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Drudge Retort: The Other Side of the News
Friday, May 23, 2025

One cent coins will stop being produced in the US next year, the Treasury Department has confirmed.

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The U.S. Department of Treasury made its final order of blank pennies this month as its moves to end production of the one-cent coin.

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-- NBC News (@nbcnews.com) May 23, 2025 at 12:30 PM

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Good.

Of course, now that many people no longer use cash to pay for what they buy, what wil retailers do about those receipt totals that have pennies?

Rounding to the nearest nickel?

#1 | Posted by LampLighter at 2025-05-22 07:21 PM | Reply

They've been doing this on military bases since the 90s.

Nobody misses the stupid penny.

When I was a kid you could get a piece of Bazooka Joe bubble gum for three cents. Big piece was a nickel and it came with a comic.

Those days are gone and they're never coming back.

#2 | Posted by snoofy at 2025-05-22 07:28 PM | Reply

Yes, actually. In Canada they found that it cost consumers millions of dollars over the ten year period surveyed because companies always round up, not down.

#3 | Posted by Corky at 2025-05-22 07:28 PM | Reply

"In Canada they found that it cost consumers millions of dollars over the ten year period"

Right so that's like a dollar a year per consumer.

#4 | Posted by snoofy at 2025-05-22 07:31 PM | Reply

The stores were happy!

#5 | Posted by Corky at 2025-05-22 07:36 PM | Reply

Penny Wise and a pound foolish.

#6 | Posted by LauraMohr at 2025-05-22 08:06 PM | Reply

I guess A nickel for your thoughts going forward.

#7 | Posted by LauraMohr at 2025-05-22 09:50 PM | Reply

Right so that's like a dollar a year per consumer.

I don't think anyone really noticed they were gone.

#8 | Posted by REDIAL at 2025-05-22 09:54 PM | Reply

About time.

#9 | Posted by BellRinger at 2025-05-23 01:35 AM | Reply

@#9 ... About time. ...

Your current alias seems to be quite obsequious this night.

Why the apparent change of behavior?

#10 | Posted by LampLighter at 2025-05-23 01:43 AM | Reply

Good.

About time.

#11 | Posted by jpw at 2025-05-24 01:10 AM | Reply

"Rounding to the nearest nickel?"

I can guarantee that it will always be rounded up and not down.

But it's only a penny right? Sure but those penny's add up.

Digital "shaving": In the digital age, the idea surfaces as a programmer subtly altering bank transaction code to divert fractions of a cent from many accounts into their own.

And for non cash transactions the price doesn't need to change.

So are we gonna prefer no cash transactions? Money is so much fun.

Money, it's a crime
Share it fairly, but don't take a slice of my pie
Money, so they say
Is the root of all evil today

But if you ask for a rise
It's no surprise that they're giving none away

#12 | Posted by donnerboy at 2025-05-24 07:18 AM | Reply

I would wager that millions of pennies would get back into circulation if we didn't lose 10% to the bank for counting those jars full of change that people accumulate.

#13 | Posted by morris at 2025-05-24 11:52 AM | Reply

They should do away with everything below a quarter.

#14 | Posted by Whatsleft at 2025-05-24 03:19 PM | Reply

Finally something I can agree with the Republicans on. If I drop a penny on the ground, I don't even bother to pick it up. I still have a jar at home full of pennies because I don't like carrying them around. Of course I don't carry much cash around anyway, but I do like having a few greenbacks for odds and ends.

#15 | Posted by cbob at 2025-05-24 04:30 PM | Reply

Good. We now live mostly in a digital world, and getting change with pennies is really and truly dumb.

#16 | Posted by Hughmass at 2025-05-25 07:38 AM | Reply

Good bye coins. Hello bitcoins.

The financial industry would prefer eliminating all cash transactions.

Digital currency is a lot easier to track.

#17 | Posted by ClownShack at 2025-05-25 11:05 AM | Reply

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