Monday, October 25, 2010

Pennied and Nickeled and Dimed.

In re: Ezra Klein's new discussion of the penny,

I believe that not only does a penny cost more to make than a penny, but a nickel now costs more to make than a nickel. So, I propose that we drop the penny and make a zinc-based nickel. When I say, "I propose", what I'm really saying is "I mostly agree with James Poulos". There are some transition concerns, and questions of which President gets bumped and such, but overall this plan makes sense.

This plan at least mitigates the problem of Big Zinc, but it doesn't do anything about Big Vending Machine, which has to figure out how to deal with the new currency.
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