Midlife Musings

A blog by John W. Kennedy

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currency

Time to Retire the Penny

Thursday, April 17th, 2008

In the 18th century Benjamin Franklin quipped, “A penny saved is a penny earned.” In the 21st century, a penny won’t earn you much. In fact, the one-cent piece is really only a nuisance, and an expensive one at that.
A couple of years ago, the penny began to cost more than its worth. Now, rising […]