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The week's question
In December 2024, in the thread "Re: BRK: Why Not XOM?", BreckHutHigh asked the members: "What about the long road trips with kids?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Personal Finance / Macroeconomic Trends & Risks
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Author: Steve203 🐝 HONORARY
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Number: of 4460 
Subject: can't pay a penny for a thought
Date: 11/02/25 1:12 AM
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The local news, tonight, ran a piece on businesses already running out of pennies. Businesses are taking losses because they need to round the total down to the nearest nickle. Folks must be hoarding them.

Coincidentally, I stopped at a Subway for a sandwich a few days ago. The total came to $8.47. I had $8 in fives and singles. Dug around in my coin pouch and told the clerk I would need to give her a $20, as I didn't have 47 cents, only a flock of pennies. She said "I'll take seven pennies". I didn't ask, but maybe they were running short too.

Of course, "Plan Steve" is dead simple, and eliminates the entire problem: have registers and POS systems round to one decimal point, instead of two. In the days of mechanical registers, this would be a big program, almost as bad as when the UK switched to a decimal currency system, when the gears in registers had to be changed.. But these days, what would it take? A few keystrokes on the POS server?

Steve
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