Showing posts with label penny. Show all posts
Showing posts with label penny. Show all posts

Wednesday, August 08, 2007

The Cost of Money

"At the current specifications for these coins, it costs the government 1.7 cents to make a penny, and 10 cents to make a nickel."

- Rep. Luis V. Gutierrez (D-Illinois)


So...for some time now, the U.S. Government has been losing money every time it creates money? Only in America...
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