(WARNING. MINOR RANT.) Pennies made the news again. Last night they were talking about them on Nightline: If Laws Change, ‘Penny Hoarders’ Could Cash in on Thousands of Dollars
There are two important points to learn:
- The old saying “a penny saved is penny earned” is absolutely correct for you can make a lot of money collecting pennies!
- Apparently our increasingly corrupt and inefficient government is actually, seriously looking at yet another way to sneakily pick our pockets, all the while claiming it will “save money.” They must think we are sheep who are too “dumbed down” to think it through and challenge them. Are they correct?
Well, for those who are new to my blog, or who may not have read it before, I did the easy math and wrote a short article with a simple chart showing what would really happen. Hold on to your wallet and click here for that post: Eliminating pennies makes no cents and no $en$e.