DEAR BRITONS OF FFXIO

[Feba]

Your currency is beautiful. I want to hop into bed with it and fondle it in places until I fall asleep in a sea of ecstasy.

[Grizzlebeard]

Re: DEAR BRITONS OF FFXIO

I'll remember to bring some over if I'm ever in Kansas.

[Solymir]

Re: DEAR BRITONS OF FFXIO

Nice.

I need some education though. I understand the pence and the pound. I had no clue you guys have a penny. What's it worth in relation to the pence.

[Mhurron]

Re: DEAR BRITONS OF FFXIO

I understand the pence and the pound. I had no clue you guys have a penny. What's it worth in relation to the pence.

Pence is the plural of penny. In the late 60's or early 70's British coinage decimalized, making 100 penny's to the pound.

Pound sterling - Wikipedia, the free encyclopedia
Apparently it was in '71.

As for the design, neat.

[Feba]

Re: DEAR BRITONS OF FFXIO

I'll remember to bring some over if I'm ever in Kansas.

Well, you know, everyone comes to Kansas eventually.

[Solymir]

Re: DEAR BRITONS OF FFXIO

Is the penny becoming as useless over there as it is here? Can you buy anything with just 1?

[Yellow Mage]

Re: DEAR BRITONS OF FFXIO

Can you buy anything with just 1?

I don't think you can.

[Caspian]

Re: DEAR BRITONS OF FFXIO

I keep hearing rumors that they're going to discontinue the penny here, since its not economically viable to continue produce it. Only reason that I think they do still make it is that people get nostalgic and don't want them to be gone.

[Queen Uma]

Re: DEAR BRITONS OF FFXIO

I don't think you can.

The penny sweet would disagree.

10p mix - cola bottles, chocolate mice, fizzy colas and so on ... yummy.

[Solymir]

Re: DEAR BRITONS OF FFXIO

The penny sweet would disagree.

10p mix - cola bottles, chocolate mice, fizzy colas and so on ... yummy.

I know they used to cost a penny, but is that still the price? Where do you buy them from?

[Feba]

Re: DEAR BRITONS OF FFXIO

Only reason that I think they do still make it is that people get nostalgic and don't want them to be gone.

And because the only reason the government would eliminate the penny right now is because Obama is a power hungry madman who wants to:

1- Replace Lincoln as America's Favorite President
2- Retroactively cancel the Emancipation Proclamation and bring blacks back into slavery
3- Give fat kickbacks to his corporate sponsors by allowing them to shave up to 4 cents off purchases through an 'automatic round up' law; while SIMULTANEOUSLY using the same money to raise taxes every time you buy even AMERICAN CORN AND POTATOES.

Replacing the penny seems perfectly rational, if you're a communist.

[Caspian]

Re: DEAR BRITONS OF FFXIO

Actually kinda figure 3 is plausible. Adding a couple pennies for most things isn't going to affect the consumer much, but the producers could see a pretty big loss in revenue if everything was rounded down by a few cents for every item. Especially the little stuff where the profit is made from selling lots of units.
Ofcourse you could also make an argument for trying to phase out paper money altogether.

[Feba]

Re: DEAR BRITONS OF FFXIO

Actually, one or two other countries have phased out their penny (equivalents) and switched to full time nickles. They just round up and down; typically 2 cents is free for the consumer, 3, 4, and 5 are to the benefit of the retailer. It's not like we don't deal in mils anymore (gas prices being the most obvious example), but it's not really a problem with the penny. Removing the penny is just bringing that up one.

Whatever benefits you get from rounding up/down are pretty irrelevant though compared to the overall benefit of removing currency as useless as the penny from circulation. Having the price always round up and putting the rest of the money into taxes would still be a net gain for the population at large-- the time saved by not dealing with pennies would add up at retailers, let alone at banks, mints, and so on.

EDIT: See http://en.wikipedia.org/wiki/Efforts..._United_States . Personally, I'd like to see the 50 cent piece revived, as well as one, two, and five dollar coins brought into common use.