Jessica Mendoza

When it comes to the penny, Mark says there's all kinds of sentimental reasons people want to keep it alive.

When it comes to the penny, Mark says there's all kinds of sentimental reasons people want to keep it alive.

When it comes to the penny, Mark says there's all kinds of sentimental reasons people want to keep it alive.

Mark says getting rid of the penny would mean that cash transactions will have to be rounded to the nearest five cents.

Mark says getting rid of the penny would mean that cash transactions will have to be rounded to the nearest five cents.

Mark says getting rid of the penny would mean that cash transactions will have to be rounded to the nearest five cents.

If prices across the country are forcibly rounded up, even by just a few cents, Mark says that could be inflationary. The Treasury disputes that idea, saying in a statement that prices won't rise because they're just as likely to be rounded down in transactions.

If prices across the country are forcibly rounded up, even by just a few cents, Mark says that could be inflationary. The Treasury disputes that idea, saying in a statement that prices won't rise because they're just as likely to be rounded down in transactions.

If prices across the country are forcibly rounded up, even by just a few cents, Mark says that could be inflationary. The Treasury disputes that idea, saying in a statement that prices won't rise because they're just as likely to be rounded down in transactions.

Another point Mark made is that if businesses and consumers are relying more on five-cent coins, that means the mint would have to ramp up production of nickels. And it's even more expensive to make a nickel than it is to make a penny.

Another point Mark made is that if businesses and consumers are relying more on five-cent coins, that means the mint would have to ramp up production of nickels. And it's even more expensive to make a nickel than it is to make a penny.

Another point Mark made is that if businesses and consumers are relying more on five-cent coins, that means the mint would have to ramp up production of nickels. And it's even more expensive to make a nickel than it is to make a penny.

What if we just get rid of the nickel too? Wouldn't that then save the government money? Because it seems like objectively the country is losing money on making pennies and nickels.

What if we just get rid of the nickel too? Wouldn't that then save the government money? Because it seems like objectively the country is losing money on making pennies and nickels.

What if we just get rid of the nickel too? Wouldn't that then save the government money? Because it seems like objectively the country is losing money on making pennies and nickels.

I asked my colleague Oyen Ededoyen what the practical implications of losing the penny could be for businesses and consumers.

I asked my colleague Oyen Ededoyen what the practical implications of losing the penny could be for businesses and consumers.

I asked my colleague Oyen Ededoyen what the practical implications of losing the penny could be for businesses and consumers.

I'm thinking, does this mean that we won't be able to buy anything for $19.99 anymore? Is this the end of the $19.99, $9.99 sale? That's the question, right? Like the $0.99 sale. Right. I mean, will $0.99 stores have to change their names to like $0.95 stores? Or dollar?

I'm thinking, does this mean that we won't be able to buy anything for $19.99 anymore? Is this the end of the $19.99, $9.99 sale? That's the question, right? Like the $0.99 sale. Right. I mean, will $0.99 stores have to change their names to like $0.95 stores? Or dollar?