Earlier quoted context omitted.
Just take a zero out of everything and change the name from dollar to something else!
* dllar*
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The last-ever penny will be minted today in Philadelphia
221–230 of 981 posts
Re: The last-ever penny will be minted today in Philadelphia
#222Earlier quoted context omitted.
Sales tax varies by state/county/city. It is generally not cost-effective to have each individual store label all their products with local sales taxes applied.
I see this excuse all the time, but why not? This calculation does not need to happen more often than the product prices are adjusted. There's no difference in effort between labeling something "$5.52+tax" and labeling it "$6".
The difference is where the product is labeled. Is it labeled nationally like Arizona Iced Tea? Is it labeled at a regional bottling facility? Or is it labeled at the store itself? And what about when tax rates change, you gonna go pull all the labels off everything in the whole store and update them?
Most of this could be resolved by not putting the prices on the products themselves, but that isn't as good of an experience for the shopper.
Re: The last-ever penny will be minted today in Philadelphia
#223We eliminated pennies in Canada in 2012 and the transition was a non-issue. The vast majority of retailers would round cash transactions to the nearest $0.05, but a few would round down to the nearest $0.05 in favor of the customer. https://en.wikipedia.org/wiki/Withdrawal_of_low-denomination... Canadian cash is better than American cash in several ways: No penny, durable polymer banknotes (instead of dirty wrinkly c…
Canadian Tire Company should be the ones designing the bills, however…
Re: The last-ever penny will be minted today in Philadelphia
#224Earlier quoted context omitted.
But less decent people can’t resist the dark pattern of using $x.99 prices everywhere.
At big retailers the price tag code indicates what type of price it is. For example the last digits can mean: 0: full 9: sale 8: reduced 7: clearance (item will not restock) I forget the exact system Sears used but we could tell at a glance if a deal was really “good”. I’m curious if Sears and WalMart used different systems and if WalMart exploited knowledge of the Sears system to signal better prices to shoppers. Li…
That sounds close to the Sears system to me, but they used the tens place. 8x was used for returned big ticket items, like appliances and treadmills. It would start at 88 and the rightmost digit would decrement to indicate how many weeks it had been sitting there.
It was 00 for full, 99 for sale (the majority of items, except for the one week every year they established the full price for that product), 8x for clearance.
Re: The last-ever penny will be minted today in Philadelphia
#225So Obama wanted to wanted to ban the penny, but it was deemed illegal to do so and efforts to get rid of the law requiring it did not pass: * https://www.washingtonpost.com/nation/2025/02/10/trump-us-mi... * https://www.local3news.com/obama-wants-to-retire-the-penny-b... It's not that keeping the penny around is (necessarily) a good idea, but that there are, you know, laws, and people (including the President and cab…
to my knowledge the legislation only says that the executive branch needs to make the "necessary" amount of pennies. the argument is that because they're losing money literally printing money that the "necessary" amount is zero and that therefore doing this follows the law because zero is an amount.
I don’t understand why it costing more than face value to mint is such a bad thing
Re: The last-ever penny will be minted today in Philadelphia
#226Earlier quoted context omitted.
Does the Canadian solution of adding brail to the notes inconvenience you, or is that an acceptable way to make sure that people with disabilities can participate in cash transactions safely? Does having different sized coins strike you as an inconvenience? Why does a feature that can be used by anyone, regardless of disability, strike you as "inconvenient for almost everybody"? What, exactly, is inconvenient about h…
Different sized bills are harder to stack in a wallet. Braille is a much better way to handle the problem. No cost to the majority, while solving the problem for the minority.
> Different sized bills are harder to stack in a wallet.
This has never been my experience. What is the challenge?
Re: The last-ever penny will be minted today in Philadelphia
#227We eliminated pennies in Canada in 2012 and the transition was a non-issue. The vast majority of retailers would round cash transactions to the nearest $0.05, but a few would round down to the nearest $0.05 in favor of the customer. https://en.wikipedia.org/wiki/Withdrawal_of_low-denomination... Canadian cash is better than American cash in several ways: No penny, durable polymer banknotes (instead of dirty wrinkly c…
I honestly don't know why we don't get rid of nickels and dimes as well. What can you still buy that costs less than $0.25?
So how would you propose paying for something that cost $0.40, or would you just like to see all prices be multiples of 25c?
BTW, the reason for wanting to get rid of the penny isn't so much the low purchasing value, but more that they cost more to make (~4c) than their face value, so the government loses money making them. The same is true of nickels.
Re: The last-ever penny will be minted today in Philadelphia
#228Earlier quoted context omitted.
It's a bit odd that the mint doesn't emboss the denomination in braille on each note. I'd think that there would be a way to do that and have it hold up pretty well in circulation?
Braille does not help everyone. Most people with vision issues are not legally lind and do not know braille.
Anyone able to feel the dots could learn to distinguish bills this way without learning braille beyond that, regardless of their vision.
Anyone who didn't find the feature useful could ignore it.
Re: The last-ever penny will be minted today in Philadelphia
#229we don’t have “pennies” in the EU anymore
Re: The last-ever penny will be minted today in Philadelphia
#230Earlier quoted context omitted.
Plus US dollars just have that smell to them. I wouldn't mind though if we rotated out some of the faces on the bills, e.g. Andrew Jackson
You do know who would be the first person to rotate in, don't you.
It would obviously be someone as equally legendary as Washington or Jefferson; noted American Paul Bunyan. We can even call them Big Blue Bucks.