But the USA is the king of the marketers using every trick in the book to sell more. Gas is even worse at 2.99 9/10 pre gallon. Maybe we should have a 1/10 cent piece! --
"Go for a Metric America" Howard Ressel Project Design Engineer, Region 4 (585) 272-3372 >>> On 4/19/2010 at 10:26 PM, in message <[email protected]>, Al Lawrence <[email protected]> wrote: > The main resistance to the dollar coin in the US is that no one wants to > carry a big pocket full of change around. Replacing the dollar bill with a > coin makes sense, but only if you get rid of the penny at the same time. > That would require rounding up or down on some items. Unfortunately many > Americans are paranoid about losing a cent or two if merchants round up more > often than they round down. But what is even crazier, in the US everything > is priced at $ 2.99, $11.95 and even $99.99, and the real price is usually > five to eight percent higher, depending on taxes, so the real price might be > $3.23, $12.91 and $107.99 (which includes rounding, by the way). > > In many countries the price of a hamburger is listed as $3 and really is $3, > not listed as $2.99 and really costing $3.23. That is what results in a > pocket full of annoying change, and a dollar coin will make it worse. >From > personal experience in New Zealand, there are no pennies and you almost never > see a 5 or 10 cent coin. They have $1 and $2 coins, but because almost all > prices are "round" you still have less change in your pocket than you do in > the US. > > Until merchants in the US are forced to become honest and post the real > price (and stop playing the silly game of ninety-nine cents) and Americans > stop being afraid of paying an extra penny or two once in a while, the penny > will not go away and the dollar coin will remain a nuisance. > > > Alan Lawrence > > > > _________________________________________________________________ > The New Busy think 9 to 5 is a cute idea. Combine multiple calendars with > Hotmail. > http://www.windowslive.com/campaign/thenewbusy?tile=multicalendar&ocid=PID283 > 26::T:WLMTAGL:ON:WL:en-US:WM_HMP:042010_5
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