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Trump says he has directed US Treasury to stop minting new pennies, citing rising cost (apnews.com)

submitted 1 month ago by BrikoX@lemmy.zip to c/usa@midwest.social

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President Donald Trump says he has directed the Treasury Department to stop minting new pennies, citing the rising cost of producing the one-cent coin.

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[–] SwingingTheLamp@midwest.social 4 points 1 month ago (3 children)

This is a good idea, but it feels nefarious given the context. Assuming it's on the level, do nickels, too. Let's just round to 1 decimal place.

[–] TaiCrunch@sh.itjust.works 3 points 1 month ago

Maybe not nefarious, since it's been a public idea for decades. He does like to put forward those ideas like he's the one that thought of it. This one's a net positive so let's just let him play with the unplugged controller on this one.

Unless it turns out he and/or Elon bought something with copper. Which wouldn't surprise me.

[–] Didros@beehaw.org 1 points 1 month ago

We voted for it years and years ago, it just goes into effect now

[–] sorghum@sh.itjust.works 1 points 1 month ago

Reverse split the Dollar?