this post was submitted on 15 Jun 2024
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[–] pixeltree@lemmy.blahaj.zone 0 points 4 months ago (3 children)

Ngl I can't even think of anything that only costs a dollar nowadays

[–] themeatbridge@lemmy.world 1 points 4 months ago (1 children)

In 1857, Congress eliminated the half penny because it was worthless.

At the time the buying power of the half penny was more than a penny, a nickel, a dime, and two more pennies. 18 cents was the value when Congress said it was not worth making the coin anymore.

We could eliminate three of our coins without affecting the economy, but doing so would draw attention to inflation.

[–] cybervseas@lemmy.world 1 points 4 months ago* (last edited 4 months ago)

Okay but now we have a zinc lobby so ¯\_(ツ)_/¯

[–] Vej@lemm.ee 1 points 4 months ago

Well, it could be around a dollar.

[–] Mongostein@lemmy.ca 1 points 4 months ago

Yeah it’s time to do away with ¢ and have something above $s