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Paper and linen are renewable materials that are made from easy low-impact resources to be extracted and processed, they can be remade and reissued many times for a fraction of the impact of a metal coin, not to mention the cost to transport any amount over pocket change.
And they're more convenient for the wallet
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>Next time you’re at the supermarket check if the bacon brands you remember are still a pound. I bet many of them are now 12 ounces. Coffee as well.
It’s been a long time since a “half gallon” of ice cream became 3 pints in size.
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> why is gas always ab extra 9/10 of a penny Same reason things are $.99, $19.95, $299.99 instead of $1.00, $20.00, $300.00. In the US, there's many places that have 2 or 3 gas stations in near vicinity and price competition is fierce. So the $0.01 matters, people will drive to the gas station down the block to save that penny per gallon.
Gas prices are quoted to fractions of a penny and then rounded to the nearest cent when a card is swiped. For people paying with cash, rounding to the nearest ten cents isn't that much of a leap.
They have been selling for a dollar for 35 years. I'm really curious how their inventory has changed over this period. One 2020 dollar is 40 cents in 1985 dollars, but the cost of consumer goods has decreased significantly since 1985. So I wouldn't be surprised that their package sizes have not changed much. Related trivia: Between 1886-1959, the price of a bottle of Coke was a nickel [1]. [1] https://www.npr.org/sec…
Likely through shrinkflation: https://en.wikipedia.org/wiki/Shrinkflation Next time you’re at the supermarket check if the bacon brands you remember are still a pound. I bet many of them are now 12 ounces.
[EDIT] Oh, and in the case of Everything's a Dollar (used to be better than Dollar Tree, dunno if it's still around) and similar: as someone who got a lot of toys there as a kid and has been in a handful of times in the last few years for various things, I can vouch for their toy selection being much better in the '90s.
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Exactly right. Just like the US should get rid of all coins < $0.25.
But then how would the coin suppliers stay in business?
$9 million is less than a rounding error there.
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Last year hammers cost $5, this year it's $4. Go to a jobsite and ask a guy what his hammer is worth and last year he would say $5, this year he says $4. He's not making a value judgment based on anything intrinsic about the hammer, it's just worth less due to the cost of replacement falling. He literally values it less. Humans, unlike hammers can decide to train to become a screwdriver or change from Binford Tools t…
> don't support paying you a wage that keeps up with inflation Your employer doesn't care what inflation is. They care about what they have to pay on the market to get you, and they care what you produce. Going to them and talking about inflation is making an irrelevant argument. Inflation isn't part of the equation that determines how much they pay you. Tell them your market value, and tell then your productivity. B…
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> deeply unsettling Care to elaborate? What about the logo makes you feel this way?
it's those beady little °s
Along these line why is the US still minting pennies? At some point we could just start rounding to the nearest nickel (or dime). Also, why is gas always ab extra 9/10 of a penny? Reminds me of paying 3123 RON for a Big Mac in Romania -- that last digit is just noise at the consumer level.
> why is the US still minting pennies? A lobbying group funded by the producer of the blanks used to make pennies opposes penny abolition [1]. There is no similarly-motivated group promoting it. (Citizens to Retire the Penny exists, but their last news item is from 2019 [2].) When the U.S. eliminated the half cent it was worth 14 cents [3], so there is a good case of nixing the nickel alongside the penny, whenever we…
Along these line why is the US still minting pennies? At some point we could just start rounding to the nearest nickel (or dime). Also, why is gas always ab extra 9/10 of a penny? Reminds me of paying 3123 RON for a Big Mac in Romania -- that last digit is just noise at the consumer level.
Maybe the people who make the note readers can lobby to abolish coins.