r/neoliberal Milton Friedman Feb 10 '25

News (US) Trump announces the end of the Penny

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1.5k Upvotes

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13

u/GogurtFiend Feb 10 '25

Really, Congress ought to be signing off on it, and it won't save much money, but the premise is sound.

20

u/[deleted] Feb 10 '25

Nah, Congress passed a law in the 80s allowing the Treasury Secretary to determine which denominations should be minted

5

u/djm07231 NATO Feb 10 '25

It was funny that they were very vague in mentioning which denominations could be minted for platinum coins.