blog




  • Essay / Why we should use pennies - 549

    I have noticed how we use our money and noticed that pennies are not taken seriously. I realized while waiting in line to check out that people preferred to use dollar bills rather than the piggy bank of coins they had, not only because of their limited usefulness, e.g. are generally not accepted in vending machines and bulk vending machines, but also because the act of producing the penny costs more than the penny itself. So I ask myself: “Why use coins?” Should they be eliminated? The growing debate over whether or not the penny should be eliminated from all cash transactions is, personally, futile, when they themselves don't bother to use it. It seems that the penny is kept today for more sentimental use. reason, for example, the face of Abraham Lincoln on the penny coin to remind us of our history and where we are. Certainly the penny has been good over the years, but the nation must now realize that its value has become useless and help the U.S. Mint eliminate it because it is obviously a waste of time and money, literally . On...