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Halls of Shrewd'm / US Policy❤
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Author: g0177325   😊 😞
Number: of 48466 
Subject: Re: Trump does one good thing
Date: 02/11/2025 8:15 AM
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Actually, it is. All that would be eliminated is the physical penny. At least that’s the way other countries have done when eliminating their similar coins. All the math stays the same. You still write checks and make electronic payments to the nearest $0.01. It’s only actual cash payments that would have to get rounded when neither party has pennies available.

Huh? Why wouldn't you just stop minting new pennies and not touch the use of pennies in cash transactions? And of course non-cash transactions would remain able to use $0.01 precision the same as ever.
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