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What would happen if the U.S. got rid of the penny? It wouldn't be easy because there are 420 billion in circulation.
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Trump Puts the Penny on Notice: The Fuss Over Our 1-Cent CoinIn the modern economy, a coin worth one cent isn't much use for ... Other countries which have gotten rid of 1- or 2-cent pieces -- like Australia and New Zealand-- tackled this problem by either ...
which pulled its one-cent and two-cent coins from circulation in 1992, and Sweden and New Zealand, which each ended the minting of their one-cent coins from circulation before that. Canada minted ...
Other countries, including Canada, Australia, Sweden, and New Zealand have all pulled the plug on their one-cent coins. Presumably the sky wouldn’t fall if America followed suit. Then again ...
Canada is not alone. Australia and New Zealand withdrew their one-cent coins even further back – 1992 and 2006 respectively – and are among a growing list of others. As radical as the elimination of ...
WELL, PENNIES HAVE BECOME ONE OF THE LATEST TARGETS ... Treasury Department to stop minting new pennies, citing the rising cost of producing the one-cent coin.Will Trump's order make the penny ...
The agency said it costs 3.7 cents to make a one-cent coin. To see just how devalued ... Italy, Netherlands, New Zealand, Norway, Slovakia and Sweden. This would not be a first in America.
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