#currency

#currency

Elon Musk may be challenging the future of the U.S. penny, reflecting a broader sentiment against small denominations.

Rare coins can sell for much more than face value, especially if they have minting errors.

The weakened yen has boosted corporate profits but increased living costs for households, highlighting a mixed economic impact.

Japan's central bank raised interest rates for the second time in nearly two decades to bolster the country's currency and ease consumer burdens.

A weaker dollar could boost US exports and manufacturing jobs, but the dollar's value is influenced by global markets beyond presidential control.

Governor Polis supports Trump's order to eliminate the penny for economic and environmental reasons.

Trump's plan to stop minting pennies highlights their cost and diminishing relevance in modern currency.

Pennies are burdening the American economy, costing more to produce than their actual value.

The continued circulation of small denominations like pennies, nickels, and dimes serves no rational purpose.

The penny's production cost exceeds its value, sparking a debate on its continued minting.

Currency is essential for transactions, savings, and economic functioning, but can be affected by crises requiring awareness and protection strategies.