Select a country: |
![]() |
Canada |
That's because you can't have 2 Canadian cents anymore... unless you use debit.
Which is the dumbest thing ever. Think about it. You spend a dollar. You pay 13% tax. So your bill is $1.13. Now you pay $1.15 if you pay cash or $1.13 if you use debit or credit. How will the "books" be balanced. The difference in income will be kept where? Who keeps it? Is it a tax? Is it profit for the businessman?
i heard they were still debating this, but you know its not ending up in the consumers pocket
Only reason this is happening is because the conservatives have long wanted to do it and it doesn't matter the impact. If it was originally suggested by the Liberals not a chance would they do it. It's not about the betterment of the country but a competition with the other party.
It's bollocks.
The belief is that stores will round up or down when appropriate (1.11 to 1.12 will round down to 1.10, 1.13 and 1.14 rounds up to 1.15)
I think the government believes they will cancel each other out, but it still seriously messes up the economy.
Why don't they just change the composition of the penny?
Current pennies are 94% steel, 1.5% nickel, 4.5% copper.
The nickel is about as expensive to make as the penny is, but since it is a 5 cent coin they are keeping it?
Oddly enough though, pennies from before 1996 are worth more as scrap copper than as currency (they are about 98% copper and worth about 1.25-1.5 cents each as scrap).
Maybe the mint should stop making new quarters every year and save some money on the prints.
They claim tons of money will be saved by companies not needing to count pennies (but how does that help me? It just heads to the top of the tower while I get less hours at work).
The belief is that stores will round up or down when appropriate (1.11 to 1.12 will round down to 1.10, 1.13 and 1.14 rounds up to 1.15)
I think the government believes they will cancel each other out, but it still seriously messes up the economy.
Why don't they just change the composition of the penny?
Current pennies are 94% steel, 1.5% nickel, 4.5% copper.
The nickel is about as expensive to make as the penny is, but since it is a 5 cent coin they are keeping it?
Oddly enough though, pennies from before 1996 are worth more as scrap copper than as currency (they are about 98% copper and worth about 1.25-1.5 cents each as scrap).
Maybe the mint should stop making new quarters every year and save some money on the prints.
They claim tons of money will be saved by companies not needing to count pennies (but how does that help me? It just heads to the top of the tower while I get less hours at work).
Welcome to the conservative philosophy. In other news, God hates white people and loves Asians and Blacks (I got this thought as it parallels the ludicrous anti-atheism arguments religious fanatics, the conservatives of the USA, often make):
http://www.cdc.gov/cancer/skin/statistics/race.htm
http://www.cdc.gov/cancer/skin/statistics/race.htm
didn't sweden recently convert to straight digital currency? solves the problem of the missing pennies, but creates a heap of others i suppose(solar storms, power outages etc)
Ya plus how can you buy anything illegal? Sheesh. And Sweden should know... torrent capital of the world. All hail thepiratebay and Kopimism!!!
Trust me, I know all about politics.
I'm a PSCI major, remember?
On a side note:
God must hate whites since they are statistically more likely to get CF than hispanics, blacks, etc.
I'm a PSCI major, remember?
On a side note:
God must hate whites since they are statistically more likely to get CF than hispanics, blacks, etc.
Yeah, a lack of physical currency creates a lot of problems.
First and foremost is debt. If you want to save money, buy everything in cash. It is much harder to hand of a $20 bill than to punch in a few numbers on a debit machine.
I've worked at several jobs, and when you have issues with debit/credit, then it really would mess a lot of people up.
A completely electronic economy is scary. Hackers, lack of internet, lack of restraint in spending, etc.
First and foremost is debt. If you want to save money, buy everything in cash. It is much harder to hand of a $20 bill than to punch in a few numbers on a debit machine.
I've worked at several jobs, and when you have issues with debit/credit, then it really would mess a lot of people up.
A completely electronic economy is scary. Hackers, lack of internet, lack of restraint in spending, etc.
I know the whole argument of you can't have hidden costs or anything, but I think they need to go back to having merchandise's posted price to include the GST, so stores can price goods to always equal 5 or 0 cents. It's what they do in New Zealand. So if you by a Big Mac meal for 6 dollars, it costs 6 dollars, not $6.30.
i like this strategy, I already use it and customers love it. Include GST in my estimates, then just deduct it off myself after. Leaves people feeling better about the transaction, as it never costs them a penny more than what I told them.
My example of skin cancer was picked because "Blacks" don't get less skin cancer because god loves them, but because they've evolved to have more melanin from living in more temperate climates and thus can take the constant solar intensity whereas "Whites" are from western Europe where the duration and solar intensity *pales* in comparison. I was using evolution as a satiric mockery of the religious fanatics that are found everywhere but specifically the tea-party group part of the Republicans.
Your favorite threads
Newest posts