Despite the ongoing economic downturn, one persistent trend I've noticed is pennies lying on the ground in high-traffic, public space. It seems like very, very few people find them worth picking up these days.
This has been coming for some time, with the cost of producing a penny inflating to (I believe) more than its face value some time ago. But it's still interesting to see its perceived value to the general public drop this far... Given that we're now talking about something that would buy about a tenth of an ounce of soda, ignoring them is actually fairly rational. But doesn't that mean we should revisit just getting rid of the damned things altogether? Does anyone have a reason not to?
This has been coming for some time, with the cost of producing a penny inflating to (I believe) more than its face value some time ago. But it's still interesting to see its perceived value to the general public drop this far... Given that we're now talking about something that would buy about a tenth of an ounce of soda, ignoring them is actually fairly rational. But doesn't that mean we should revisit just getting rid of the damned things altogether? Does anyone have a reason not to?









Recent Comments