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Don't remind me again today

232 years of history just ended—America's smallest coin is officially done.



The penny's gone. Production's ceased. Why? Simple math: minting each one costs more than it's worth. For years, the government kept churning out coins at a loss. That paradox finally caught up with them. Sometimes even the oldest traditions can't survive bad economics.
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Anon32942vip
· 11-13 03:12
Don't say a cent, even the Americans can't afford to raise it.
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ContractCollectorvip
· 11-13 03:12
Losses have been going on for so long that I'm numb to the fall.
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BlockchainBardvip
· 11-13 03:00
What's the point of doing a losing business?
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VibesOverChartsvip
· 11-13 02:53
The money has all been lost, what is this thing?
View OriginalReply0
GasOptimizervip
· 11-13 02:49
Production cost burst, profit margin limit, classic Arbitrage loss trap.
View OriginalReply0
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