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/biz/ - Business & Finance


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57533451 No.57533451 [Reply] [Original]

count it up, wagie

>> No.57533485

>>57533451
these coins will be obsolete in 10 years.

nickels were worth 11 cents a few years ago.
pre 1984 pennies were worth 4 cents
post 1984 pennies were worth 1.7 cents.

figure the rest out for yourself

>> No.57533486
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57533486

>>57533451

>> No.57533534

>>57533451
>Calculate the sales lost during prospective time counting
>Compare it to sale price
>Refuse sale if discrepancy is too large

>> No.57533538

>>57533451
I'd fuck her.

>> No.57533539

>>57533486
imagine working 9-5 to buy shoes for anything other than wearing

>> No.57533572

>>57533534
>Calculate the sales lost during prospective time counting

thats a pretty difficult number to obtain based on the variables of the work environment. he could be multitasking while counting, could be engaging with a MUCH DEEPER sale with the buyer, excedrin...

>> No.57533605

>>57533486
i hate jannies but holy shit these guys have pure loser phenotype

>> No.57533652

I’ve never hated on poor folks buying with change. I myself have bought taco bell in the drive through with a handful of quarters and the lady there treated me with respect to not scoff. Act like you’ve been there

>> No.57533715
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57533715

>>57533652
>I, as a poor, don't hate on poors
>Be more like me
NO!

>> No.57533737

>>57533538
thanks for your service

>> No.57534537
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57534537

>>57533538
> her

>> No.57534547 [DELETED] 

>>57533485
Thats not how coin valuation works retard.
Buying the raw metal for minting costs a ton of money.
Minting costs a ton of money.
Distributing the coinage also costs a ton of money.
So by this logic the coinage is implicitly worth the value of the labor it took to get in your hands.
Except its not. It's explicit value is lower than it's implied value (implicit) because if it wasn't then minting coinage would be deflationary.
Its deflationary to price coins at a fair price since it would devalue the fiat alongside it. Why transact with a lower value mark when you can use a denomination that is simply higher in value?
If you trade all your life's fiat for coins and melt them down to the individual raw metals they are composed of, they will be worth many times more than the implied value.
Thats not in the future that's now.
So imagine when shit actually hits the fan and USD fiat becomes so inflated that coins are implicitly worth more than the paper bills we used to say were worth more.
Collect coins. Collect shiny metals. Also collect a ton of shitty common coins for your great great grandkids to melt down at a much later time.
Coins will never ever be obsolete because the entire world thrives on coins even more than paper dollars.

>> No.57534564 [DELETED] 

are explicitly worth more than the paper bills**

>> No.57534591

>>57534547
>If you trade all your life's fiat for coins and melt them down to the individual raw metals they are composed of, they will be worth many times more than the implied value.
why aren't people doing this? it would be like the modern version of coin clipping

>> No.57535513

>>57533538
she's really into herself though and always complains about boomers using coupons and keeping housing prices high. you can fuck her but then ghost her to bring her down a peg. she needs to grow up

>> No.57537855

>>57533451
Based

>> No.57537874

>>57533538
>her

>> No.57537879

>>57534591
the cost to melt them down yourself is expensive and you cant just trade them into a recycler because its illegal to destroy US currency.

now if they do anothre 2-3x, youll see people catching on

>> No.57537906

>>57535513
I'd do this to "empowered" women when I was living in DC.

>> No.57537918
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57537918

>>57533538
>her

>> No.57538681

>>57533605
are you one of those kids whos like a zoomer but even younger and more retarded?

>> No.57538704
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57538704

>>57533538
>her