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….