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Old 02-04-2013, 06:41 PM
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wsabol wsabol is offline
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Join Date: Jan 2011
Location: Houston, TX
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Default Re: Today Canada Officially Retires the Penny

I feel that its inevitable to a certain extent. As the market continues to inflate money, the smaller denominations will be worth less and less until the have no effective value. Back in the day when a dime was a doughnut and a coffee, pennies had some clout. But nowadays most people could cares less about 10 cents, let alone 1. I heard a while ago that the US has talked about doing this as well, but who knows.
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