thedailypic•Yr7•054/365•2245•Thoughts

In 1857 the 1/2 cent was taken out of circulation due to being useless.  Why today do we still have a penny? Hell, why do we have nickels? I went to make a purchase today, parking lots were crazy, lines in the store were 9 deep, finally get the coveted position of being ‘next’. Great, expect the women in front of me had to have one of ‘those transactions’. She was returning 6 things, I guess she had purchased more items, so it was not an even return, they owed her a penny. This brings the whole system to a halt. The cash draw was out of pennies, they can’t put a penny on a store card or debit card, she tried to refuse it but nope, they had to call the manager…. for a PENNY. I pride myself of using time wisely. It’s all math, come up with what you want to get done, add a value to the task and you can figure out a cost to a minute. When you look at it that way, it helps make decisions on what needs to be done. Trust me when I am done with this life I will be in the black on my time sheet. Now there I am trying to buy $10 worth of stuff, 10 minutes in the parking lot, 10 minutes in line, to get to ‘next’… then 5 minutes of penny talk, penny issues, penny resolution. 5 minutes, I know not a huge deal, we need patience, but still, over a penny? Is your time worth more than 15 cents an hour? That’s what that transaction cost me. Cost the store even more, cashiers getting say 25 cents a minute, manager who had to get the roll of pennies, maybe 40 cents a minute. So, the store lost at least $3.00 for a penny. That’s almost a 300% loss. Why are we putting up with these things? Where is the uproar on the cost it takes to make them? 1 cent is 1.67 cents to make?  So, roll that up, $167 to make $100, $1670 to make $1000, $1,670,000 to make $1,000,000. Come on. Forget about the time we waste with them, or the time you wasted reading this (I know no one reads this), so really the time I wasted writing it, tomorrow I need to be more efficient to make up for all of this. Why were we smarter in 1857?

tr/trp