Quote:
Originally Posted by Canada 02
for retailers, how would this affect sales? I mean they purposely mark items, for example, $9.99 instead of $10 because there is a psychology behind the way consumers react - they obviously believe that customers will be more inclined to make a purchase no matter how ridiculous the one penny savings really is
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If we go to the system most countries use, it would still be listed as $9.99, but you're total rounds up or down to the nearest nickel when you check out.
And (now directed at others) we don't need penny production as a welfare program. With todays prices, mining companies are probably ramping up production as fast as they can anyways.