On the expected departure of the Canadian Penny

[dewline]

When CBC Radio asked the public at large about that pending event as a prelude to today's edition of Cross-Country Checkup, I had this to say:

Yes. I'll miss the Canadian penny if it stays gone after this. For all the talk about how we have to retrain ourselves to be a cash-less society, I'm not convinced of that yet. And besides, physical currency - in addition to its legal aspects - is an art medium as well.

Your own thoughts?

Comments

Goodbye, and good riddance!

[ed-rex.livejournal.com]

My own thoughts are strictly pragmatic. In my lifetime, the penny has lost something like 100%-200% of its value. I can actually remember when a 48-page (I think it was 48) comic book cost $0.15. The "new 52" version of Batman #13 runs US$3.99. That means the penny is worth roughly 400% less than it was only forty-mumble years ago.

In other words, today's dime (never mind the nickle) is worth less than yesterday's penny.

Hi time it went the way of the passenger pigeon.