We have all heard the saying; “A Penny for Your Thoughts.” Yet we also suspect that you get what you pay for and indeed a penny will not buy you much these days. In fact, there is serious consideration going on to ditch the penny all together, of course if they do, it will cause sellers to round up and that means inflation of about 4.9% as everyone rounds up to the nearest five cents. Is America ready for inflation, well apparently the Federal Reserve is quite and some say overly concerned about it.
Comments (0) Posted on Thursday, January 17th, 2008