Why’s it a bad idea to get rid of coins at this point anyway. What can you still buy that is a fraction of a dollar that actually matters? Anything that cheap can just be sold in multiples that amount to even dollar amounts.
Getting rid of coins and rounding to nearest dollar sounds great to me but I don’t know what the drawbacks are.
“Getting rid of coins and rounding to nearest dollar sounds great to me but I don’t know what the drawbacks are.”
I just want to thank you for having the best analysis that I will see today. You are correct that this would be bad and it is nice to see that you understand that you might not see this.
We would be screwing the poorest very hard by making everything round up. Should we have the person literally counting pennies suffer because you want fewer coins in your pocket or because the “it costs more to make than it’s worth” people are too daft to get that we use pennies many times over?
There’s still some edge cases floating around. Some laundromats, parking meters, using a shopping cart at Aldi, older vending machines, bottle deposits, probably a few more but that’s off the top of my head.
Why’s it a bad idea to get rid of coins at this point anyway. What can you still buy that is a fraction of a dollar that actually matters? Anything that cheap can just be sold in multiples that amount to even dollar amounts.
Getting rid of coins and rounding to nearest dollar sounds great to me but I don’t know what the drawbacks are.
“Getting rid of coins and rounding to nearest dollar sounds great to me but I don’t know what the drawbacks are.”
I just want to thank you for having the best analysis that I will see today. You are correct that this would be bad and it is nice to see that you understand that you might not see this.
We would be screwing the poorest very hard by making everything round up. Should we have the person literally counting pennies suffer because you want fewer coins in your pocket or because the “it costs more to make than it’s worth” people are too daft to get that we use pennies many times over?
Removed by mod
There’s still some edge cases floating around. Some laundromats, parking meters, using a shopping cart at Aldi, older vending machines, bottle deposits, probably a few more but that’s off the top of my head.