Reserve currency

My peers, currency is one of the cornerstones of modern society, but I ask why has the penny remained for hundreds of years while several other coins the United States has minted disappeared? Why must we continue to produce coins which are worth less than nothing? Why did the penny not die out in 2006? Why do we make coins that simply aren’t worth someone’s time and money? The penny wasn’t always the smallest unit of currency that the United States used, there existed a coin known as the…

It is not the easiest to find something good to do with a dollar. You can’t even buy anything at the Dollar Tree because with tax, you are spending $1.07. You could buy a Ricker’s soda, I guess, but that’s not really going to make an impact on anyone’s life. With my dollar, I decided to exchange it for one hundred pennies at Payless. Why would I want a hundred pennies? Well, I took those hundred pennies and spread them all across Muncie, Indiana while I was at shopping on Friday. I put all the…

These complicated blockchain gizmos confuse me. I scratched my head and with my limited brain cells, the best I could come up with was this: There was Steemit, which was an onboarding currency. Then there was Steem Power which was a voting rights thing. Lastly, there was Steem Dollars, which was a currency…

Penny's? Do we really need them? all we do with penny's is either throw them away into fountains, ponds and even on the ground or we just store penny's in jars, boxes, bags. There is no reason to have the penny anymore all they do is cost people money to make them, and they take up a lot of space on our dressers, wallets, counters and etc. They also take up a lot of time if we didn't have to penny we would have more time to do other things instead of counting pennies for hours of the day.There…

Eliminate the Pennies! Have you ever been waiting in line to use a vending machine and a person is fumbling with putting the pennies and dropping them because they are small.I Have and it is a little annoying . thats whats happening right now in this country and people are getting annoyed so we are caught in this loop of whether we should the penny or not.the penny is a copper coin that has been around the united states for a long time.It's about we get rid of the penny because it cost is not…

ninety-nine cents, please.” For American consumers, this is a phrase heard quite often. The purchaser will proceed to pull three dollars out of their wallet to receive a shiny penny back. Although currently the lowest denomination coin of the U.S. currency, the penny has a long and illustrious history. With this in mind, one cannot help but wonder why anyone would even consider eliminating the penny. It may seem that the penny is worthless, a waste of time, and occupies space and weight with…

In the article Abolish the Penny by William Sapphire, a former speechwriter for Nixon tells us his opinion on the penny being abolished. He had a very strong passion towards it being abolished and quite frankly, I agree with him too. I agree with the abolish the penny article because there is nothing that we can buy with the penny, America has nostalgia when it comes to traditions, and As Sapphire puts it "you can't buy anything with a penny anymore. Penny candy? Not for sale at the…

How often in your everyday life use the penny? The United States government is debating on whether they should continue making pennies or if they should lay it to rest. Many people believe the penny should stay while others think it should be abolished. I believe the penny should not continue to be manufactured because they cost too much, they take up too much space, and the penny isn’t worth enough to keep. I believe the penny should be eliminated because it costs too much. Each penny…

Money a great part of our lives which allows us to sustain ourselves through the purchase of our needs. We have our bills and coins, but from these coins, but from these coins pennies are the one with the least value in terms of how much value they represent, as well, as for how they are seen by some US citizens as unnecessary. As a result, an argument over whether or not the penny should be eliminated from our circulation money system has been going on since Jim Kolbe's claim to Congress that…

How do you spend your money? If you are like a lot of consumers now days, you are probably trying to watch your budget a little more carefully since the recession. Sure, every once in a while it feels great to buy something new, but soon that feeling fades, and the item becomes just another trinket collecting dust. Consumers need to start spending their money on purchases that are more personally valuable in order to feel more fulfilled. So how can we begin to spend our money in a way that will…