Sunday, April 1, 2012

End of the penny; I hear the sound of approaching horses...

For Canadian coin collector Sid Belzberg, the penny's demise is a bad omen. He casts back to the Roman Empire's shrinking currencies and sees a disturbing trend in coinage phase-out.

"As a civilization deteriorates, the intrinsic value of what they have decreases," he argued. "The coinage gets debased and then eliminated."

http://bit.ly/HHPnZq

2 comments:

kitt said...

Once we get a real government elected again the penny can be re-instated. And the PMO and his promotion budget cut by 80%

The Rat said...

Seriously? The penny is some grand symbol of a prosperous, Liberal Canada? Is that going to be a campaign promise and a these - Vote Liberal and Save the Penny!