Quote:
Originally Posted by jammertime  Bonus Off Topic Cent: The U.S. and Canada should get rid of the 1 cent coin. |
Totally disagree.
The penny is only worthless because the government constantly inflates the money supply to deficit spend. The further you get from the penny, the closer you are to what is happening in Zimbabwe.
In August of 2007, they issued their first $200,000 bill.
In January this year, they issued their first $10,000,000 bill.
We need our governments to show some restraint and use an intelligent monetary policy.
Back to topic,
This will probably blow over. I don't see many more millionaires coming out and potentially compromising their careers.