Pennies are useless. Here's who's fighting to keep them alive.

Canada got rid of them, why can't the US?
Watch Matthew Ygelsias explain who's fighting to save to the penny.
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Video by Gina Barton, Matthew Yglesias, Matt Moore
Pennies may hold sentimental value to Americans, but they are basically useless. It is not uncommon for people to leave them in a loose-change container when receiving money after a transaction. Americans for Common Cents, a pro penny group in Washington DC, is fighting to keep the penny in circulation. They are backed by Jarden Zinc Products, a company that sells the zinc-based coin blanks to the US Mint.
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Пікірлер: 1 100

  • @MichaelAiyedun
    @MichaelAiyedun8 жыл бұрын

    People want get rid of penny because the hate change People want to keep the penny because they hate change

  • @PrincessArielAngel

    @PrincessArielAngel

    8 жыл бұрын

    I see what you did there lol

  • @clintross7778

    @clintross7778

    8 жыл бұрын

    Lulz😂 very punny

  • @ColieOhhh

    @ColieOhhh

    8 жыл бұрын

    Good one :-)

  • @dc.181

    @dc.181

    8 жыл бұрын

    +Michael Aiyedun nice

  • @cesarvilla7474

    @cesarvilla7474

    8 жыл бұрын

    English is a funny language my friends lol

  • @watchapotato2326
    @watchapotato23268 жыл бұрын

    So basically, pennies don't make.... cents???

  • @lemonbleach4667

    @lemonbleach4667

    8 жыл бұрын

    badum tsss...

  • @pure_zed

    @pure_zed

    8 жыл бұрын

    +Lemon Bleach where's "flowery fields" bleach?

  • @lemonbleach4667

    @lemonbleach4667

    8 жыл бұрын

    OmegaReaper i dont know, he must have gotten lost in a storage closet

  • @aidandixon6028

    @aidandixon6028

    7 жыл бұрын

    +Lemon Bleach Hey how ya doin? I see you've gotten a new flavor upgrade can I try some?

  • @aidandixon6028

    @aidandixon6028

    7 жыл бұрын

    +Lemon Bleach ... I may have a deadly addiction to bleach please help me ;-;

  • @MaximumJonathanosity
    @MaximumJonathanosity8 жыл бұрын

    But pennies give my piggy bank some heft, so I feel like i'm wealthy.

  • @insect212

    @insect212

    8 жыл бұрын

    +MaximumJonathanosity Sandbags could work as a replacement.

  • @robertbones326

    @robertbones326

    8 жыл бұрын

    +MaximumJonathanosity Use 5 cents instead

  • @mitchellbrown5846

    @mitchellbrown5846

    8 жыл бұрын

    +Long Sword No, the problem is sandbags are more valuable. :)

  • @PrincessArielAngel

    @PrincessArielAngel

    8 жыл бұрын

    sad but true XD lol

  • @evanoehlstrom2903

    @evanoehlstrom2903

    8 жыл бұрын

    ikr lmao

  • @Zeratul187
    @Zeratul1878 жыл бұрын

    Lobbying another fancy word for Bribery......

  • @JesseZhang5

    @JesseZhang5

    8 жыл бұрын

    +Syed Abdul Wasay Not really, lawmakers actually need lobbyists to understand the ramifications of supporting/being against a bill. There's no way our congress people can understand all ramifications of every bill, so they NEED lobbyists to tell them how it's going to affect that lobbyist's interest groups, which represent people, businesses, or unions.

  • @MaskofPoesy

    @MaskofPoesy

    8 жыл бұрын

    +Jesse Zhang Do they "NEED" them to spend fortunes on them too?

  • @JesseZhang5

    @JesseZhang5

    8 жыл бұрын

    +Tol Hydra No, of course not. But the problem doesn't lie in lobbyists, the problem lies in how they can spend money on politicians. That's not the lobbyists' faults.

  • @thisnotjesus

    @thisnotjesus

    8 жыл бұрын

    +Syed Abdul Wasay I'd say collusion and corruption, but bribery works too.

  • @Cargo_Life

    @Cargo_Life

    8 жыл бұрын

    +Jesse Zhang How is Congress or the citizens supposed to know that the lobbyists aren't incompetent or lying to Congress about bills, or at least stretching the truth? Is there even any mechanism at all to ensure lobbyists are trustworthy?

  • @BoogsterSU2
    @BoogsterSU28 жыл бұрын

    How do we shut down Americans for Common Cents?

  • @TheAkashicTraveller

    @TheAkashicTraveller

    8 жыл бұрын

    +Tom C Corrupting. Ha. That ships a sailed.

  • @dragonflame765

    @dragonflame765

    8 жыл бұрын

    Well, vote for Bernie. He's a big advocate of getting rid of PACs.

  • @Joe-bu6uz

    @Joe-bu6uz

    8 жыл бұрын

    +dragonflame765 How's he supposed to do that?

  • @zachmega4447

    @zachmega4447

    8 жыл бұрын

    +Boogster Su Maybe use common sense?

  • @armvex

    @armvex

    8 жыл бұрын

    +Boogster Su by counter lobbying. As far as I know lobbying is part of freedom of speech.

  • @pissfrog
    @pissfrog7 жыл бұрын

    pennies are the most useful thing in the world. McDonald's employees love it when you give them 110 of them to pay for your large coke.

  • @Roxor128

    @Roxor128

    7 жыл бұрын

    You can't do that in Australia. Shops are allowed to refuse any payment containing more than 50 coins.

  • @kylelilley4814

    @kylelilley4814

    7 жыл бұрын

    Roxor128 America is different. :p For instance we are dumb enough to elect a reality show host as a president

  • @r_tten

    @r_tten

    7 жыл бұрын

    Im sure they do! In faroe islands we have Oyrur and their 1/2 so.. Ill try that in Burger king because our only McDonalds burnt down

  • @CalvinOhler

    @CalvinOhler

    7 жыл бұрын

    Emma Young You know, McDonald's employees aren't allowed to accept tips or pocket extra cash. They're supposed to put it into the Ronald McDonald House charity.

  • @pissfrog

    @pissfrog

    7 жыл бұрын

    Calvin Ohler yeah, i used to work there.

  • @AltPeachStudy
    @AltPeachStudy7 жыл бұрын

    Just do what Canada did: 1. Replace paper dollars with coins (Last longer) 2. Use Poly- Something plastic instead of paper to make bills (they last longer) 3. Paint your money with bright Monopoly colours (it's pretty)

  • @GUY7986

    @GUY7986

    7 жыл бұрын

    yeah but then ya don't get the distinct smell of a pile of greenbacks after driving some ranchers down south so you can go spend it on that dank paint thinner tequila at the ol' saloon

  • @skrubgrill2615

    @skrubgrill2615

    7 жыл бұрын

    Taco Loco plastic wouldn't work because of pollution.

  • @savolrat

    @savolrat

    7 жыл бұрын

    canada copied australia x

  • @AltPeachStudy

    @AltPeachStudy

    7 жыл бұрын

    Joe Percy And you like your president orange and dirty too eh?

  • @AltPeachStudy

    @AltPeachStudy

    7 жыл бұрын

    savolrat But everyone noticed when we did it!

  • @Lego9215
    @Lego92157 жыл бұрын

    Get rid of the penny and bring back the $2 bill

  • @wyliehom8050

    @wyliehom8050

    7 жыл бұрын

    Boi imma bout to roast you The $2 bill exists.

  • @200odd300

    @200odd300

    7 жыл бұрын

    it's really rare to get one tho

  • @smexypierawr9666

    @smexypierawr9666

    7 жыл бұрын

    200odd300 It's not rare, just go to the bank.

  • @Thndrstrike

    @Thndrstrike

    7 жыл бұрын

    200odd300 Not rare at all. The mint made millions of $2 bills in 2014 alone.

  • @shoushikochou

    @shoushikochou

    7 жыл бұрын

    you can get them at your bank

  • @gianmariarusso4051
    @gianmariarusso40515 жыл бұрын

    "A lobbying group has been influencing lawmakers to keep..." America in one sentence.

  • @MaxwellAerialPhotography

    @MaxwellAerialPhotography

    7 ай бұрын

    Americans acting like lobbying only occurs in America.

  • @15antny
    @15antny8 жыл бұрын

    I think we should get rid of the dollar bill and just have dollar coins. they last longer and don't rip.

  • @owenmcpe2768

    @owenmcpe2768

    8 жыл бұрын

    Then it would be more heavy in your pockets when you carry it around (also, it makes that annoying sound when you walk), but I don't know...

  • @15antny

    @15antny

    8 жыл бұрын

    Haha that's true Owen MCPE​

  • @grindstone4910

    @grindstone4910

    8 жыл бұрын

    +Owen MCPE And strippers would get more bruises when it rains.

  • @jennienguyen6445

    @jennienguyen6445

    8 жыл бұрын

    +Grindstone but they would get paper cuts from all the money which makes them bleed

  • @liquidocelot5976

    @liquidocelot5976

    8 жыл бұрын

    Pound coins are fairly light and are quieter than other coins

  • @angeliqueche1269
    @angeliqueche12697 жыл бұрын

    Pennies are useless? My life is useless

  • @smhdpt12
    @smhdpt128 жыл бұрын

    And it costs 11.2 cents to produce a nickel. Should we get rid of that too?

  • @Skinnymarks

    @Skinnymarks

    8 жыл бұрын

    yes. and we should move to dollar coins.

  • @Skinnymarks

    @Skinnymarks

    8 жыл бұрын

    Floris b exsactly. I'd be interested in the economics of 5 dollar coins. I recently went to canada and discovered that their money is plastic so it lasts a lot longer than amarican paper money. Amarica is falling behind.

  • @thisnotjesus

    @thisnotjesus

    8 жыл бұрын

    +scottdpt12 yeap, I guess we should just make large prime numbers coins, like 29 and 13 cent coins.

  • @Creeppersharp

    @Creeppersharp

    8 жыл бұрын

    +Skinnymarks The best part about making money plastic is that it's waterproof, tear proof, easier to clean (if someone wanted to), longer lasting and costs less trees to make. Canada has made some good choice in saving money that I believe more countries should adapt.

  • @Skinnymarks

    @Skinnymarks

    8 жыл бұрын

    ***** sucks in only one regard but far superior in every other way that matters. I personally don't want my tax money bleed out because of leaches like the us mint that is lobbying our country to make useless pennies just so they can keep charging the us millions of dollars.

  • @hankjones2775
    @hankjones27758 жыл бұрын

    why do people think they are going to be cheated out of their money if they remove pennies? their taxes are paying for them anyway.

  • @Cjdanks448

    @Cjdanks448

    4 жыл бұрын

    Yall cant see the forestbecause of trees

  • @lucyhannah1227
    @lucyhannah12277 жыл бұрын

    Pennies are for throwing in fountains!

  • @tomatoisasquishyfruit
    @tomatoisasquishyfruit8 жыл бұрын

    In my country its called Corruption. You Americans gave it a fancy name "Lobbying".

  • @jacobmeza5943
    @jacobmeza59438 жыл бұрын

    i used to use pennies, then i took an arrow to the knee

  • @Hugh.Manatee

    @Hugh.Manatee

    8 жыл бұрын

    +Jacob Meza - I sold my knee for a jar full of arrows.

  • @kateparker8546
    @kateparker85468 жыл бұрын

    I think we can credit that Obama footage to John Green, who asked him the question in the first place! John is very outspoken in his hate of pennies :)

  • @johntracy72
    @johntracy728 жыл бұрын

    Personally, I like to save up pennies. 13 years ago, I filled a 5 gallon water jug halfway with pennies. That was almost 18,000 pennies. They add up over the long term.

  • @IchibanMoto
    @IchibanMoto8 жыл бұрын

    then what would we use for electrical fuses ?

  • @Extys
    @Extys8 жыл бұрын

    An amazing production value as always. Keep it up Vox.

  • @saxmastergq
    @saxmastergq8 жыл бұрын

    John Green and CGPgrey have been talking about this years ago.

  • @jamesbond9975
    @jamesbond99758 жыл бұрын

    So if the US lost $52 million producing pennies than how much did they gain printing, $1, $2, $5, $10, $20, $50, $100? Not to mention how much do they make from minting, dimes, quarters, half dollars and dollar coins?

  • @jamesbond9975

    @jamesbond9975

    8 жыл бұрын

    ***** Um where did I mention nickels? Oh that's right, I didn't but no, nickels cost $,809 to mint. gao.gov/assets/680/674120.pdf

  • @danodden9783

    @danodden9783

    7 жыл бұрын

    But pennies cost a $1.50 for every dollar, that's the most money lost out of all currency...

  • @patricktomtl
    @patricktomtl8 жыл бұрын

    I live in Canada, and we don't use pennies. I went to the states a few weeks ago and after telling the cashiers to keep the pennies, I still had 30¢ of pennies. Left them at the airport!

  • @thepielife
    @thepielife8 жыл бұрын

    vox i NEED a link to that outro music PLEASE, cant find the song anywhere

  • @ryanmacgibbon301
    @ryanmacgibbon3018 жыл бұрын

    NOT MY ABRAHAMS!

  • @ryanmacgibbon301

    @ryanmacgibbon301

    8 жыл бұрын

    +Flan good proposition! At least we still have the $5 bill

  • @shawnv123

    @shawnv123

    Жыл бұрын

    w

  • @SentryxVoid
    @SentryxVoid8 жыл бұрын

    how do you solve the change problem with no pennies what if I buy something and am owed 3 cents in change back?

  • @AFnord

    @AFnord

    8 жыл бұрын

    You round to the nearest whole "whatever the smallest coin is". (not sure exactly how serious you were)

  • @helloworld9957

    @helloworld9957

    8 жыл бұрын

    +Ockams Razor rounding

  • @rockyarchives8861

    @rockyarchives8861

    8 жыл бұрын

    They'll give you a nickel.

  • @MCwelfare

    @MCwelfare

    8 жыл бұрын

    +Ockams Razor If you're paying with cash, you can round up. You'll get 5 cents back. But if you're using your card, they can use the exact amount.

  • @chinesesparrows

    @chinesesparrows

    8 жыл бұрын

    Round to the nearest nickle, so simple. Or electronic transaction

  • @brendancoulthurst
    @brendancoulthurst6 жыл бұрын

    You also forget some points withiut pennies prices will round up, and also we could easily lower the price of making pennies by changing the material

  • @KristianDolghier
    @KristianDolghier7 жыл бұрын

    i hope people realize that the mint made several hundred million dollars on quarters and dimes, and overall the mint made a very significant profit.

  • @willzyxOfficial

    @willzyxOfficial

    7 жыл бұрын

    Doesn't change the fact that they lose 52 million on pennies, and their profit could have been 52 million higher.

  • @russellh9894
    @russellh98948 жыл бұрын

    So then what do we DO about it? Can you make a video on what the steps would be for someone or a group to go about abolishing the penny?

  • @willowaustin2487

    @willowaustin2487

    6 жыл бұрын

    Rusty H www.change.org/p/stop-making-pennies-already?recruiter=552279722&Areal_control

  • @Rolando_Cueva

    @Rolando_Cueva

    2 жыл бұрын

    Nothing we can do. Congress could very easily pass a law to remove them from circulation, but they won't.

  • @Hugh.Manatee
    @Hugh.Manatee8 жыл бұрын

    Hank Green said exactly this 5½ years ago. WHY DO YOU NOT LISTEN TO YOUR SMART PEOPLE AMERICA!

  • @TheElectricmellon

    @TheElectricmellon

    8 жыл бұрын

    +AdenineMonkey This has been a conversation for far longer than that...

  • @simonsafos2089
    @simonsafos20898 жыл бұрын

    lovin that mississippi blues in the backround

  • @Jack.Strait
    @Jack.Strait6 жыл бұрын

    Ok so I'm confused. How do you get the correct amount of change without pennies?

  • @genericscout5408
    @genericscout54088 жыл бұрын

    I like have coins. It makes me feel good about my poverty.

  • @MegaNajeed

    @MegaNajeed

    8 жыл бұрын

    +Generic Scout nice

  • @wilhard45
    @wilhard458 жыл бұрын

    Or we can do what the French did a move the decimal point over.

  • @CmdrGendoIkari

    @CmdrGendoIkari

    8 жыл бұрын

    So suddenly a penny is worth what a dime was before, and a dime becomes worth a dollar. Also not a bad idea.

  • @jetison333

    @jetison333

    7 жыл бұрын

    CmdrGendoIkari and then everyone adjusts their prices so they are 10 times as much and your back were you started

  • @Fuyu_Sei12
    @Fuyu_Sei127 жыл бұрын

    I have a growing pile of those copper-plated zinc chips we call pennies in an old glasses case......

  • @losFondos
    @losFondos8 жыл бұрын

    Good music choiche, keep it up!

  • @freaksuyash
    @freaksuyash8 жыл бұрын

    Use the same coin change its denomination make everyone happy.

  • @Badmuthaa

    @Badmuthaa

    8 жыл бұрын

    That isn't a very well thought through comment now is it. Please think before you type

  • @freaksuyash

    @freaksuyash

    8 жыл бұрын

    Moeyz69 They wish to use the same raw material right. To be used at the mint. They could save the industry and make it the little coin valuable again by increasing the value it holds. Maybe create a new coin for 75 Cents.

  • @Badmuthaa

    @Badmuthaa

    8 жыл бұрын

    +Suyash Shreekant I don't think you quite understand how economies work. The government can't just go and make money out of thin air. That would just screw everyone over

  • @freaksuyash

    @freaksuyash

    8 жыл бұрын

    Moeyz69 really? I thought they have been doing exactly that since they got rid of the Gold Standard.

  • @michaelmckenna19151

    @michaelmckenna19151

    8 жыл бұрын

    you are correct

  • @MnMPryoBanana
    @MnMPryoBanana8 жыл бұрын

    money in politics, Bernie 2016

  • @Itwassouglythateveryonedied

    @Itwassouglythateveryonedied

    7 жыл бұрын

    rip

  • @Cjdanks448

    @Cjdanks448

    4 жыл бұрын

    Bernie has plenty already, 3 houses,private jet, worth millions he'd dont need anymore money, I'm waiting for him to give his wealth away equally to the people lol

  • @kassandrabaltierrez9677
    @kassandrabaltierrez96776 жыл бұрын

    I love vox I swear I'm obsessed with this channel

  • @supremacygaming7123
    @supremacygaming71238 жыл бұрын

    I was just thinking about this the other day lol I was trying to get something from the snack machines at my college, I was broke af so I was trying to use everything I found inside my backpack and found some pennies. I tried putting them in the machine and it would just come back out ;-(

  • @nadadealer4435
    @nadadealer44357 жыл бұрын

    The real questions is what to do with them when you can no longer use them. Do I just throw them away? Wtf.

  • @hammythesyrianhamster7300

    @hammythesyrianhamster7300

    5 жыл бұрын

    Nada Dealer take them to the bank

  • @Innovayting
    @Innovayting8 жыл бұрын

    So why do we still have pennies?

  • @rolandrice3692

    @rolandrice3692

    8 жыл бұрын

    Bribery

  • @Innovayting

    @Innovayting

    8 жыл бұрын

    +Nunya Bidness thank you for answering that. This video just rambled on without answering that question

  • @johntracy72

    @johntracy72

    8 жыл бұрын

    Our lexicon is part of it. A penny saved is a penny earned. A pretty penny. Penny wise and Pound foolish.

  • @ExgaGaming

    @ExgaGaming

    8 жыл бұрын

    +Vayt It did. Near the end. They said that lobbyists were paying around $1 mio. to keep the pennies.

  • @jonathaneleven2265

    @jonathaneleven2265

    6 жыл бұрын

    lol your comprehension and analysis skill is poor. it said (im paraphrasing) the lobbyist group "Americans for Common Cents" are paying 1 million dollars to politicians campaign groups to keep making pennies.

  • @kiwin111
    @kiwin1118 жыл бұрын

    You can't say "On sale for $1.99" if you don't have pennies.

  • @yeahnoway111

    @yeahnoway111

    7 жыл бұрын

    yes you can. When you pay with credit you'll get that one cent, but if you use cash the price would be 2 dollars

  • @mmiller4430
    @mmiller44308 жыл бұрын

    I have an even better question.Why do gas stations still charge us 9/10ths of a penny per gallon at the pump?

  • @yariquinn
    @yariquinn8 жыл бұрын

    Pennies aren't useless when my Wendy's order totals out to 9.01. Who wants all that extra change in their pocket?

  • @chancebadger

    @chancebadger

    8 жыл бұрын

    +Dollfaceyari I'd be more worried about the shit food Wendy's than the penny. Guarantee I could make a tastier/healthier hamburger for cheaper faster than you could drive to shit food and back. Be like me.

  • @arthurwright1433

    @arthurwright1433

    8 жыл бұрын

    I think a lot of the proposals for removing the penny from circulation and the way it's been done in other countries make it so prices stay the same but if you're paying by cash the price is rounded up or down to the nearest $0.05. so in that case you would only pay $9

  • @chancebadger

    @chancebadger

    8 жыл бұрын

    ***** Umm... wow, what an intelligent and thought-provoking response. You are also an an "lingual autoerotic post-coital lavage."

  • @zereko8638

    @zereko8638

    6 жыл бұрын

    Yea but usually it comes out to something like $9.47?

  • @shawnv123

    @shawnv123

    Жыл бұрын

    @@zereko8638 still though you need two cents

  • @steveharvey7916
    @steveharvey79167 жыл бұрын

    I wish pennies were 2$$

  • @Cjdanks448

    @Cjdanks448

    4 жыл бұрын

    They will be if usd drops out you cant make weapons, tools,electronics with paper money that's become worthless. if people dont want their pennies I'll buy em

  • @shawnv123

    @shawnv123

    Жыл бұрын

    @@Cjdanks448 i like pennies too

  • @Cjdanks448

    @Cjdanks448

    Жыл бұрын

    My comment starting to ring true slightly,three years later

  • @leadersofthenewschool
    @leadersofthenewschool7 жыл бұрын

    wow that was a very short video i was surprised.

  • @stephenhapp4141
    @stephenhapp41417 жыл бұрын

    I think that we still need some kind of base unit to base our money on, if we got rid of the penny, everything would need to be based on a unit of 5 cents, as it would be impossible to pay for anything that doesn't end in .00 or .05 with physical currency. So maybe just replace the penny with something cheaper to produce. Like plastic or paper or something.

  • @TheTrueBrawler

    @TheTrueBrawler

    6 ай бұрын

    Being based on a unit that doesn't end in the digit 1 isn't necessarily a bad thing, and it's not even unheard of in the USA either. Ever heard of the half cent coin? These coins are worth 0.5 cents (so not 1 or 0.1), were minted all the way until 1857, and are the lowest denomination of US coin to ever be minted. By the way, its purchasing power in 1857 (the year in which it was discontinued) is roughly equal to the purchasing power of 17 cents in 2023.

  • @TheFlamefolk
    @TheFlamefolk8 жыл бұрын

    any time I have some I throw them. there is no way I am ever going to carry 100 pennies for just 1 doller either. or I throw them in the garbage.

  • @TheBAGman17

    @TheBAGman17

    8 жыл бұрын

    +TheFlamefolk put them in a change bucket when you get home for fuck sakes.

  • @TheFlamefolk

    @TheFlamefolk

    8 жыл бұрын

    +TheBAGman17 no, they are not worth the space. it's a bunch of garbage.

  • @Michaelonyoutub

    @Michaelonyoutub

    8 жыл бұрын

    +TheFlamefolk if it was legal you might as well melt it down and make a few dollars

  • @TheFlamefolk

    @TheFlamefolk

    8 жыл бұрын

    Michael on KZread Hah, I wish.

  • @yeahnoway111

    @yeahnoway111

    7 жыл бұрын

    lol i throw pennies in the garbage too

  • @Majoofi
    @Majoofi8 жыл бұрын

    The problem isn't the Penny. It's inflation. Fix the real problem. Getting rid of the penny would be like legislating that we're not allowed to measure pant sizes in anything smaller than a five inch increment.

  • @ThZuao

    @ThZuao

    8 жыл бұрын

    +Majoofi Spot on.

  • @mathieuandres9068

    @mathieuandres9068

    8 жыл бұрын

    +Majoofi inflation is inevitable, the penny has overstayed its use

  • @Majoofi

    @Majoofi

    8 жыл бұрын

    Mathieu Andres Inflation isn't inevitable. It's the byproduct of an economically and mathematically corrupt monetary system.

  • @StubbeA

    @StubbeA

    8 жыл бұрын

    +Majoofi We can't stop inflation from happening. The value of money is relative, so your analogy doesn't hold up. The penny is worse than worthless - it is draining the US economy in several ways.

  • @StubbeA

    @StubbeA

    8 жыл бұрын

    +Majoofi Inflation is happening and has happened all over the world. It has been happening since the mint was invented. It is NOT A BAD THING. How is the monetary system "corrupt"? Who benefits from this scheme you're suggesting? Look inflation up in a book some time.

  • @ripem1417
    @ripem14176 жыл бұрын

    alright but how will I get my correct change?

  • @grassytramtracks
    @grassytramtracks Жыл бұрын

    I keep them to stop them piling up, strangely enough - if you keep them, then you can use them to make exact change and stop them accumulating. I don't pay with a whole jar of coppers, but I sometimes, for example pay 99p with a 50p, 2 × 20p, a 5p, and 2 × 2p

  • @dameshiesty1993
    @dameshiesty19937 жыл бұрын

    Donating one penny a day can save a child in Africa! They eat pennies. -Bo Burnham

  • @isaacallen9007
    @isaacallen90078 жыл бұрын

    Arizonas won't be 99 cents anymore 😭😭😭

  • @diegoambriz2300

    @diegoambriz2300

    8 жыл бұрын

    They'll be .95 or 1.00

  • @diegoambriz2300

    @diegoambriz2300

    8 жыл бұрын

    ***** I wasn't includind tax on purpose.

  • @Michaelonyoutub

    @Michaelonyoutub

    8 жыл бұрын

    +isaac allen i live in canada and things are atill listed as $X.99 and we just round to the nearest 5 cents. If you pay electronically though it takes the exact amount.

  • @nathanberrigan9839

    @nathanberrigan9839

    8 жыл бұрын

    +isaac allen They can still be $0.99. When you go to the gas station, the price of a gallon of gas is $2.599 even though we discontinued the mille a long time ago. The price is just rounded at the end.

  • @vibesbama3016

    @vibesbama3016

    6 жыл бұрын

    yeah...

  • @cyndie26
    @cyndie266 жыл бұрын

    Restaurants also seem to have stopped giving pennies in their change.

  • @TerpyyGames
    @TerpyyGames7 жыл бұрын

    But what if you have to give someone change for a purchase and its $1.04? How where am i getting 4 cents from??

  • @ape2325
    @ape23257 жыл бұрын

    vox, although i love your channel, you're wrong about how much it costs to make a penny, you should have done your research and learned that a penny is not all copper, the inside is made of a cheaper substance to lessen the cost

  • @ThePizzaEater1000

    @ThePizzaEater1000

    6 жыл бұрын

    The cost to make a penny is still over 1 cent.

  • @coSocks
    @coSocks8 жыл бұрын

    This is a lie. If you ever find a penny from 1943 keep it. During 1943 WWII was happening, so they used all they could find to make bullets, such as copper. The amount of copper was so low during the time, they made pennies out of silver. If you find a copper penny with the date of 1943, it is around $80,000 and in auctions they go for about $200,000. If you find a silver penny with the date of 1943, it is around $10,000 and in an auction it goes up to $80,000. Don't believe everything you see on the internet.

  • @rederratic3550

    @rederratic3550

    8 жыл бұрын

    um no. Pennies during 1943 were made of steel

  • @btsgot7ofexosjams29

    @btsgot7ofexosjams29

    8 жыл бұрын

    you're on the internet so i shouldn't believe you.......

  • @rederratic3550

    @rederratic3550

    8 жыл бұрын

    Seth Phillips no actually I am quite well educated unlike yourself. Read up on the steal penny on Wikipedia

  • @coSocks

    @coSocks

    8 жыл бұрын

    rederratic It is copper and silver. Read what i actually said before commenting. Also i am not a 9 year old with an !Q f less than 50 like you.

  • @FeyTheBin

    @FeyTheBin

    7 жыл бұрын

    +rederratic Wikipedia doesn't guarantee education.

  • @willausterman3104
    @willausterman31047 жыл бұрын

    Considering the mint makes money on dimes, quarters, and dollars, the loss on the pennies and nickels is completely covered and then some. The mint is always in the black.

  • @disco9582
    @disco95826 жыл бұрын

    It probably also has to do with the fact that companies don't like whole numbers.

  • @CD-zg4tj
    @CD-zg4tj8 жыл бұрын

    Once Bernie Sanders wrecks the economy we will ask, "why do we need dollar bills?"z

  • @mouwersor

    @mouwersor

    8 жыл бұрын

    He has like zero experience in politics, right...?

  • @dammitdanFTW

    @dammitdanFTW

    7 жыл бұрын

    I sure wish bernie was in a position to wreck the economy

  • @danodden9783

    @danodden9783

    7 жыл бұрын

    He never had a chance idiot...

  • @randomden6968
    @randomden69688 жыл бұрын

    i wish canada still had pennies, dont get rid of them america.

  • @shawnv123

    @shawnv123

    Жыл бұрын

    i hope we don’t

  • @lildatboy196
    @lildatboy1968 жыл бұрын

    How would we get the right amount of change back?

  • @TheActiveAssault
    @TheActiveAssault8 жыл бұрын

    So now we know this. Let's stop it? Why is bribery still legal

  • @slimjimboi6874
    @slimjimboi68747 жыл бұрын

    what if u pay for something and your change is $1.47 but if no pennies how would u get that other 3 cents

  • @rjallenbach1
    @rjallenbach16 жыл бұрын

    If the pennies went away transactions would have to be rounded up or down, on a mass scale this would account for a lot of money lost.

  • @shawnv123

    @shawnv123

    Жыл бұрын

    yes

  • @rolan638
    @rolan6387 жыл бұрын

    Norway has removed their equivalent of the 5-pence coin too, like 3 years ago.

  • @sqike001ton
    @sqike001ton7 жыл бұрын

    its about stores the 19.99 cost goes to 19.95 or 20 and it also messes with taxes

  • @robox91
    @robox916 жыл бұрын

    In the USA I ditch all my change in the tip box except for the quarters. In the Netherlands we don't have 1 and 2 cents anymore and in Germany I throw them in the trash.

  • @ohmynerdiness
    @ohmynerdiness8 жыл бұрын

    What if someone needs change, and the only way to provide that amount is with a penny?

  • @cheekyfox4123
    @cheekyfox41238 жыл бұрын

    Randy Marsh: "Change? Did someone say change?!"

  • @Melissa0774
    @Melissa07748 жыл бұрын

    How are you supposed to pay with cash if you can't break it down into it's smallest element? Maybe everyone doesn't want to use credit or debit.

  • @TheModernHermeticist
    @TheModernHermeticist7 жыл бұрын

    My wallet feels much lighter up here in Canada

  • @thadcoolin6686
    @thadcoolin66866 жыл бұрын

    Just let me ask you this... what if you’re change is 4 cents.. or 1.14

  • @fieryhottacos8413
    @fieryhottacos84138 жыл бұрын

    1 and 2 cents are gone in Australia and in 5 years 5 cents will not exist, they've stopped making them

  • @joshuabernil8118
    @joshuabernil81187 жыл бұрын

    As a first generation immigrant, I still have trouble distinguishing what the difference between penny, nickel, and a dime. A quarter is easy to remember because a quarter of a dollar is guess what... 25 cents!

  • @lostwoods3025
    @lostwoods30256 жыл бұрын

    The only thing pennies are good for is when you're one cent short on something then you find a random penny in your pocket.

  • @machomilk2103
    @machomilk21037 жыл бұрын

    Removing the penny would render the most practical and useful trick in advertising and sales impossible to do. I'm talking about the .99 cent 'trick'. Something can't be sold for 1.99 or 2.49 or 99.99 without pennies due to the need of exact change. The GDP lost to manufacturing pennies themselves surely is compensated for with the money made from purchases priced this way.

  • @exlineex657
    @exlineex6578 жыл бұрын

    why not remove the second decimal point. I mean gas stations will ads an extra one to change an extra cent

  • @KevinTempelx
    @KevinTempelx8 жыл бұрын

    (Watches video). (Ponders for a second) .. "DESTROY THE PENNY!"

  • @chrissaenz1513
    @chrissaenz15136 жыл бұрын

    what do we do when we go to the store and things cost $1.08 how are we gonna pay with dimes and nickels but no pennies

  • @RobertNewstrand
    @RobertNewstrand6 жыл бұрын

    Will our taxes be different without the penny? How will taxes in general change without the penny?

  • @vetroman84
    @vetroman848 жыл бұрын

    So how do you make exact change?

  • @yeahnoway111

    @yeahnoway111

    7 жыл бұрын

    like everyone else?`Round to .5, But with credit card you'll get exact change

  • @vetroman84

    @vetroman84

    7 жыл бұрын

    But someone will loose, if rounded

  • @skrubgrill2615
    @skrubgrill26157 жыл бұрын

    Little old Lincoln must be kinda sad right now...

  • @rvrmdude
    @rvrmdude4 жыл бұрын

    One of your pennies is a quarter in my country's currency. So imagine how worthless coins are here . Nobody wants to carry them.

  • @Hiphop101ize
    @Hiphop101ize8 жыл бұрын

    You'd also have to alter prices and sales tax. Without a penny I couldn't pay exact change for something that cost 99.99 or pay 106.66 in total with the sales tax calculated.

  • @yellowhammer3
    @yellowhammer38 жыл бұрын

    say what you want, I pick up every penny I find. I've filled up two large jars over the years and working on the third

  • @devilsposterboy
    @devilsposterboy8 жыл бұрын

    when when it comes out to 10.01 at the register wtf am I supposed to do

  • @faded9581
    @faded95817 жыл бұрын

    May be a dumb question, but if you want a candy bar that costs $1.37, and you don't have a credit card, what do you do? Overpay? That adds up after a while.

  • @wills5440
    @wills54407 жыл бұрын

    Nickels also cost more to make then they are worth. They are not pointless because most states do not have a flat number for sales taxes (New York is 8% NJ is 7%) so its really more trouble than its worth to remove the penny

  • @cjracer1000
    @cjracer10008 жыл бұрын

    It's the same thing as with filing taxes. Sure, it could be done automatically but then H&R block would lose most of their customers.

  • @skyflier8955
    @skyflier89558 жыл бұрын

    "It costs two cents to make a penny" that might be true, but it costs the same to print a twenty dollar bill as it does to print a one dollar bill.

  • @CatThingy

    @CatThingy

    8 жыл бұрын

    but does printing a one dollar bill cost more than one dollar?

  • @btsgot7ofexosjams29

    @btsgot7ofexosjams29

    8 жыл бұрын

    +CatThingy no

  • @erinschneider3212
    @erinschneider32127 жыл бұрын

    There is a store in my town that has a ride for children which is a penny per ride. It's been like that for eighty years (Meijer is the name of the store, might have heard of it...) It would be a shame to see the penny go.

  • @cezane
    @cezane8 жыл бұрын

    CGP Grey made a great video on pennies called 'death to pennies'.

  • @deadfr0g
    @deadfr0g7 жыл бұрын

    "Nickel pincher" just doesn't have the same ring to it.

  • @WASDsweden
    @WASDsweden8 жыл бұрын

    Sweden removed our smallest coin worth about 6 cents like five years ago. The smallest today is 12 cents.

  • @tixeright9120
    @tixeright91208 жыл бұрын

    Considering taxes are the reasons I get pennies back in change, I find it rather ironic the government is forced to spend more money to produce pennies than they are worth. Do I want the US to get rid of penny's when they have local, state, and probably eventually federal sales taxation, no, I do not. Because if they axe that currency, they won't be rounding taxes down, they will be rounding taxes up!

  • @chilidog2469
    @chilidog24696 жыл бұрын

    When people finally get rid of the use of Pennies, I’m the first person in the area to take in all pennies... Even if they’re useless

  • @ZChiller666
    @ZChiller6668 жыл бұрын

    I honesty have thrown pennies into the garbage can before they're just useless to me.

  • @michaelpucci1415
    @michaelpucci14156 жыл бұрын

    How would giving change work in a country without VAT?