Every American wastes 2.4 hours a year dealing with pennies, MIT scientist Jeff Gore calculated in 2008. The American penny could now be on the way out. https://cbsn.ws/4dCcwjD | 60 Minutes
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Every American wastes 2.4 hours a year dealing with pennies, MIT sci…
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The U.S. Treasury Department announced it intends to begin phasing out the production of new pennies in 2026. What does this mean for your wallet? In 2008, former Mint director Edmund Moy warned that eliminating the lowest denomination coin usually causes at least a one-time spike in inflation. https://cbsn.ws/45wzre5 | 60 Minutes
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