Friday, March 30, 2012

Canadians Have The Answer In Numismatics

They pulled their $1 and $2 bills years ago and replaced them with coins--which is certainly reasonable, since coins should be for "small change" and notes for larger expenditures. We should do the same.

What good are pennies anymore? None, and the Canucks are yanking them:
The Canadian government announced on Thursday that it plans to pull the penny from circulation at the end of 2012, saying the copper-coated currency is more expensive for the Royal Canadian Mint to produce than its actual currency value.
I don't often say that we should follow the lead of our friends up north, but in this case we should.

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