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admiralnick

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They should get rid of the penny. It would make it easier for the 17 year old at Dominick's who can't count to run his/her register. The only reason that prices end in .99 or .98 or the like is so that the penny stays in circulation. I would gladly accept that the .99 candy bar now costs 1.00 because the penny doesn't exist. Besides, then people can't use lines like:

"You can buy it for under $10,000. Its only 9,999.99!"

-Nick
 

Ebor

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But then there's Sales Tax that doesn't come out to even 5 or 0
 

Athanasios

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admiralnick said:
They should get rid of the penny. It would make it easier for the 17 year old at Dominick's who can't count to run his/her register. The only reason that prices end in .99 or .98 or the like is so that the penny stays in circulation. I would gladly accept that the .99 candy bar now costs 1.00 because the penny doesn't exist. Besides, then people can't use lines like:

"You can buy it for under $10,000. Its only 9,999.99!"

-Nick
That's a ploy by marketeers and advertisers, not financiers. They use it to give the illusion of a lower price for a product.
 

ytterbiumanalyst

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admiralnick said:
Besides, then people can't use lines like:

"You can buy it for under $10,000. Its only 9,999.99!"
Sure they can. How about this one:
"You can buy it for under $10,000. It's only $9,999.95!"
 

Athanasios

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Hello,

ytterbiumanalyst said:
Sure they can. How about this one:
"You can buy it for under $10,000. It's only $9,999.95!"
And they could still say 9,999.99 - using a denomination of money that is no longer in circulation. Just look at gas prices and tax levies for use of the non-circulated mill.
 

Ian Lazarus

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I think we should get rid of the trust system and work on the "beat the crud out of you " system.
 

ytterbiumanalyst

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9863 posts on this thread by Ian and Athanasios,
9863 posts,
Whoops! Accidentally deleted one! Oh, well, it didn't mean anything anyway,
9862 posts on this thread by Ian and Athanasios.
 
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