Will the US abolish pennies (de facto) by 2030?
Plus
19
Ṁ4372029
51%
chance
1D
1W
1M
ALL
This market resolves to YES if, in early 2030, cash transactions at stores in the US do not, by default, involve pennies. This could be because the government stops minting pennies, because stores adopt a policy of rounding prices, or for some other reason.
The smallest unit of currency in the US is the cent, one hundredth of a dollar. The "penny" is a one-cent coin. It has been the smallest-denominated coin since 1857; during that time its value in real terms has decreased substantially. There have been a number of proposals to abolish the penny
https://en.wikipedia.org/wiki/Penny_debate_in_the_United_States
but so far none has been accepted.
This question is managed and resolved by Manifold.
Get
1,000
and3.00
Related questions
Related questions
Will the US abolish non-pennies by 2030?
3% chance
Will a 1 cent coin be issued by the US government in 2030?
70% chance
Will the USA pass legislation to discontinue or fundamentally change the penny coin by 2035?
86% chance
Will the US abolish the nickel by 2040?
32% chance
Will the US have a deadline in place to eliminate the minting of pennies by the end of 2026?
27% chance
What denominations of the US Dollar will be issued by the US government in 2030?
Will U.S. two-dollar bills be discontinued before 2030?
29% chance
Will Argentina adopt U.S dollar as its legal tender by 2030?
44% chance
When will the US government announce that they are no longer minting new pennies
Will metal currency be obsolete by 2040 in the US?
31% chance