Gettin rid of pennie's
Debate Rounds (3)
Other Countries Have Successfully Done without Theirs
Many other countries have eliminated several small denominations from their currency with no major impact on commerce. New Zealand, for instance, dropped their one and two-cent coins over 20 years ago. They have, since then, eliminated their nickel as well.
We"ll Conserve Natural Resources
We"re more aware today than ever that the minerals we mine aren"t going to last forever. Ceasing production of pennies will lower our consumption of copper and zinc, as well as the fuel and energy required to mine and process it.
It Will Increase in Value
Historically, dropping any minted coin out of circulation immediately increases its value as a collectible. So, in 2020, all those pennies laying around the house will be worth more, and will continue to gain value as time passes. Many collectors are already starting to collect lots of pennies, taking more out of circulation.
Nobody Misses the Halfpenny
These days, very few individuals realize that the US once had a half-cent coin. That"s because it was taken out of circulation in 1857. Given that phasing out this denomination had virtually no impact on commerce, there"s no reason to think that dropping the penny will have any serious side effects.
The other chnge that hs been discontinued like the half penny, was just a smll part of the money business, except the penny was a big part, it filled in anywhere when you did not have the extra, Exmple would be an item cost's 2.87$
well you could use a toonie, three quarter's, two nickel's, and a penny.
The penny was a steping stool for learning how to count money, it was easier to remember the one plus one plus one...
And now the little children are expected to count by five's straight off when they learn about money, it will be hard, plus they will have to learn the rounding you'r supposed to do of a price if it's in need of a penny.
Don't forget the old foak's either, like they say you can't teach an old dog new trick's.
No one is forced to forget anything, it is just a change in history, along with New Zealand. If you double the halfpenny, it is just as worthy as the whole penny. You can still teach children how to add, maybe with fractions. (e.g 1/5, 2/5, 3/5, 4/5, 5/5) Its not that hard to learn how to round, as for the elderly well if they are that aged, I don't think that that specific elderly would be paying his/hers bills.
If you feel that,the penny elimination is important to you, and that you have no say, you might want to start a partition.
Jennifer.Smith forfeited this round.
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