From: gazelle@shell.xmission.com   
      
   In article <10f3cgm$1r6qi$2@dont-email.me>,   
   Adam H. Kerman  wrote:   
   >Turd Ferguson  wrote:   
   >   
   >>COIN LOSS: The United States ended production of the penny on Wednesday.   
   >>For more than 230 years, the penny has circulated through American piggy   
   >>banks and cash registers. But rising production costs - each penny now   
   >>costs nearly 4 cents to make - and shifts in consumer behavior have made   
   >>it impractical to keep producing them.   
   >   
   >A coin circulates numerous times. The fact that it costs more to produce   
   >than its face value is meaningless.   
      
   The theory is that if the coin is worth more in raw materials (mainly, the   
   metal(s)) than its face value, then, well, obviously, you have a problem (*).   
      
   That has been true of various coins at various times in history, but   
   probably isn't a serious consideration today.  But old habits die hard.   
   That is, I think a lot of the thinking in the minds of the people who run   
   these things is still, shall we say, stuck in the past.   
      
   (*) And note that this could actually be a problem today for the penny,   
   given that copper is getting expensive - which is to say, we are beginning   
   to run out of it - and this will only get worse and worse with the   
   widespread deployment of (quote-unquote) "AI".   
      
   --   
   "If our country is going broke, let it be from feeding the poor and caring for   
   the elderly. And not from pampering the rich and fighting wars for them."   
      
       --Living Blue in a Red State--   
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)