Trump was claiming that the reason that he wanted to stop minting the penny was because the metal was worth more than the value of the penny (while true, that’s not where the real cost of the penny comes from; it’s rather from the handling and processing costs). I assume that that was to pander to someone, so I’m wondering if maybe there’s a segment of the MAGA crowd that’s obsessed with the metal value versus face value of coins.
The hilarious thing is that these MAGA geniuses think that it costs 3.5 cents every time we use a penny, and that is obviously a bad deal, and Libz are too stupid and deliberately wasteful to understand that.
The MAGA Economists haven’t figured out that it may cost 3.5 cents to manufacture it, but then it gets used millions of times, so the cost is amortized over those millions of uses, not just one.
The thing that will ultimately save us is MAGA’s virtuosic incompetence.
So wait did he actually find a lawyer to represent this fantasy?
ETA: And does he have an actual legal grounds for a suit?
“…The QAnon shaman would also print a one-ounce gold coin, valued at $40 trillion, to pay off the country’s debts.”
I’d guess he has no case.
He’s either a fucking moron or trying to drum up publicity for something.
I’m starting to think the guy that dressed up like a shaman and participated in the insurrection attempt might have a screw loose.
More like, dressed up and called himself a shaman. I don’t know any shaman that dresses like that. Then again, I also don’t know any shamans…
I do know a shaman. She does not dress like that
Well, she’s missing out. Not too many occupations expect you to wear a seriously wicked get up like that!
Not necessarily mutually-exclusive possibilities, I would note.
Trump was claiming that the reason that he wanted to stop minting the penny was because the metal was worth more than the value of the penny (while true, that’s not where the real cost of the penny comes from; it’s rather from the handling and processing costs). I assume that that was to pander to someone, so I’m wondering if maybe there’s a segment of the MAGA crowd that’s obsessed with the metal value versus face value of coins.
The hilarious thing is that these MAGA geniuses think that it costs 3.5 cents every time we use a penny, and that is obviously a bad deal, and Libz are too stupid and deliberately wasteful to understand that.
The MAGA Economists haven’t figured out that it may cost 3.5 cents to manufacture it, but then it gets used millions of times, so the cost is amortized over those millions of uses, not just one.
The thing that will ultimately save us is MAGA’s virtuosic incompetence.
Whatever happened with that?
kagis
Looks like it’s going forward. 2026 should be the last year that the US mints the penny.
https://en.wikipedia.org/wiki/Penny_(United_States_coin)
Why not both
In the first articles he was representing himself…
Not sure if he got a lawyer yet or not.