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02-10-2025, 10:48 AM
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#61
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Lifetime Premium Access
Join Date: Apr 25, 2009
Location: sa tx usa
Posts: 15,473
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Remember in europe (England) they didn't use pennies on US installations.
Decades later I found out it interchanged with some english currency and used like slugs in coin machines.
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02-10-2025, 01:10 PM
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#62
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Premium Access
Join Date: Jan 31, 2010
Location: TX
Posts: 539
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It's highly likely getting rid of the penny will actually increase US Govt losses.
No pennies, gotta have more nickels.
Except five-cent coins have a unit cost of 13.78 cents each.
Yes, Canada got rid of the penny. The result?
An economics student in Canada, which stopped minting one-cent coins in 2012, found in 2017 that rounding “imposes a tax of $3.27 million Canadian dollars from consumers to grocery stores on a yearly basis.
Thus...higher prices...
https://time.com/7215870/trump-us-pe...ate-explainer/
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02-10-2025, 04:34 PM
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#63
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Lifetime Premium Access
Join Date: Nov 16, 2013
Location: Baton Rouge
Posts: 6,436
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Eliminating the penny will result in a tax to the next nickel. Personally I don’t care about that as long as the money is used to pay down US debt.
I’d be ok with getting rid of the nickel also. Personally I hate change and never carry it. Taxing to the next dime I’d be fine with as well.
Nonetheless. This won’t lower prices.
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02-10-2025, 05:54 PM
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#64
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Valued Poster
Join Date: Jun 5, 2016
Location: Arkansas
Posts: 1,184
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Quote:
Originally Posted by Salty Again
... So, yer showing that prices increased in November?
No doubt they did - Biden was still on. ... 
But there's NO denying that stores such as Target and
grocery shoppes ARE LOWERING their PRICES.
Their adverts SHOW IT - and the LOWER PRICES... 
We can call it - "The Art of the 'DEAL'!" ...  
... Winning! ... 
#### Salty |
I call it 12.75/doz eggs in Walmart today. Losing!  :wavetowel2 :
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02-10-2025, 08:34 PM
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#65
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Valued Poster
Join Date: Sep 26, 2021
Location: down under Pittsburgh
Posts: 12,006
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... And YET - other prices are DROPPING...  ...
Crikey! ... Are we ALSO seeing petrol-gas prices dropping!
#### Salty
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02-10-2025, 08:40 PM
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#66
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Valued Poster
Join Date: Jan 1, 2018
Location: Somewhere off Mogo
Posts: 631
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Quote:
Originally Posted by 69in2it69
I call it 12.75/doz eggs in Walmart today. Losing! :wavetowel2 : |
While ignoring the fact that other prices (as in those NOT affected by a disease outbreak, context is your friend) are in fact dropping. Thus the above post is indeed rated a loser.
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02-10-2025, 10:06 PM
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#67
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Lifetime Premium Access
Join Date: Apr 25, 2009
Location: sa tx usa
Posts: 15,473
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Quote:
Originally Posted by Salty Again
... And YET - other prices are DROPPING... ...
Crikey! ... Are we ALSO seeing petrol-gas prices dropping!
#### Salty |
Got those CPI numbers for us?
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02-10-2025, 11:03 PM
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#68
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Valued Poster
Join Date: Jun 5, 2016
Location: Arkansas
Posts: 1,184
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Quote:
Originally Posted by Precious_b
Got those CPI numbers for us?
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Of course not. Using actual numbers would make it too easy to prove them wrong.
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02-10-2025, 11:30 PM
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#69
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Valued Poster
Join Date: Oct 7, 2010
Location: Planet Earth
Posts: 11,150
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I don't blame Trump for the Bird Flu, but has that moron even talked about it or do we have to wait for President Musk to divulge how to get the price of eggs down?
I mean damn, I know changing the name of The Gulf of Mexico, obtaining Greenland and turning Gaza into Vegas is vital to lower inflation, but some people just want a nice reasonably priced breakfast with eggs to start their day or conclude a drunk night/early morning at Waffle House. 
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02-10-2025, 11:52 PM
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#70
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Valued Poster
Join Date: Dec 6, 2010
Location: Kentucky
Posts: 1,979
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Yeah, funny how these same people who want a nice reasonably priced breakfast, haven't said jack about inflation for the past 4 years. Now all the sudden Trump, who has only been in office for less than a month, is supposed to wave his magic wand and inflation is supposed to disappear overnight. Lol.
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02-11-2025, 05:03 AM
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#71
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Lifetime Premium Access
Join Date: Nov 16, 2013
Location: Baton Rouge
Posts: 6,436
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Quote:
Originally Posted by Salty Again
... And YET - other prices are DROPPING... ...
Crikey! ... Are we ALSO seeing petrol-gas prices dropping!
#### Salty |
In the real world they aren’t dropping. Including gas. They are remaining high or rising. I’m not sure whether you’re lying or just repeating something you heard on Trump TV.
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02-11-2025, 05:13 AM
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#72
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Premium Access
Join Date: Jan 31, 2010
Location: TX
Posts: 539
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Quote:
Originally Posted by Lantern2814
While ignoring the fact that other prices (as in those NOT affected by a disease outbreak, context is your friend) are in fact dropping. Thus the above post is indeed rated a loser.
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What prices are dropping?
Care to give specific examples?
Quote:
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In 2025, overall food prices are anticipated to rise at a rate similar to that of 2024 and at a slower pace than the historical average rate of growth. In 2025, prices for all food are predicted to increase 2.2 percent, with a prediction interval of -0.4 to 4.9 percent. Food-at-home prices are predicted to increase 1.3 percent, with a prediction interval of -2.7 to 5.5 percent. Food-away-from-home prices are predicted to increase 3.6 percent, with a prediction interval of 2.0 to 5.1 percent.
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https://www.ers.usda.gov/data-produc...mmary-findings
Some 'humor'
https://www.yahoo.com/news/americans...195309066.html
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02-11-2025, 01:59 PM
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#73
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Valued Poster
Join Date: Sep 26, 2021
Location: down under Pittsburgh
Posts: 12,006
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Quote:
Originally Posted by 1blackman1
In the real world they aren’t dropping. Including gas. They are remaining high or rising. I’m not sure whether you’re lying or just repeating something you heard on Trump TV.
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... So, in the "Real World" where grocery stores and
shoppes LOWER their prices and print adverts to show this
- YOU believe the stores are LYING - and that I'm also
a liar for pointing out the adverts and LOWER prices.
THAT is where you're at in this whole thing?? ...
... WINNING! ... ... 
#### Salty
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02-11-2025, 02:18 PM
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#74
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Lifetime Premium Access
Join Date: Nov 16, 2013
Location: Baton Rouge
Posts: 6,436
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Yes. Clearly you’re lying. Prices are not down. The only person repeating that silliness is you, so that should tell you something.
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02-11-2025, 02:19 PM
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#75
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Lifetime Premium Access
Join Date: Nov 16, 2013
Location: Baton Rouge
Posts: 6,436
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Yes. Clearly you’re lying. Prices are not down. The only person repeating that silliness is you, so that should tell you something.
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