For those unaware of news…
Maybe a possible market for Wyze cams. It could become a Mediterranean resort town.
I visited Israel in 2023. I accessed my Wyze cams back home without any issue.
Someone mentioned a rename of Gaza- lago.
For those unaware of news…
Maybe a possible market for Wyze cams. It could become a Mediterranean resort town.
I visited Israel in 2023. I accessed my Wyze cams back home without any issue.
Someone mentioned a rename of Gaza- lago.
That’s terrible.
Perhaps terribly funny. I laughed, which is probably also terrible.
If you pay in rare earth you get a discount.
Ha. No rare earth here. Luckily, I get a refund. Hopefully in 2025 US dollars .
Hurry. I heard the penny may not be around too long since it cost 3 cents to make each 1-cent piece.
I am okay with that. I can’t remember when I last used coins. Only time I pay with cash is with my barber and I tell her to keep the change.
Seems cutting pennies is on Elon’s list. Give him a call and suggest your findings.
Average the total cost to produce all denominations of coinage and the US Mint comes out ahead. Add to that the cost to produce paper currency and the US Mint and BEP combined are reeling in seigniorage that well exceeds production and operational costs. That’s a good thing as the seigniorage provides the government with revenue to pay for expenses without collecting taxes.
Thanks. “seigniorage” is my word of the day.
Still don’t plan on using coins.
When I was a child, I was digging in the backyard and found a bunch of mill tokens.
These were used for sales tax, and were worth 1/10 of a cent. There were other denominations also.
chatGPT :
What Were Mill Tokens?
Material: Usually made of plastic, but some were made of metal, fiber, or even paper.
Value: Typically worth fractions of a cent often 1, 5, or 10 mills (1 mill = 1/10 of a cent).
Purpose: Used to pay fractional sales tax amounts when prices didn’t round neatly to whole cents.
Why Were They Used?
In the 1930s and 1940s, many states introduced sales taxes, often at rates like 2% or 3%.
If a purchase totaled $0.25, and the tax was 3%, the tax would be $0.0075 less than a cent.
Since pennies were the smallest coin, merchants needed a way to make change for these odd amounts.
States issued mill tokens to help shoppers and businesses handle these fractional amounts fairly.
What Happened to Them?
By the 1950s and 1960s, most states adjusted sales taxes to whole cents, making mill tokens obsolete.
Today, they are collected as historical curiosities, especially those with unique designs or colors.
When pennies go away will the prices be rounded up or down? Up of course… Maybe no more commercials of 4 easy payments of $34.99
Will the gas stations change from $3.99.9 to $4.00
Nothing changed here when they scrapped the penny. If the price is over 5 cents it gets rounded up to 10 and under five it gets rounded down to 0.