Why PENNIES need to die in North America

[Lancer]

A North American penny is of immense monetary value. Consider the Philippine pisado. Like our penny there are 100 of them to their peso. Funny thing is, there are 54 pesos to the dollar. Even the poorest Philippino couldn't be bothered to pick one up.

So, keep your penny, and be proud.

[Dis]

never!

like has been said. Things will cost 4 more cent

I'm a cheap bastard, and I save pennies.

[Nubclear]

Originally posted by Lancer
A North American penny is of immense monetary value. Consider the Philippine pisado. Like our penny there are 100 of them to their peso. Funny thing is, there are 54 pesos to the dollar. Even the poorest Philippino couldn't be bothered to pick one up.

So, keep your penny, and be proud.

Turkey.

And....I'm beginning to thing we should introduce three more "penny-like" things. So...

"And you can get this great product for UNDER A HUNDRED DOLLARS! If you call now, you can get it for only $99.99999!!! +$5.50167 sh."

[Lancer]

Dissident, I suggest we form an alliance, perhaps an association is more apt, to save the Great American penny. Agreed? Something to raise a glass to during our upcoming visit, at least.

Tass, I'm still wondering about what that great state in asia minor, Turkey, has to do with this BS.???

[monkspider]

I think it is time for the return of the two and three cent pieces.

[Richelieu]

"Penny for your thoughts". Just another cheap way for the man to get into your head.

[Richelieu]

Sudbury, Ont.

[duke o' york]

What does that prove?
If pennies were taken from circulation then it would not make things 4 cents more. All the items that sell at (eg) $ 49.99 would then sell at $ 49.95. They are priced like this to make the stupid believe that they are not spending $ 50 at all. So you'd save 4 cents.
If the smallest unit of hard currency was set at 5 cents then you'd have arguments about which way to round things that depended upon weight, etc.

[Provost Harrison]

So the smallest denomination in Canada is 5c? Well if a shop charged me something like $0.96, I would feel the need to be awkward (as they are being dishonest) and insist they write me a cheque for 4c to make up the shortfall In reality, it shouldn't be allowed for them to use an amount that has a subdivision lower than the lowest denomination in circulation.

Speaking of currencies, why doesn't Turkey just lob a load of zeroes off the end of the lira?

[Dinner]

Originally posted by duke o' york
What does that prove?
If pennies were taken from circulation then it would not make things 4 cents more. All the items that sell at (eg) $ 49.99 would then sell at $ 49.95.

Go ask all of the people who switched to the Euro a couple of years back if prices went up or down.

[duke o' york]

So instead of paying $ 49.99, you have to pay $ 50.00.
Inflation would have got you anyway.

Prices only went up with the Euro because of unscrupulous capitalists (, ) realising that they could fleece people who were unaware of the value of the new currency compared with what they were used to paying.

[alva]

I wouldn't mind seeing the euro 'pennies being dropped.
All I do with them is carry them around.

And a couple of years ago one of them (frank version though- pre-euro) got stuck in my washing machine.
Damned thing costed me more then a 100€ to get rid off, for a 15 min. job btw.
-
And now the the Italians want €1 notes 'cause they're not used to such big summes of money being a coin.

[Q Classic]

something must be up with my eyes. it didn't look like "pennies" at first.

...and what is that old, macabre saying - again? Let's go to the top of the Sears tower and throw pennies at people below.

You'd like to think this is mostly harmless, except when the annual death toll report (due to) celebratory handgun firings and subsequent bullet droppings on unsuspecting victims reaches 17 in LOS ANGELES ALONE

pennies dropped off the sears tower won't kill anyone. terminal velocity isn't high enough to kill. maybe hurt, yes, but not kill.

as for bullets: the reason why they can kill is because of the velocity they're shot out at. in ideal conditions, the energy that they start with in the beginning of the parabola should roughly equate to the energy at the end of it. a bullet shot out of a gun can kill or maim, no matter what angle it comes down from.

[Spiffor]

Originally posted by alva
And now the the Italians want €1 notes 'cause they're not used to such big summes of money being a coin.

I can't wait the 5€ coins

[Snotty]

as for bullets: the reason why they can kill is because of the velocity they're shot out at. in ideal conditions, the energy that they start with in the beginning of the parabola should roughly equate to the energy at the end of it. a bullet shot out of a gun can kill or maim, no matter what angle it comes down from.

Would friction with the air slow the bullet down to terminal velocity, given a long enough arc?