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Cryptocurrency News Video
Trump Penny Pinch: Ending the Cent coin
Feb 10, 2025 at 10:50 pm GeekGuruWorld
President Donald Trump has stirred the pot by calling for the US Treasury to halt the minting of pennies, labeling their production as "wasteful." In a bold statement, Trump highlighted that producing a penny costs more than its face value, echoing similar concerns raised by tech mogul Elon Musk. But could ending penny production lead to unintended consequences, such as an increased reliance on nickels, which cost even more to mint? In this video, we explore Trump's controversial proposal, the financial implications for taxpayers, and the historical context of countries that have ditched their low-denomination coins. Join the conversation today! Like, share, and let us know your thoughts in the comments! #Trump #PennyDebate #USMint #Economics #CurrencyReform
Video source：Youtube
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