What did you learn today TIL

[MissBarbara]

They no longer have the Canadian Penny.  The Canadian Mint stopped producing in 2013.  And a few years ago, they sent all the penny's the banks had to a scrap yard and they were ground up into shavings.

Canada now rounds up or down on a final bill to the nearest .05

https://www.mint.ca/store/mint/about-the-mint/phasing-out-the-penny-6900002

Living so close to the border and seeing my fair share of Canadian money, I'm shocked I didn't know this.

U.S. pennies have been made largely of zinc since 1982.  A pre-1982 penny has approximately 1.7¢ worth of copper in it.  A 2006 law makes it illegal to metal down pennies and nickels for their scrap value.  I predict that U.S. pennies will go the way of the dinosaur in our lifetimes.

I suppose it depends on whose lifetime you're referring to, but I think it's very likely that pennies in the U.S. will very likely not be obsolete in the next 25 years.

There are two main reasons for this. First, the U.S. has different sales tax rates from state to state, county to county, and in some instances city to city. For example, with 15 miles of where I live, there are at least four different sales tax rates. And second, while society is becoming increasingly cashless, with many different apps on top of credit and debit cards, I don't think a completely cashless society will exist in the next 25 years.

But I could be wrong...

[Jed_]

They no longer have the Canadian Penny.  The Canadian Mint stopped producing in 2013.  And a few years ago, they sent all the penny's the banks had to a scrap yard and they were ground up into shavings.

Canada now rounds up or down on a final bill to the nearest .05

https://www.mint.ca/store/mint/about-the-mint/phasing-out-the-penny-6900002

Living so close to the border and seeing my fair share of Canadian money, I'm shocked I didn't know this.

U.S. pennies have been made largely of zinc since 1982.  A pre-1982 penny has approximately 1.7¢ worth of copper in it.  A 2006 law makes it illegal to metal down pennies and nickels for their scrap value.  I predict that U.S. pennies will go the way of the dinosaur in our lifetimes.

I suppose it depends on whose lifetime you're referring to, but I think it's very likely that pennies in the U.S. will very likely not be obsolete in the next 25 years.

There are two main reasons for this. First, the U.S. has different sales tax rates from state to state, county to county, and in some instances city to city. For example, with 15 miles of where I live, there are at least four different sales tax rates. And second, while society is becoming increasingly cashless, with many different apps on top of credit and debit cards, I don't think a completely cashless society will exist in the next 25 years.

But I could be wrong...

Definitely too late to ask, ‘Penny for your thoughts.’

[_priapism]

I’m not suggesting that cash money will be obsolete.  Merely the 1¢ penny.  They cost more to make than they are worth.  The U.S. government reported in 2016 that an estimated $62 million in pennies (6.2 billion pennies) are lost each year in circulation.  We will just go to a 5¢ nickel rounding system, like the Canadians.

[MintJulie]

I’m not suggesting that cash money will be obsolete.  Merely the 1¢ penny.  They cost more to make than they are worth.  The U.S. government reported in 2016 that an estimated $62 million in pennies (6.2 billion pennies) are lost each year in circulation.  We will just go to a 5¢ nickel rounding system, like the Canadians.

Correct.  And with people paying with Apple Pay, Venmo, Paypal etc, they can still pay by the cent.   I use credit cards and can't tell you the last time I paid in cash.  So no needing to round up/down there either. 
And if I did pay cash, would I squak if my bill was $1.03 and they rounded up to $1.05.  No.  I usually leave pennies in the give a penny, take a penny tray next to the register anyways.

[watcher1]

I’m not suggesting that cash money will be obsolete.  Merely the 1¢ penny.  They cost more to make than they are worth.  The U.S. government reported in 2016 that an estimated $62 million in pennies (6.2 billion pennies) are lost each year in circulation.  We will just go to a 5¢ nickel rounding system, like the Canadians.

Correct.  And with people paying with Apple Pay, Venmo, Paypal etc, they can still pay by the cent.   I use credit cards and can't tell you the last time I paid in cash.  So no needing to round up/down there either. 
And if I did pay cash, would I squak if my bill was $1.03 and they rounded up to $1.05.  No.  I usually leave pennies in the give a penny, take a penny tray next to the register anyways.

squak? 

[msslave]

What?  You've never had a squak fit when something goes wrong!

[MintJulie]

squak? 

It's the sound that all types of birds make when you put your fingers around their neck and squeeze really slowly.

[msslave]

squak? 

It's the sound that all types of birds make when you put your fingers around their neck and squeeze really slowly.

Even a smart ass Eagle???

[MintJulie]

squak? 

It's the sound that all types of birds make when you put your fingers around their neck and squeeze really slowly.

Even a smart ass Eagle???

Especially Eagles

[Sweetums]

I’m not suggesting that cash money will be obsolete.  Merely the 1¢ penny.  They cost more to make than they are worth.  The U.S. government reported in 2016 that an estimated $62 million in pennies (6.2 billion pennies) are lost each year in circulation.  We will just go to a 5¢ nickel rounding system, like the Canadians.

Correct.  And with people paying with Apple Pay, Venmo, Paypal etc, they can still pay by the cent.   I use credit cards and can't tell you the last time I paid in cash.  So no needing to round up/down there either.  
And if I did pay cash, would I squak if my bill was $1.03 and they rounded up to $1.05.  No.  I usually leave pennies in the give a penny, take a penny tray next to the register anyways.

All right! The word "squak" is going into my next chapter! It goes without saying that any word MJ posts is KB canon. Will post the passage here when it's up...

It will be the surprised sound a character makes when something costs a bit more than they expected...

Thanks for the inspiration MJ!

[Sweetums]

squak? 

It's the sound that all types of birds make when you put your fingers around their neck and squeeze really slowly.

Yes, this was what I was thinking. The choking is the unexpected price this little bugger is going to be surprised to be paying. Never enrage a MILF who's being blackmailed into riding you and taking your virginity! It's a more general rule, actually. But especially.

[watcher1]

squak? 

It's the sound that all types of birds make when you put your fingers around their neck and squeeze really slowly.

Even a smart ass Eagle???

Especially Eagles

And here I thought you accidentally left out a "w" . But I am sure you would rather put your hands around something other then my neck...

[MintJulie]

What did I learn today

That I don't know how to spell "squawk" correctly.
I thought you were poking fun at me for using the word, not the incorrect spelling of it. 

And for the record, I've only killed one bird in my life.  I was 2 years old and at my uncles farm.  He had baby chicks.  And I loved one so much I squeezed it with so much love that it died.  Or so I'm told.

[_priapism]

Squak is the sound I make when MJ squeezes my turkey neck slowly, until I suffer la petite mort.

[Sweetums]

And if I did pay cash, would I squak if my bill was $1.03 and they rounded up to $1.05.

All right! The word "squak" is going into my next chapter! It goes without saying that any word MJ posts is KB canon. Will post the passage here when it's up...

As promised, here is the passage from "Louise and the Blackmailer" Chapter Eight: "Noah Wins Bigly" :

Still moving on him, Louise furiously grabbed both of the miscreant boy’s arms with hers and crossed them firmly across his throat, mostly cutting off his air supply and blood to his brain as she pressed the radius bones of his forearms into his windpipe and carotid arteries.

“Squak!” cried Noah.

[MintJulie]

Funny, Tums. 

I'm glad my minor misspelling has gotten so much legs.  hahaha

[watcher1]

Funny, Tums. 

I'm glad my minor misspelling has gotten so much legs.  hahaha

Speaking of legs....love yours...

[Sweetums]

Funny, Tums. 

I'm glad my minor misspelling has gotten so much legs.  hahaha

"This is only the beginning..." he says ominously, rubbing his giant muppet paws together.

[Shiela_M]

The phrase "hold your horses" isnt just a simple phrase, but it means to "stable" yourself.

[watcher1]

The phrase "hold your horses" isnt just a simple phrase, but it means to "stable" yourself.

Does it have anything to do with "ride my stallion"?