Sunday, July 02, 2006

Are You Fucking Kidding?

Hey, let's get rid of the penny as a monetary denomination! There was actually a story about this on MSNBC. Slow news day, eh?

Among other things, a prime piece of "evidence" for the unnecessary nature of pennies is that it costs 1.6 cents to make one cent. It also costs 6 cents to make a nickel.

And...SO?

It costs (made up number follows) 85 cents to print a $1 bill. And you know what? That's like 25 pennies' worth of cost overrun, or 15 nickels. And for the $100 bill...well, just look the fuck out! That's a profit margin, let me tell you!

Money has NO intrinsic value, shitheads! It DOES, however, have IMBUED value that we NEED so we can PURCHASE stuff without carrying sacks of GOLD BULLION around with us. Money is a token for the purpose of exchange, NOT an investment by the US Mint. This "debate" ought to be about civil society: did you know it costs the government billions of dollars to run our schools--and yet schools don't produce a single DOLLAR of revenue?? CLOSE 'EM DOWN!!!!!

"Let's get rid of pennies, dude!" "Yeah, man, 'cause I hate having to spend them and stuff!" "Me too! It's not like banks will exchange them for other coins or even bills!" "Word!" "...and I mean, who DOESN'T want to pay 1 cent more for every item that's priced $--.99??"