It's Time to Abolish The Penny!

Between 2001 and 2006, the penny's copy increased by 0.6 cents. This increase represents an economic problem that could lead to a fatal problem. The penny consists of 2% copper and 98% zinc. These elements grew exponentially and made these materials spike. Many Americans believe that this penny puts our country at risk of economic loss. This meaningless coin should be abolished as it loses money for mint. Every time a penny made of mint is spent four cents each time.

Money is lost not only by time but also by pure fault. Many people just give up on their pennies and they are with them. In the article "New York Times" and "Abolition of pennies", it is stated that two thirds of the pennies do not flow into the bottom of the cashion of the piggy bank or sofa. These non-circulating pennies represent huge losses. Essentially, the government is not losing money, not due to informative activities. However, some people are worried that abolishing pennies may distort pricing and even even moderate inflation. In a separate article named the "American American" by the New York Times, Mr. Mark Weller said that foreign governments also have the same penny and are trying to avoid systematic rounding. However, in Canada, we can see various views on Weller's concern that penny production will end in 2013.

Cancellation of bamboo raft: The biggest problem is "This should not be abolished, why is there a penny like 10 cents or 5 cents still on the road?" But, if people leave a penny at the checkout counter, is it time to get rid of them? In this article I will discuss why we should protect the pennies and people think that pennies should coincide with other coins. If you do not have a penny, why and why can not we keep on pennies?

Coins are made of copper and zinc, and the price of these two metals has risen sharply recently. Because of the high value of these metals, pennies are worth more than the US currency. "The easiest way to cut a dollar out of cash is to round it up to the nearest nickel line", but the point that needs to be rounded up to the closest nickel is to use more. I want to abolish pennies for a long time, so I think that pennies should not be abolished. If you want to abolish pennies, use what to break 5, 10, or odd score. Melting pennies is also illegal. Abolishing pennies does not save government money