :2razz:
I'd like others to add their 2 cents and give your thoughts on this. Also,do you think the US going to be doing the same in the near future?
Obituary: Canadian penny, 1858-2013 - Canada - CBC News
It really doesn't make sense to have any coins under $1. Consider the fact that for years the IRS requires you to round up or down to a whole dollar amount when you figure taxes.
Oh it matters. I'm an accountant (I don't work as one now but I'm qualified).
You just cant round money..... You ever see Office Space? What happened when they tried to round? Now imagine that on a wide scale? If the US did that we would have epic inflation.
I like the idea but it would take creative reform for it to work and be solvent.
Round 1,543.51 a thousand times, then do the same for 1,543.36, one would either lose a penny or make 4 on every transaction. Now what is 4 cents x 1000? 4 bucks?
Then people bitch about ATM fees.
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