U.S. Mint Issues 4 New Pennies

Sometimes I think America is stupid and this is one of those times. With inflation the penny is becoming almost useless. Coining more pennies is an absolute mug’s game. They cost 1.4 cents to make and once they are received they are rarely spent. People take them home and throw them in a jar. I have a huge 5 gallon water jug in my room 1/4 full of change. One day I will cash that in and buy part of the internet.

So why are we spending 1.4 cents on something that is only worth 1 cent? I say we get rid of the penny and move all monetary transactions to 5 cent increments. That will also allow more people to say things like, “I got 5 on it.”