The news informed me that the U.S. Mint struck its last penny, (“ U.S. Mint set to strike its final penny, ” Nov. 12). The reason being that it cost four cents to create something that is only worth one cent.
This is faulty logic. Pennies aren’t a commodity for which one figures the cost. They are a tool used to transact business.
How long do pennies stay in circulation? What is the life of a dollar compared to its cost? And without pennies, how will we teach kids to make change?
Nancy Thornton, Yamhill
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