March 12th, 2008 at 4:31 pm

Congress Takes Up Coin Modernization

in: Fun

Congress held a hearing yesterday to consider replacing zinc pennies with steel pennies. Ron Paul was there and made a statement about how the penny was worth the equivalent of $0.47 in the early 20th century.

You can watch a video of the hearing. But nobody is talking about the solution that makes sense: drop a decimal place in prices and eliminate the penny, nickel, and quarter. What do I gotta do to get my proposal to congress?

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