• MrMcGasion@lemmy.world
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    3 hours ago

    Yeah, but honestly getting rid of coins is an admission that inflation is high relative to 40-50 years ago. When pretty much every government wants to keep that fact out of the public consciousness. Especially the current US government who wants to both claim we don’t have inflation at all, and are the ones getting rid of the penny.

    I’ve been saying we should drop the penny for almost 2 decades, but I still kind of look at getting rid of the penny as a sign of our current government’s abysmal handling of inflation.