Just get rid of nickels too, it would be way easier

We could just eliminate the entire right-most decimal place.

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I agree. Pennies should definitely go. And nickels would be fine too.

This is kind of a math problem though. Sales tax rates would have to jive with prices in order to make sure everything comes out to one decimal place, no? You can’t just be rounding up and down with every single transaction. I gotta believe that would end in disaster, lol.

There are millions and millions of different transactions every day. How in the heck to we even get rid of a decimal place? I’m sure it’s possible, but seems like a steep hill. And it needs to be done for anyone using U.S. currency.

At some point you will have to round up or down. Just as we do now with tenths of a cent. Rounding errors can account for big dollars and big losses. all those cents that no one will be using will amount to billions of dollars over a very short time. Not going to make many very happy including the government, who relies on those common cents, even though the mostly don’t have any common sense!

These guys had it figured out.

Fraction

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Classic Rounding Error

The classic rounding error exemplar includes the story of Edward Lorenz. Around 1960, Lorenz, a professor at MIT, input numbers into an early computer program simulating weather patterns.1 Lorenz changed a single value from .506127 to .506. To his surprise, that tiny alteration drastically transformed the whole pattern his program produced, affecting the accuracy of over two months’ worth of simulated weather patterns.2

1 - Edward Lorenz, father of chaos theory and butterfly effect, dies at 90 | MIT News | Massachusetts Institute of Technology
2 - When the Butterfly Effect Took Flight | MIT Technology Review

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Rounding up or down would only need to be done when doing cash transactions, right?

why do you think that? Tax has to be paid on most transactions. Maryland has 6% sales tax. 6% of an odd number will yield multiple decimal places beyond the original number. i.e. sale price $99.99 Yipee! sales tax @6% equals 5.9994 which rounds up to $6.00. That .01 times millions of transactions is a lot of money.

Cards round up or down automatically as the transaction is set to two decimal places.

Screw it up and you could lose or win big depending on which side of the transaction you are on.

We may as well go 100% on the Metric system!! :wink:

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This guy gave them the idea.

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Pryor gave a lot of kids new ideas on how to tell jokes.

No, this is a screen shot from Superman III. He skimmed the roundup errors and stole lots of money.

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I agree. I’m also saying that heard Richard Pryor use words that they never had before.

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We should have done that years ago, it’s a much better and a more simple system.

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If we had done it, I guarantee you Trump would be changing it back. :joy:

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Your TDS is showing! Still bothers you that dumb as a brick Harris lost!

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Lol. Not really. But c’mon man, you know if Biden proclaimed us to be on the metric system, that tumpty dumpty would reverse it. Then later he would say he has a great idea and we should be on the metric system. Winning!

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How cute, you saved JJ’s profile picture from years ago! (bet no one has saved yours!)

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