Pennies

Irie Feeling
Posts: 27
Joined: 2010-05-27
Dad Points: 39

Why do we have pennies? What a waste of time and coinage. No use for them, so we put them in jars and save them for two years, until we get to roll them and lug them the bank.




omahahomedad
omahahomedad's picture
Posts: 323
Joined: 2008-08-18
Dad Points: 621
Ben Franklin

The reason, I think is Ben Franklin. "A penny saved is a penny earned," makes no sense if there are no pennines. Heck, it costs MORE than 1 cent to make a penny. Now that's a crazy economic policy if I ever heard one.

Al Vice-President, Daddyshome, Inc. - The National At-Home Dad Network www.daddyshome.org



Irie Feeling
Posts: 27
Joined: 2010-05-27
Dad Points: 39
pennies pt 2

Good answer. Can you imagine, we actually had a coin known as a" half penny." Ha-penney for short. So, i got this box of pennies. Some day I'll get to them. Ciao!



Philip.in.Kyle
Posts: 63
Joined: 2010-05-16
Dad Points: 99
at one time a penny actually

at one time a penny actually had some value, but in today's economy there's very little use for them.  People carry cash less and less and use credit and debit cards for every day purchases more and more. 

Could we do without pennies?  very probably



Bradsdadg
Posts: 3
Joined: 2010-06-17
Dad Points: 7
How could you do without

How could you do without them though? Even though they are annoying and almost worthless. How could we not have pennies? They would have to round bills and everything you buy up in 5 cent increments? Makes you think anyway, lol.



leighpierce
leighpierce's picture
Posts: 94
Joined: 2008-08-08
Dad Points: 214
What would my kids do?

If there were no pennies... what would my kids steal out of my pockets?

Proud to be a SAHD of an Autistic Child



Ariel3618
Ariel3618's picture
Posts: 284
Joined: 2008-10-13
Dad Points: 505
my two cents

I heard recently that the melt value of the metals in a penny was more than 1 cent.  But good thing the government decided to spend the money to redesign them and keep them in circulation.



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