The Great Penny Debate: Should It Stay Or Go

The penny, a small but mighty coin, has been in circulation in the United States for over 230 years. 

However, in recent years, there has been a growing debate over whether or not the penny should remain in circulation. 

Let's explore the arguments for and against keeping the penny. 

For Keeping The Penny:

Despite its small value, the penny has sentimental and historical value. 

It has been a part of American currency for centuries and has become a symbol of national identity. 

Additionally, some argue that eliminating the penny would lead to inflation, as prices would be rounded up to the nearest nickel. 

Against Keeping The Penny:

On the other hand, many argue that the penny is no longer necessary in today's economy. 

It costs more to produce a penny than it's worth, and it's often seen as a nuisance to many, cluttering up wallets and purses. 

It's also argued that rounding prices to the nearest nickel wouldn't have a significant impact on inflation. 

Impact On Businesses:

The debate over the penny's value also has an impact on businesses. Many retailers and businesses have already stopped accepting pennies, as it's not worth the time and effort to count and handle them. 

However, others argue that eliminating the penny would hurt small businesses, as prices would have to be rounded up, potentially dissuading customers from making purchases. 

The debate over the penny's value is far from settled. While some argue for its sentimental and historical value, others see it as a costly and unnecessary nuisance. 

Whatever the outcome, it's important to consider the impact on businesses and the economy as a whole. 

Only time will tell if the penny will continue to be a part of American currency for years to come. Your Thoughts Readers....

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