Comment: Not – Abolish US Cent Penny

Not – Abolish US Cent Penny

(c) Leo G Campbell       8/26/2017

Not – Abolish US Cent Penny

My Comment:

My university degree, is a B.A. (Batchelor of Arts) in Economics. I have studied the US economy, also Russia, Canada, former Yugoslavia, and others. I have much graduate work, toward an MBA (Master of Business Administration).

The US Treasury/US Mint should not find an excuse to abolish the US penny, or cent. There are several serious economic reasons to maintain the cent, as US legal tender.

With every change in presidential administration, somebody – bureaucratic or politician – sees that the cost of stamping out copper cents is just a bit more – than 1 cent in value.

Not as simple as that – who determines the actual, real value – of one cent? Me? You? Them? Good questions.

Under US currency law, each 1 cent – comprises 10 parts, or 10 mills. Mills play a part in quoting US retail gasoline prices – which are quoted everywhere in “dollars, cents, and mills.” Example: gas priced as $2.47/9 is $2.47 plus 9 mills.

Mills are still used in real estate and elsewhere, to compute real estate taxes.

The point is, if the US cent is deleted, a complete revision of retail and real estate, is required for such a deletion to work, and to avoid economic chaos.

Another serious problem, is the retail public’s – the retail business sector’s – greed reaction.

Note: “The Greed Factor” applies to all human enterprises. Rather than a “TGF’ it is “TFG”… the factor greed…

If there is no 1 cent, the millions of items, from candy bars to perfumes, that are priced at $0.57 or $24.98, have to change, because price must round to the nickel, the 5 cent piece.

Does the business round prices down? No – the greed factor rules that prices will ALWAYS be rounded UP. The $0.57 candy bar price will increase to $0.60, the three cents’ increase – is a 5.2% increase to the consumer. The $24.98 perfume reprices to $25.00 – a 8.0% increase to the consumer. Carried across the entire USA retail economy, there could be an immediate national retail inflation, of at least 5%. The disruption to the USA business economy could trigger recession, or worse.

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Every Precious Human Being

Every Precious Human Being

(c) Leo G Campbell      10/10/2017      7/19/2017

http://www.leocamwrites.com      www.leocam2@msn.com

Every Precious Human Being

Takes The Sting Of

Being Alive

Wonderful…

Being Here…

Human Beings –

Them Wonderful Things

‘Round Them Angels

Human – ity Runs Rings

Wonderful…

Being There…

Human Beings

Wonderful

In Wilderness ‘O The World

In Wilderness ‘O The World

(c) Leo G Campbell      10/6/2017       10/2/2017       8/24/2017       8/2/2017

http://www.leocamwrites.com      www.leocam2@msn.com

In Wilderness ‘O The World

So Shall

Wild… We Dance Our

Wildness To Wilderness

On This Sphere

Set To: Weird – Medium

For: In The World

Allus Alone Together

– Dosey Doe… Still Goes Does

Th’ Dance…

– Parading’n Prance

Until You Die –

As I

Love

Mine Wildness In

My Dancing

The Wilderness…

Around The Sphere ‘O The World

Meager Manger Xmas Mouse

Meager Manger Xmas Mouse

(c) Leo G Campbell       9 25 2017       9 6 2017

http://www.leocamwrites.com       http://www.leocam2@msn.com

Meager Manger Xmas Mouse

– The Christmas

– This Christmas

Xmas Mouses

So

Close To

A Mouse

Near Starvation In

A Manger…

So, Small Mouse

Stood Up, Squeaks

I Mean Speaks:

“Small Mice Tho We Are

Starving –

We Carry Our Love

To

Baby Jesus –

As We All Are Here”

Meager Manger Xmas Mouse

 

Magic Of The Eyes

Magic Of The Eyes

(c) Leo G Campbell       9/25/2017       8/24/2017

http://www.leocamwrites.com        www.leocam2@msn.com

Magic Of The Eyes

Parallel Truths Looking

To Sleuth Curving Curling

Boards Cutting

Or Lying Dying

To – Look Away

Right At You

Each Time

See Into Another’s Eyes –

As Can Be…

Aye, To

Seek In Another Eye

‘Pon A View With Such A View

Aye

 

Lord He Makes So Many Humans

Lord He Makes So Many Humans

(c) Leo G Campbell       9/3/2017      8/26/2017

http://www.leocamwrites.com       http://www.leocam2@msn.com

Lord He Makes So Many Humans

Billions –

Now Humanity To…

Nine Billion…

Lord?

O Make One Lover For Me –

Here Am I Try’n

I Am Try’n

For My Lover

To Find Me

She’ll Know

When She Sees

Me Try’n…

Not To Cry

O Lord Make One Lover For Me

Yes. Yes