PENNIES ARE DISAPPEARING!

BiggerPockets MoneyMay 22, 20250m 41s3.4K viewsScore 65
Pricing & Profitability
beginner
Pricing Strategy
Expenses
Profitability
M

Summary

AI-generated

The video is a brief announcement that the United States may discontinue the penny. It explains that cash transactions ending in 1 or 2 will be rounded down, and transactions ending in 3 or 4 will be rounded up. Non-cash transactions will not be affected. The presenter noted that it currently costs 3.7 cents to produce a penny.

Key insights

  • Non-cash transactions will continue as normal, settling to the penny.

Curated by Learn STR by GoStudioM · Summary & key insights generated by AI · Reviewed by editorial