>John Oliver’s recent segment about the total worthlessness of the penny validated a lot of feelings — and he totally isn’t alone in his penny hate; There’s a number of people who get really fired up over the one cent coin — more specifically over why they are still a thing.
https://www.youtube.com/watch?v=_tyszHg96KI
hmm watched the skit, not bad, never seen this bloke before.
i melt down 1982 and prior pennies for the copper to add to my melts during my casting sessions.
>>56796434
I cant stand john oliver. But i heard from word-of-mouth that it seriously takes 5-6 cents to create a penny
>>56796434
listening to this guy gives me acid stomach
>>56797579
It costs 1.7¢ to make each 1-cent penny.
>>56797602
reading this post gives me fart butts
Americans seriously have pennies in the current year?
>>56797751
lel
well you get the point
Cracked doesn't seem to like pennies either
https://www.youtube.com/watch?v=Jp4x-XpfTQ0
>>56797737
ya, maybe i was a little over. but still the cost is greater than 1cent
>shit you read on the bottom of a snapple cap
the current year meeemee man is right imo
>>56798111
Ending your show for the year (this was Oliver's last segment for 2015) by talking about pennies is a really weak way to go out, though.
Who really cares about this issue?
>>56798084
Nickels and pennies cost more whereas dimes and quarters cost less. It balances out.
>>56797455
>melt down 1982 and prior pennies for the copper
What do you make? jewelry?
Why pre-1982?
>>56796434
DUDE
WHOLE FRACTIONS OF A CENT
LMAO
>>56798408
In 1982 they switched from copper to zinc as main (95%+) component
>>56796434
We don't have pennies here anymore. Its really convenient actually, besides the fact that a penny takes more than $0.01 to make.
>inb4 monopoly money
Just stop minting pennies and make it legal for anyone to do it if they are actually butthurt enough.
>>56797455
Neato, anon.
>>56796434
>Quoting leddit in a TV show
>Asking audience to make le may mays
If you get rid of pennies you really don't have a decimal currency. When enough currencies do this, conversion becomes difficult.
>>56796434
Hasnt this bit been done 20,000,000 times already? Fucking get some new material 2015man
>>56796434
Hes a fn idiot. All we have to do is make them from something cheaper than copper.
You know the best thing about pennies? When you have 100 of them, you have
>a dollar
Surely you people realize that if we eliminate pennies, all those prices are going to ROUND UP to the nearest 5 cent mark, right? It's just a ploy for the Jews to take more money from us.
>>56796434
Penny hate is a quirky, unique cause for special snowflakes!
>I work at a gas station
>Everyone throws their pennies in the tray
>I use them to make whole silver amounts in change until they are gone
>my face when I go to another store and see a giant jar full of them sitting next to the register.
>>56797737
Canada switched to dollar coins because although coins cost more to produce they last longer than dollar bills which saves money.
>>56796434
There a thing because they increase sales. 3.99 sounds better the 3.95 or 4.00 even though the difference to travail. Your more likely to buy it.
>>56799506
We round down from $0.02 and up from $0.03. Balances out.
![Penny2-eng[1].jpg](https://i.imgur.com/qUSpd0E.jpg "Penny2-eng[1].jpg")
>>56799506
Us syrupniggers got rid of the penny recently, rounding scheme is in pic
Doesn't cost any more, and stores don't round when you use the plastic jew
>>56796434
There's a great reason to own pennies.
Throwing them at John Oliver.
>>56799621
>You're* more likely to buy it.
I've yet to see any reliable data which confirms this belief.
But I'm open-minded enough to review it.
fuck i hate pennies
>>56796434
They make fantastic projectiles.
https://www.youtube.com/watch?v=cDgXfsYr1Do
>>56797602
nothing wrong with how this post is constructed, me too
>>56798474
Running .7 deficit on every penny made
200+ billion penny's.
That's... 140,000,000,000 dollars
I just use Apple Pay and credit cards. You know, like everyone who isn't a nigger or an inbred hillbilly.
>>56799651
>>56799663
Only saps will round down their prices.
>price ends in 2
>oy veys mir, rounding down at the hall of cost
>raise price by 1 cent
>ah a mitzvah, now I can round up
Yeah, the slimey limey actually sometimes makes funny shit.
>>56796434
Why not just halve the size of the penny?
>>56800065
>Intelligent people use Apple services.
>>56798408
>Why pre-1982?
It was when money was actually something of worth instead of just a token. If you find old banknotes they have how it's merely a certificate in lieu of gold (this was more prevalent during the great depression) and how those notes could be immediately swapped back for gold once the recession was over with. Naturally all they did was phase out the wording until you had swapped your nice shiny gold that has a practical means and purpose for a literal piece of paper worth less than the denomination printed on it. I think someone was behind it but I can't for the life of me think who could be this greedy.
>>56796434
Deapite John Oliver being a total faggot and being completely wrong when it comes to big issues he does bring up the more random issues that i actually agree with. Fuck pennies, they can suck my dick.
>>56800065
>Uses NSAPay and Jewsa Cards
>Somehow things this makes him superior to people who pay cash
>>56800095
It's rounded after tax, so It's very difficult to price everything so that every combination of goods results in the maximum 2 cents rounding up.
At most, you'd be paying an extra 2 cents per transaction. Literally nothing.
>>56800155
>In this moment, I am euphoric. Not because I use high-quality electronics. But because, I am enlightened by my Android device
>>56799709
Come to think of it I haven't either. Just what I've always heard.
Companies seem to believe it though and it sounds logical.
>>56800223
>oh my god the NSA knows about my McDonald's habits!
>we must ensure a future for our children and the white race
keep fighting the good fight, Cletus!
Americans still use the imperial system so I doubt they'll be getting rid of the penny any time soon
>>56799709
what a faggot
Dear John Oliver,
FUCK. YOU.
By removing the penny from the American economic system, you are effectively removing any use of the 'Penny Machine' which can be found at tens of thousands of establishments all throughout the world. These not only bring in extra revenue for the companies that house them, but also create jobs in the process; these things don't just appear out of thin air you piece of shit.
What I take from this:
1) John Oliver doesn't support Mom & Pop businesses
2) John Oliver doesn't support job creation
Go to hell, John Oliver, you socialist communist crooked teeth limey smelling faggot.
Sincerely,
Freedom
>>56797800
>current year
IT'S
>>56800065
This. Get a Mac, the neurotypical's choice.
>>56800231
>It's very difficult to price everything so that every combination of goods results in the maximum 2 cents rounding up.
Because when you're a manager sitting on your ass in the office plugging in retail prices, you usually have more important things to do than reach over and type:
><2><.><3><6><+TAX> in the adding machine.
>>56797800
Problem Sweden?
>>56800318
Inflation runs at 3 percent a year, at some point all existing coins will be worthless and will be hoarded for melt value. The better thing to do would be to abandon coins all together. We live in the electronic age and are still trying to use money tech from BC.
>>56800207
>gold is practical
>paper money is not
I hope that in time you'll realize what an idiot you've been.
This happened to me last year
>went to store with friend on the way back from a road trip
>was hungry af
>wasn't buying anything just keeping friend company while he was
>waiting in line
>notice they have beef sticks advertised for $1
>all I have is cash on me
>grab the beef stick to buy it
>cashier rings it up
>total comes out to $1.01
>the only bills I had on me were $1 and $20
>no take a penny/leave a penny jar
>had her cancel the transaction
I'm not going to break a $20 bill over a penny, fuck you.
![17672377[1].jpg](https://i.imgur.com/G6wKIxP.jpg "17672377[1].jpg")
>Jews tired of hurting their backs bending over for small change
>want that change eliminated
>will happily round all totals up to next nickel for you though
We got rid of pennies in maple land, its much simpler.
Say you buy something for 3.04$, your actual price paid is rounded to 3$
Say you buy something for 3.06$, your price paid will be 3.10$
3.05 stays the same, as you can pay with a nickel.
>>56800414
What's stopping you from just doing a quarter machine?
>>56800691
Paper money has no real worth other than us telling each other it has any worth.
Gold didn't just become the standard for paying for goods for no reason, it is nearly indestructible and is the most non-reactive metal that exists. It was used waaay back because people realized that a near timeless object would be the far best solution for trading and paying for services.
Without pennies how will I give people my 2 cents?
>>56801535
VIA your Jew controlled credit or debit card, goy.
>>56799269
Smells like maple syrup, with exchange rate keked like Europe!
![7405088148_4ddb042b64_b[1].jpg](https://i.imgur.com/fKtWhql.jpg "7405088148_4ddb042b64_b[1].jpg")
>>56799709
I only have access to the abstract, but studies have been done confirming it.
http://link.springer.com/article/10.1023%2FA%3A1023581927405
There is a huge amount of study on the use of psychology tricks to make the goy consume more. We are easily tricked. (This same psychology is used extensively in MMOs, and especially the new plague of pay-to-play microtransaction games.)
Most of the research on retail psychology isn't published, however. Businesses spend millions on their own internal research then keep that hidden. Releasing your findings publicly only aids competitors.
>>56799411
>2.5 = 5
<2.5 = 0
????
>>56798233
Jews.
So, he does.
>>56801935
>2.5=3
<2.5=2
Intelligent Motherfucker, do you speak it
>>56801113
Why would you waste a perfectly good quarter
>>56800241
Why are you proud of using apple products?
>>56800414
>>56796434
>Linking to a shitty Last Week Tonight
>Raising this issue in 2015
>Ignoring a better, factual, scientific video from fucking 2011
Link shit right, you fag
https://www.youtube.com/watch?v=y5UT04p5f7U
>>56799498
That's doesn't fix all the problems, see video I linked (since JO is annoying as fuck)
>>56799515
Wrong, there are plenty of rational economic reasons for dropping lowest nominals of money as inflation moves ever onwards and they get less and less valuable every year.
>>56801344
>Most un-reactive
Ahem. That's Platinum, bud.
>>56799411
Between 0 and 5 there are 4 integer values.
0
1
2
3
4
5.
The decimal split occurs at between 2 and 3, and two integers that aren't 5-factorable are on both sides.
1 and 2 go to 0, 2 and 3 go to 5.
tl;dr it doesn't matter bruv
>>56801113
Quarters can be used on better things, such as claw machines. The use of a penny here is perfectly logical.
>>56797455
I mean it's 1982, come on
>>56796434
>2015
>having penis
>We overinflated our currency!
>A single piece of the smallest unit of currency cannot be used to buy things anymore!
>Let's get rid of it and keep inflating!
>>56800754
Where the fuck are you shopping that has a 1% sales tax?
>>56797455
Surely it must cost you hundreds of times more in fuel to melt them?
Not even counting the time it costs you to sort every penny.
>>56803160
Paper currency needs to go. It is 2015 after all.
>>56800288
>Living in Jew York
>Being called Cletus by someone with an admitted McDonald's habit
mfw
>>56802529
>some idiot is proud of NOT using Apple products
>mock him for this ironic stupidity
>and then there's Sven
cocked both in mind and in body
RIP Sven 2015
>>56802631
Your support is much appreciated brother.
Everyone needs to think of the fucking Penny Machines.
>>56802724
>Most recent video
>Literally wanks over Guns Germs and Steel
FFS
>>56803160
>Not realising that the USD is one of the least inflated currencies worldwide, and that the way to deflate the currency would be overall market deflation and inevitable crash.
>Not realising that gold backed currencies face government and general inflation when markets expand in polynomial or exponential terms beyond the linear growth of gold production
>Not knowing that fiat currencies need to be replaced over time to deal with natural inflation
>>56798406
You retard. The goal isn't to break even.
The penny is noise. It's use is relegated to amusing toddlers. It should have been eliminated 20 years ago. It won't harm a thing.
>>56803269
The store was called rural king.
>>56797455
only a fucking nigger would melt American currency for scrap metal....
I hope you contract Aids!!
>>56796434
>Not using 2015 penny as picture for OP
I mean come on it's 2015
>>56802338
Sorry I'm high
>2.5 is 5
<2.5 is 0
Lmoa legalize crystal weed
>>56800754
>Not including VAT as part of the price
I forgot you guys did this........why?
>>56796434
But pennies actually are useless
>>56796434
Why the fuck would 2015 man spend time talking about pennies, when shit is going down in the middle east, and he still needs to talk about these "innocent refugees".
>>56798049
>Durrr...stop making pennies so we can GIBS DEM DAT $105 MILLION.
