Search This Blog

Thursday, August 09, 2012

Did You Know?

Did you know that the United States Mint still produces pennies?

I stumbled upon the penny in this picture today. It felt fake. I thought it might have been some sort of foreign currency that had slipped through the cracks.

2012 and we are still making pennies?

Am I the only one that sees this as slightly absurd? I mean the days of penny candy and penny cartoons are long gone.

Shit, the value of a dollar ain't what it used to be. According to the US Inflation Calculator, an item purchased for $20 in 1978 today would cost $70.39.

It costs more to make a penny than a penny is worth.

So why do we still make them?