How archaic. I like being penny free. Thoughts are pricier now though. I guess Australia led the way. So what countries use and what don't?
Canada is just phasing them out now, rounding up and down, using up the last batch. I'll always remember fondly the penny candy of my childhood (boy jujubes, definitely!) and unfondly the $999.99 price-tags. I do hope it's the end of that pervasive stupid ploy!
My Mum always said "look after the pennies and the pounds will look after themselves." I looked after the pennies and retired with about ninety-five of them. The pounds looked after themselves. I never saw them.
So you obviously agree with a "NWO"? After all it's planned that over time the more developed countries will move directly to "dematerialisation of currency", removing the physical money in the form of notes and coins, to just use digital methods of transaction. The removal of a penny here and there in currency is just one small step towards that globalised goal. The problem is however that our cultures already have had significant changes in our practices of spending money, for instance initially it was viable to "Barter", where you would talk to a shop keep about what you think a product is worth and work out if they will sell it to you for that price (below the RRP), however nowadays people buy inferior wares at RRP without question, bartering is limited to personal exchanges of merchandise like buying a second hand car. It seems that the posed notion of progress through dematerialisation isn't actually progress at all, at least not for the consumer, only the "phat kats".
@ Stryder, I was just curious what countries still use pennies as I'm finding it so nice not to have a mitful of pennies. I have no problem with currency and although my ancestors made much money from printing it is sad that it has died off in such a drastic way (including the downfall of currency). Bartering still exists, and if the governments can curb the trend towards wallmarts and targets, maybe we will see more family owned businesses where bartering can still prevail. One Christmas I received over $70 in atm fees, so have since then preferred using cash during that time. It was a rude awakening about bank fees and am now with a main bank that charges no bank fees. (pc financial).