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Posted
2 minutes ago, Kennythetiger said:

College laundromats and car washes. 

Mrs.Brat used to put them inside those plastic eggs for the grandkids to “hunt” on Easter Sunday.

Posted

Throw .99 cents in the yard and tell the kids not to come in and bother you until they find the entire dollar.  Sexy time with wife can commence.  Quarters and solo cups are always a winning combo.   5 dollars of dimes wrapped in a coin roll in a sock makes a handy weapon. 

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Posted
2 hours ago, Armybrat said:

Mrs.Brat used to put them inside those plastic eggs for the grandkids to “hunt” on Easter Sunday.

Golf ball markers (dimes are best because they’re the thinnest though). 

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Posted
On 10/27/2024 at 11:06 AM, DDD Dad said:

Golf ball markers (dimes are best because they’re the thinnest though). 

Dimes are the best because placed properly FDR will ensure that your ball will track all the way to the hole. This is why he is the greatest president in US history

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Posted
On 10/27/2024 at 8:06 AM, Kennythetiger said:

College laundromats and car washes. 

 

My apt complex had the type where you stacked 2 quarters in the horizontal hole, pushed in, quarters fell, and pulled back out. 

It was very easy to cut a piece of cardboard slightly larger than a quarter, cram that into the hole, and it worked. 

 

 

Back to pennies: Just yesterday, I was checking my brake pads. Two pennies stacked is almost exactly three millimeters. If your brake pads are thinner than 3 millimeters, time to replace them. 

Although nowadays, brake pads have wear marks, so not really necessary anymore, I guess. 

 

 

Posted

Someone on the UT Speech Team did a speech on why the US should get rid of the penny over 10 years ago, and he won the National Championship. 

 

I have no fucking clue what his speech was arguing though, but he won!

Posted
On 10/28/2024 at 3:06 PM, High Plains Drifter said:

 

Back to pennies: Just yesterday, I was checking my brake pads. Two pennies stacked is almost exactly three millimeters. If your brake pads are thinner than 3 millimeters, time to replace them. 

Although nowadays, brake pads have wear marks, so not really necessary anymore, I guess. 

 

 

That and tires… which also have wear marks ….

IMG_3650.jpeg

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Posted (edited)

Find it hard to get worked up over this. The decision should have been made 20 years ago but the rumor is the IL politicians didn’t want to get rid of it due to Lincoln being oh the penny. Given that so many payments are electronic, it won’t matter to for many consumers.

it also doesn’t ban the penny, we just won’t make more. As they become more scarce, just round the change down.

Edited by Nice Guy Eddie
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Posted
6 minutes ago, Nice Guy Eddie said:

Find it hard to get worked up over this. The decision should have been made 20 years ago but the rumor is the IL politicians didn’t want to get rid of it due to Lincoln being oh the penny. Given that so many payments are electronic, it won’t matter to them.

it also doesn’t ban the penny, we just won’t make more. As they become more scarce, just round the change down.

but of course they will round up.

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Posted (edited)

Getting rid of the penny, and destroying the Univ of Alabama along with the economy of the state of Alabama all in one week would be (among) the greatest things a person has ever done. 

Edited by Chopper
Posted
On 2/10/2025 at 8:03 AM, troph said:

Due to sales tax rates prices often end in cents. Tax rates won’t change so what’s the solution? 

In Canada, prices that end in .01 or .02 round down to .00 and .03 & .04 round up to .05.

But we will do something stupid that makes no sense.

 

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Posted
20 minutes ago, Steamboat1874 said:

Don’t bet on that.

 

they won't change in a way that eliminates the penny. cooter has the answer though.  we'll see...

Posted
1 minute ago, troph said:

they won't change in a way that eliminates the penny. cooter has the answer though.  we'll see...

It's an interesting question, though, to think through hypotheticals.

In Texas, the state charges 6.25 cents sales tax on every dollar spent. That's our baseline. If the store where you purchased an item is located within an incorporated community, you're guaranteed having another penny added to that tax. Moreover, Texas allows for jurisdictions to take up to an additional penny. So, most of us Texans do our shopping where the sales tax is 8.25 cents per buck.

So, let's say you buy something for $0.99. The sales tax on that would be $0.081675, meaning the total price you, the consumer, would pay is $1.07. If done the Canadian way, you would then only pay $1.05.

Who's losing those two cents? The store, the city, or the state?

Posted
4 minutes ago, jeevsie said:

When this happens, I'm gonna write a program where I get the extra cents.  Just pennies, no one will notice.

Just make sure you don't mess up some mundane detail in doing so.

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Posted
1 minute ago, bolverk said:

It's an interesting question, though, to think through hypotheticals.

In Texas, the state charges 6.25 cents sales tax on every dollar spent. That's our baseline. If the store where you purchased an item is located within an incorporated community, you're guaranteed having another penny added to that tax. Moreover, Texas allows for jurisdictions to take up to an additional penny. So, most of us Texans do our shopping where the sales tax is 8.25 cents per buck.

So, let's say you buy something for $0.99. The sales tax on that would be $0.081675, meaning the total price you, the consumer, would pay is $1.07. If done the Canadian way, you would then only pay $1.05.

Who's losing those two cents? The store, the city, or the state?

Whoever the regime wants to fuck over the most.

Oh, and be assured that someone affiliated with the regime will manage to get their beak wet on any "rounding up" mechanism.

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Posted
9 minutes ago, bolverk said:

It's an interesting question, though, to think through hypotheticals.

In Texas, the state charges 6.25 cents sales tax on every dollar spent. That's our baseline. If the store where you purchased an item is located within an incorporated community, you're guaranteed having another penny added to that tax. Moreover, Texas allows for jurisdictions to take up to an additional penny. So, most of us Texans do our shopping where the sales tax is 8.25 cents per buck.

So, let's say you buy something for $0.99. The sales tax on that would be $0.081675, meaning the total price you, the consumer, would pay is $1.07. If done the Canadian way, you would then only pay $1.05.

Who's losing those two cents? The store, the city, or the state?

Everything .99 cents will change its price to $1 and then that 8.25 rounds up, profit!

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Posted

image.thumb.png.28e826d9c5f28f5ace69c179bb9671fd.png

 

Reminds me of the old days when my buddies and I would go to the credit union in our building and pull out cash for that evening's monthly meetup at Night Trips. 

Posted (edited)

Ok so it costs ~3.7 cents to make a penny 

it costs ~14 cents to make a nickel

dimes cost ~6 cents to make. 

Quarters currently cost ~15 cents but with inflation likely to remain above the 2% target for quite some time, it won’t be long before quarters cost 25 cents to make. 

Maybe, and hear me out here, there’s more economic value in these tradable tokens than their simple face value…. 

Frankly I don’t want to concede any bit of physical currency and create precedent to remove more of it from circulation.

Edited by B00M
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Posted
1 hour ago, B00M said:

Ok so it costs ~3.7 cents to make a penny 

it costs ~14 cents to make a nickel

dimes cost ~6 cents to make. 

Quarters currently cost ~15 cents but with inflation likely to remain above the 2% target for quite some time, it won’t be long before quarters cost 25 cents to make. 

Maybe, and hear me out here, there’s more economic value in these tradable tokens than their simple face value…. 

Frankly I don’t want to concede any bit of physical currency and create precedent to remove more of it from circulation.

Looking at the production cost is stupid to begin with. A penny or any other coin gets exchanged multiple times more than its production cost. I’d like to see the use rate of all these coins and small denomination bills to see how much reuse they get. No, I’m not going to look it up, do the research for me. #DT

 

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Posted
1 hour ago, B00M said:

You drawing the line somewhere or do you want central bank digital currency? 

Bring it. I hate carrying cash of any kind on me. I’d rather tie my bank acct to my finger print and an eye scan. 

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