In 1857, Congress eliminated the half penny because it was worthless.
At the time the buying power of the half penny was more than a penny, a nickel, a dime, and two more pennies. 18 cents was the value when Congress said it was not worth making the coin anymore.
We could eliminate three of our coins without affecting the economy, but doing so would draw attention to inflation.
The dollar is metric, so we already have such a system. People often use kilodollars already, e.g. writing $2k instead of $2,000, but we could start using decadollars ($10) hectodollars ($100), too.
Ngl I can’t even think of anything that only costs a dollar nowadays
In 1857, Congress eliminated the half penny because it was worthless.
At the time the buying power of the half penny was more than a penny, a nickel, a dime, and two more pennies. 18 cents was the value when Congress said it was not worth making the coin anymore.
We could eliminate three of our coins without affecting the economy, but doing so would draw attention to inflation.
Okay but now we have a zinc lobby so ¯\_(ツ)_/¯
Yeah but a dime works great as a carb cap for my q7 I dropped
Well, it could be around a dollar.
Yeah it’s time to do away with ¢ and have something above $s
The dollar is metric, so we already have such a system. People often use kilodollars already, e.g. writing $2k instead of $2,000, but we could start using decadollars ($10) hectodollars ($100), too.
Good point.
I suppose I can finally call myself a decanaire!