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1 and 2 cent pieces, what do you think about removing them? (feddit.de)

submitted 1 year ago by [email protected] to c/[email protected]

157 comments fedilink hide all child comments

They're not worth anything, never were but even less through the years with inflation.

If a store wants to sell something for 99 cent, they can either just take 1€ or 95 cent.

Maybe even 5 cent pieces? But that would be a bit radical.

I am a bit annoyed that easy ideas like this are never discussed in politics, or wherever. It would make our lives just a little bit easier, and having them achieves NOTHING.

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[–] [email protected] 2 points 1 year ago (1 children)

If anyone can just produce money like the Venezuelan government the currency would also be just as worthless as the Bolivar. Well not really, the coins would at least have exactly the value of the metal inside it, which is better than the Bolivar.

At that point you would just have the good ol' monetary system where each coin is worth exactly the silver/gold it weighs with all the associated drawbacks.

[–] [email protected] 2 points 1 year ago

Absolutely aware of that. Still couldn’t resist to make a bad dad joke :D