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America Must Free Itself from the Tyranny of the Penny
(www.nytimes.com)
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this post was submitted on 01 Sep 2024
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Just FYI you can look up stuff like this at no cost. It's not even close to being true. A Canadian polymer banknote costs about 20 cents to manufacture and the smallest denomination is $5. Coins cost a few cents to make (even $2 ones). It's just the penny that lost so much of its value over time that it costs more to make than its worth.