Coin Clipping

The penny is worthless because of inflationary spending by our government.

Story here

It's worthless because we inflate our money causing it to be worth - less.

The fact that it costs more "money" to make a penny than what it's currently worth is a symptom, not the cause.

Dishonest governments love coin clipping, it's been going on for 2,000-3,000 years, nothing new here.  Steal from the population via inflation, then raise taxes, then confiscate the real money (gold/silver), etc.... nothing new here.

Talking head stupidity

Gold is "backed by nothing" and the dollar is "backed by the fed"???

I'd take gold anytime.

Debasing the last US coin that is worth it's face value

Stuff that deficits are made of.

Paper money is made of..........paper. Completely worthless

the penny is made of 97.5% zinc and is worth $0.005

the dime is made of nickel and copper and is worth $0.02

the quarter is made of nickel and copper is is worth $0.06

The only coin made in the US that is worth anything (when I say "worth" I mean it's made out of something worth something, in case that wasn't obvious) is the Nickel.

The Nickel is made of mostly copper and a higher percentage of nickel than the quarter and dime. It is worth $0.06

Maybe it's just me, but I think money should be worth something. This way the government can't just print / make funny money out of thin air. Seems criminal to me. Gov. Perry is correct that it is treasonous.

We need to attach our money to something valuable. Like gold and silver. Look at the inflation we've had since Pres. Nixon disassociated our money from Gold!

Now, the government is whining that it actually costs money to coin the nickel. It should cost money! Our money should be worth something.

It's time to start hording nickels. They are about to go the way of the pre-64 silver quarters and dimes.

Here's the difference:

pre 64 quarter is worth $7.63
pre 64 dime is worth $3.05

This is stuff banana republics do!

Gold, Silver and the debasement of our currency

Great idea!

Start using a gold and silver based currency. Who would have ever thought of that? The problem with this idea is the government can't just invent more gold and silver like they can paper (pretend) money. Inflating their way out of debt....all the while mounting piles of debt on our children.

Story here. Of course, this State Senator will be labeled a "kook".