Where do you stand on the penny issue? Are you pro-penny, anti-penny, or do you not care one way or the other? Did you even know there was a "penny issue"?
On November 12, 2025, the US Mint stopped issuing pennies; it minted its final one-cent coin. Maybe.
Some people are upset by this development; others think it's long past due.
The problem with pennies is two-fold: due to the devaluation of the dollar ("inflation"), each penny costs over three cents to make and distribute. In addition, the rampant creation of inflated US dollars by the Federal Reserve- which I consider the largest counterfeiting operation in world history- has made them useless. Other than psychologically, I suppose.
The monetary loss with nickels is even worse, costing nearly eleven cents for each five-cent piece, so they may be next on the chopping block. Public reaction to the end of pennies could determine the fate of nickels.
There might be a catch, though. The penny's cancellation was by executive order, and it could take an act of Congress to make it stick. A later president could decide to start issuing pennies again. Perhaps they could make them out of plastic next time, if that turns out to be cheap enough. It would fit right in with the devaluation of the rest of the money through reckless printing, stimulus checks, and tariff bribes.
Pennies have been fake since 1982 anyway. That's the year they stopped making them out of copper and switched to cheap zinc plated with a thin copper glaze so the fraud wouldn't be obvious. It didn't keep the cost down enough. If you've ever found one of these zinc pennies in the dirt, you may have noticed how easily they corrode away into nothing. This is symbolic of what always happens when governments control money.
How will you survive without being able to pay to the exact cent? Businesses may have to round prices to the nearest nickel. It would be easy if not for sales tax meddling with the math. As if we need another good argument for eliminating sales tax, as a step toward getting rid of all taxes. If this could be the result, I would be in favor of eliminating the one-cent coin. Even better, if there were a way to separate money and state, smaller denominations of money, like the penny, might become relevant again. It's worth a shot.
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