Rounding prices to the nearest nickel would not have ‘any significant inflationary consequences,’ a 2023 study found
Last Updated:
First Published:
Not having a penny to your name doesn’t have the sting it once did.
At the Trump administration’s so-called Department of Government Efficiency, Elon Musk has revived the great penny debate, a long-running call to discontinue the one-cent coin. And according to some experts, if pennies were taken out of circulation, it wouldn’t make much difference to the financial lives of many Americans.
Read the full article here
