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A penny is worth almost nothing at this point, thanks to the debasement of currency, and each one minted is a net loss. Rather than destroy the penny, why don't we fix the money?

Because ending the Federal Reserve is suicide, simply destroy all currency denominated under $1000. Yay, inflation is fixed!

I have a small collection of Norwegian crown pennies, one of those is worth roughly $0.001. Only thing you could purchase with those was a single piece of candy back in the 50's. Looking at one of them now out of nostalgia I noticed that those essentially worthless coins also have ridges. Somewhere, at some point, a jew was carving the ridges of coins worth 1/10 of a penny. This was back in the days when the monetary value was still higher than the price of the raw material. 🤡🌎

I posted this in the Donald and the are licking the boot. They want to eliminate hard currency completely.

Or we could unironically burn large pits of money so that pennies would once again be of value.

I doubt it. Removing a low denomination, or reintroducing a higher one (like the 500- or 1000-dollar note) makes a powerful statement that can't be taken back. It'll lock into the American mind just how bad inflation has become. Losing a coin we've had (the small cent) since 1856 is big news.

Good, pennies are like windmills, more energy/resources go into their creation then they will ever produce of be utilized as.

could be worse https://www.amazon.com/YTYOTO-Learning-Plastic-Teaching-Register/dp/B0BL6DR3DQ/

[And this is why I don't want pennies to be removed](https://files.catbox.moe/igwu3l.png)

I thought that decision was made 3 years ago--to stop minting new pennies.

when obsolete penny discussion was going on 25 years ago, i remember hearing there was a lobby for the zinc industry that paid off the right senators to keep the penny gravy train going