Sunday, May 11, 2008

Making Cents...

Just how bad is inflation these days? Well, consider this: it costs the Federal Government 1.26 cents to make a penny, and almost eight cents to make a nickel.

T
he House recently passed a measure that would require the U.S. Mint to make both coins out of cheaper steel instead of zinc, nickel and copper, all of which have increased in price on the world markets.