Inflation has slashed the value of the penny by a third in just the past decade. But eliminating the penny via a social media post could cause more problems than it solves. In the middle of Super ...

In the middle of Super Bowl LIX, President Donald Trump posted on social media that he was getting rid of the penny. Since the lowly penny in 2024 cost about 3.7 cents to make – meaning the ...

Jay L. Zagorsky does not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and has disclosed no relevant affiliations ...

(The Conversation is an independent and nonprofit source of news, analysis and commentary from academic experts.) Jay L. Zagorsky, Boston University (THE CONVERSATION) In the middle of Super Bowl ...

The 1792 act also required the mint to produce "Half Cents—each to be of the value of half a cent." These coins were eliminated in 1857 by an act of Congress . Similarly, before 1965, many U.S ...

the United States’ second Congress passed the Coinage Act of 1792, which was signed into law by President George Washington. The act, which lays out how the mint operates and what it produces, says it ...

Eliminating the penny via a social media post could cause more problems than it solves. How to Stop Making Cents President Donald Trump announced this week on social media that he is instructing ...

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