Do away with the penny?
Moderator: Aitrus
Re: Do away with the penny?
I bet I put more copper in wiring in a single building than a whole year worth of penny minting consumes. I think they are only made of 2% copper... it may be propping up the zinc market though
... and yeah unfortunately 118M might seem like a lot to us but it isn't... the war will blow through that in about an hour... 118M is about 3 thousandths of one percent of our yearly budget. They would probably spend ten times that doing a study on whether or not they should discontinue the penny.
Fund Prices2026-08-17
| Fund | Price | Day | YTD |
| G | $20.14 | 0.04% | 2.80% |
| F | $20.82 | -0.18% | -0.28% |
| C | $124.78 | -0.51% | 13.94% |
| S | $120.64 | -0.28% | 20.15% |
| I | $66.42 | 0.07% | 19.68% |
| L2075 | $12.94 | -0.28% | 16.67% |
| L2070 | $14.81 | -0.28% | 16.67% |
| L2065 | $25.00 | -0.28% | 16.67% |
| L2060 | $25.00 | -0.28% | 16.68% |
| L2055 | $25.00 | -0.28% | 16.68% |
| L2050 | $47.37 | -0.23% | 14.00% |
| L2045 | $21.25 | -0.22% | 13.29% |
| L2040 | $76.32 | -0.20% | 12.59% |
| L2035 | $19.76 | -0.18% | 11.79% |
| L2030 | $64.06 | -0.14% | 10.26% |
| Linc | $31.14 | -0.06% | 6.49% |
