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    • themeatbridge@lemmy.world
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      5 months ago

      In 1857, Congress eliminated the half penny because it was worthless.

      At the time the buying power of the half penny was more than a penny, a nickel, a dime, and two more pennies. 18 cents was the value when Congress said it was not worth making the coin anymore.

      We could eliminate three of our coins without affecting the economy, but doing so would draw attention to inflation.

    • Mongostein
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      5 months ago

      Yeah it’s time to do away with ¢ and have something above $s

      • SwingingTheLamp@midwest.social
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        5 months ago

        The dollar is metric, so we already have such a system. People often use kilodollars already, e.g. writing $2k instead of $2,000, but we could start using decadollars ($10) hectodollars ($100), too.

        • Mongostein
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          5 months ago

          Good point.

          I guess I would be a decanaire then!

          … I’m so broke. Send me your leftovers.