Money is used to facilitate economic transactions. Instead of trading an apple for a haircut, you can simply hand your barber the amount of money needed.
So why are we spending MORE money to have our money created than it’s face value?!
- Pennies cost $.0167 to make each one
- Nickels cost $.07 to make each one
What a silly waste. I hate carrying around a walletful of metal anyways.
I suggest we switch to all paper/plastic money.