FrequencyOC

This Friday is the Bigger or Better Bash. We are loading up at 6pm so I highly suggest you get here earlier. We will be returning back to the church at 8:30pm and the event will be over at 9pm. It will be a sweet exciting night of searching for treasure. Bring your camera as there could be some pretty sweet photos. So as the event starts with a penny, i figured i would post about the tramatic stress pennies cause some people, so directly from Wikipedia, here it is:

The physical handling and counting of pennies creates transaction costs that may be higher than a penny per penny spent. Furthermore, as has been claimed for micropayments, due to mental transaction costs one cent may exceed the useful price granularity of almost all products and services sold over the counter—granularities of five or ten cents may be sufficient. Also, inflation periodically causes the metal value of pennies to exceed their face value, making them wasteful to mint. Several nations have stopped minting equivalent value coins, and efforts have been made to end the routine use of pennies in the U.S.

Labels: event