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Salon
Quinn Sental

End of the penny?

Donald Trump Elon Musk the US Treasury

Due to inflation, it now costs a nickel for your thoughts instead of a penny.

Over the weekend, President Trump ordered the U.S. Treasury to stop minting pennies, citing wastefulness. The price of producing a single penny continues to rise, and it now costs almost 3.7 cents to produce a penny, up from 3.1 cents the year before, according to The Associated Press.

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