Time to Abolish the Penny & Nickel

WSJ, Letters, July 27, 2015

It shouldn’t take a Centennial Monetary Commission (“Fifty Years of Debasing Money,” Review & Outlook, July 22) to propose the most obviously practical monetary reform: abolish the darn penny. It costs more than it’s worth to mint it and is nothing but a nuisance to everyone but the copper-mining interests. The reform is so overdue—it’s time to get rid of the nickel too.

Brian R. Merrick

West Barnstable, Mass

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s