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#21
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"Fred" wrote in message ... Agreed, I use them everyday. I throw a few into my pocket with the rest of my change when I leave the house in the morning. Fred Every now and then I use them for tolls. I like heraing the machine click away trying to count them. "Allen McBroom" wrote in message . 97.132... Let the newsgroup scroll proclaim that (JSTONE9352) scribed upon its pages in news:20031031173325.06825.00000038@mb- m23.aol.com: . The govt. keeps making them but not many people really use them on a daily basis. As a merchant, I use them every day, making change. Many people really do use them on a regular basis. -- Allen McBroom www.NPSTKD.com Remove WOOF when replying by email |
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#22
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Dr. Richard L. Hall wrote:
But I do that with all my change. Maybe we should round to the nearest dollar, then. I haven't heard a convincing argument yet why the cent should be eliminated. It's the same old sorry arguments. What would it take to convince you? I'm not going to go through the same old arguments again, but I do wonder: are there any circumstances that would consider an appropriate reason to eliminate the one cent coin? -- Bob |
#23
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David Hollister wrote:
Strike US commems all you want, but I hope they never change the face of US money. Really, David? You want Abe, Tom, Frank, and George to grace our coinage forever? -- Bob |
#24
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Serenus Zeitblom wrote:
Having 8 different denominations in circulation is just one of the things that makes numismatic life in Europe so much fun. In the US we only have 4 [in practice] and you want to reduce that to 3? Actually, I'd like to stay at 4 -- kill the cent, and make the dollar coin circulate by killing the rag-buck. -- Bob |
#25
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Coin Saver wrote:
From: "Fred Shecter" http://www.expatica.com/index.asp?pad=2,18,&item_id=35383 How about the USA? Didja notice the idea was to round "up" on all items? Yes, rounding up every transaction is a bona fide stupid idea. Rounding to the nearest nickel, OTOH, makes sense. -- Bob |
#26
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Let the newsgroup scroll proclaim that "Dr. Richard L. Hall"
scribed upon its pages in ink.net: But I do that with all my change. Maybe we should round to the nearest dollar, then. I haven't heard a convincing argument yet why the cent should be eliminated. It's the same old sorry arguments. Round to the nearest dollar? Please! I have enough grief as it is. People here count cents, and if I round up, the customer will complain he's paying too much. If merchants round down, they'll complain it's hard enough to survive as it is. Cents may seem inconsequential, but in today's economy, where profit is measured in single percentage points (in most cases), they are viewed as the difference between paying the bills and bankruptcy. Besides, what would you do on sales of 76 cents? Ask the customer to pay 25 cents (a full third) more? Believe me, LOTS of sales are in that range. Even rounding to the nearest nickel would generate ire. -- Allen McBroom www.NPSTKD.com Remove WOOF when replying by email |
#27
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"Bob Flaminio" wrote in message ... Dr. Richard L. Hall wrote: But I do that with all my change. Maybe we should round to the nearest dollar, then. I haven't heard a convincing argument yet why the cent should be eliminated. It's the same old sorry arguments. What would it take to convince you? I'm not going to go through the same old arguments again, but I do wonder: are there any circumstances that would consider an appropriate reason to eliminate the one cent coin? Merchants could price everything to the nearest nickel. But you would still have sales tax. And, IMHO, until you eliminate the sales tax, there will be a need for a cent. And, I think you'll see pigs fly before the sales tax is eliminated. |
#28
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Bob Flaminio wrote:
Yes, rounding up every transaction is a bona fide stupid idea. Rounding to the nearest nickel, OTOH, makes sense. The latter is exactly what is done in Finland and is now discussed in the Netherlands. (Except maybe that we don't call the 5 cent coins "nickels" g.) No idea where this interpretation of "rounding up" comes from ... Christian |
#29
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Obviously you did not read the article.
http://www.expatica.com/index.asp?pa...&item_id=35383 The stupid people trying to whip up fear are telling gullible folks that all the rounding will be "up". This is a lie. It will be basic, simple rounding to the nearest 5 cents and it will be equally up and down - resulting in ZERO difference in the long run. They teach this in grade school. Little children can understand it. -Fred Shecter -- ""Remove "zorch" from address (2 places) to reply. "Coin Saver" wrote in message ... From: "Fred Shecter" http://www.expatica.com/index.asp?pad=2,18,&item_id=35383 How about the USA? Didja notice the idea was to round "up" on all items? Won't work here. If the retailers round all totals up to the next nickel, they'll gain complaints and lose customers. Then the next wave of popular 'fad ads' would be: "We Don't Stiff OUR Customers By Rounding" Now, if all merchants rounded "down", then you might have a chance. BUT then, some corporate flunky will tell the bosses how many thousands of dollars in revenue they're losing by down-rounding, and that will be that. 8-/ Coin Saver |
#30
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On 03 Nov 2003 "Dr. Richard L. Hall" wrote:
"Bob Flaminio" wrote: Dr. Richard L. Hall wrote: But I do that with all my change. Maybe we should round to the nearest dollar, then. I haven't heard a convincing argument yet why the cent should be eliminated. It's the same old sorry arguments. What would it take to convince you? I'm not going to go through the same old arguments again, but I do wonder: are there any circumstances that would consider an appropriate reason to eliminate the one cent coin? Merchants could price everything to the nearest nickel. But you would still have sales tax. And, IMHO, until you eliminate the sales tax, there will be a need for a cent. And, I think you'll see pigs fly before the sales tax is eliminated. Probably so, and it is likely that any "laws" about rounding could be considered to diminish "States Rights". The liberals in Washington may want to increase federal control "to make things utopian for everybody, but thank the Constitution for States Rights and freedom from interference in commerce and trade. Joe Fischer |
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