why don't the goverment take away the 1( cent) piece??
105870
Simple economics, if we get rid of the penny then inflation would take over. Which means higer prices on everything.
588835
Because governments are evil and they all think they own everything. They'll say stuff like that they provide the street lights and bin collections so they have the "right" to take loads of money off you.
912520
No.  \n\n.80 cents = 8/10 of one cent\n\nThey probably made a typo on the ballot ... they probably meant to say $0.80 (which, as I'm sure you know, means 80 cents), but halfway in between (i.e. after writing (0.80)) they decided to write "cents" ... therefore ending up with "0.80 cents" rather than "$0.80".\n\nAs this real-life example you stumbled across illustrates so well, there is a scarily high degree of math illiteracy out there!  It's frightening to think that the people writing up the ballots for a TAX couldn't even get the basic math correct!\n\n~ ♥ ~
1025212
Totally agree. Of all the coins I always have pennies laying around and I never take them back into the bank because I don't want to take the time to count them and package them. That is the reason they want to get rid of them. People horde them and because of the cost of making a penny it really isn't worth it in the long run.
323492
Different states and towns have their own laws about that. Most places it's like 7 decimals. But you should check with your local city hall to find out exactly. Good luck!
76943
Because the senators and congressmen don't want to be accused of not bringing in the money for their state. You are absolutely correct, it should go by risk, but the equal distribution isn't that surprising with the government the way it is these days.
91430
It looks like you have One Rupee. its equal to just 2 cents.
964724
In August, 2006 for the first time ever, the penny started costing more to make than it is actually worth. So the US mint loses money when it makes pennies because it costs 1.2 cents to make a 1 cent coin. They are made of 98% zinc, and the plating is copper (2%).\nThis is why there is currently a bill (called the COIN Act) in Congress to stop producing the penny. If that is passed, then banks will collect the pennies (in exchange for other coins or bills) and send them to the government. I think they would then melt it, separate the different metals, and sell the metal.
73525
ALL THE TIME! the governement uses borrowed money fron the centrel bank to pay for all of it's short commings. And here is a little secret: do you know that the green in your wallet is only worth the paper it is printed on? Yes, The american peoples money is worth NOTHING! the gold backing system wsa abandoned in the 60's! So all the money in the bank, and elsewhere, is worth nothing! (unless you have gold) So our borowed money is jut money that the centrel pank prints out, and "loans" to the governement.
851611
The object, MONEY, by itself is just a useless piece of paper.. however, it is the idea of MONEY for use in trading that's important as it places a monetary VALUE to a useless piece of paper.. \n\nSo..if you remove the intangible idea of VALUE in a piece of paper..i guess it makes it unimportant.  :P \n\nUnfortunately, in this 'civilised' world, without those 'useless pieces of paper', we're not able to buy (trade) anything ...  :)
724284
In Australia we did away with our 1c & 2c pieces and never looked back. They are pretty worthless anyway
320317
No the governments wouldn't let you give it away freely under any circumstanstance.  They would want to make a buck from it while limiting others access, as usual. Money & Power...\n\nThey would definitely kill you if you didn't play ball (after they robbed all your designs)
1018062
Correct!  You make perfect sense.\n\nBut if you make perfect cents you'll be arrested by the government for forging currency.
1115317
The same reason the government can't provide housing, clothing, cars, and free entertainment for Americans. This isn't a communist nation!
936736
it does not..\nit infringes on theft laws.
1173927
They are being minted in equal quantities, so they will all be equally rare -- which is to say not rare at all.  When coins are minted for circulation, the government always deliberately throws a large enough quantity into circulation to ensure that the value of the coin is very, very near its face value.  Otherwise, the production of money worth more than its face value would cause inflationary pressure in the economy as a whole.  The cost, therefore, should be 25 cents.
630675
Nickle and a quarter, ONE is not a nickle so the other is.