Why Is the Penny Going Away? The Coin That Cost 3.7 Cents to Make 1 Cent
Why Is the Penny Going Away? The Coin That Cost 3.7 Cents to Make 1 Cent Why is the penny going away? Because of the single funniest number in American economics: last fiscal year, it cost the US Mint 3.69 cents to manufacture one penny. The government lost money on every single coin — and … Read more