| Author |
Topic:
Bye bye Pennies! [Locked] |
winga  Title: Canadian
Posts: 2,256
Registered: 2001-4-27 15:46:32
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Date Posted:
1/1/00 12:00am
Subject:
Bye bye Pennies! |
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I have way too much change... should probably take that to the bank soon.
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HeartView Title: Be right back...
Posts: 1,209
Registered: 2001-12-20 08:11:56
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Date Posted:
1/1/00 12:00am
Subject:
Bye bye Pennies! |
Brandun posted:
just remember, EVERYTHING will be rounded up
Not true. You'll see a lot of $4.95 instead of $4.99, for instance.
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Sith_Mauler Posts: 1,851
Registered: 2002-12-21 13:40:03
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Date Posted:
1/1/00 12:00am
Subject:
Bye bye Pennies! |
HeartView posted:
Brandun posted:
just remember, EVERYTHING will be rounded up
Not true. You'll see a lot of $4.95 instead of $4.99, for instance.
bullcrap do none you realize the scale of economy?
when you are moving xxx,xxx amount of product like any major retailer every penny adds up.
-----signature-----
Well I ain't first class
But I ain't white trash
I'm wild and a little crazy too
I have seen a lot of things in my life time.
That is why I walk the line I walk.
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jungalist  Posts: 216
Registered: 2001-8-25 10:21:58
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Date Posted:
1/1/00 12:00am
Subject:
Bye bye Pennies! |
Sith_Mauler posted:
HeartView posted:
Brandun posted:
just remember, EVERYTHING will be rounded up
Not true. You'll see a lot of $4.95 instead of $4.99, for instance.
bullcrap do none you realize the scale of economy?
when you are moving xxx,xxx amount of product like any major retailer every penny adds up.
You don't understand how this works. It isn't about the individual price of an item, it is about the after tax total. So you ring up a bunch of crap at the stereo store and after the tax goes in your total is $104.97. This gets rounded down to 104.95 - by law. Even if it were up to the discretion of the shopkeeper you would lose at max 4 cents on a transaction, not 4 cents per item.
-----signature-----
ev'ry day is a good day... some are jus' bettah...
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HeartView Title: Be right back...
Posts: 1,209
Registered: 2001-12-20 08:11:56
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Date Posted:
1/1/00 12:00am
Subject:
Bye bye Pennies! |
Sith_Mauler posted:
bullcrap do none you realize the scale of economy?
when you are moving xxx,xxx amount of product like any major retailer every penny adds up.
Umm...
ANY retailer attempting to suddenly gouge people PER ITEM will quickly find themselves without customers. Duh.
The rounding will happen at the transaction level, not by individual item.
-----signature-----
"My brothers and sisters all hated me because I was an only child."
http://www.indiefl.com/acf/profile/86
PM me for the password to my Photobucket:
http://smg.photobucket.com/albums/v455/HeartView/
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Sith_Mauler Posts: 1,851
Registered: 2002-12-21 13:40:03
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Date Posted:
1/1/00 12:00am
Subject:
Bye bye Pennies! |
HeartView posted:
Sith_Mauler posted:
bullcrap do none you realize the scale of economy?
when you are moving xxx,xxx amount of product like any major retailer every penny adds up.
Umm...
ANY retailer attempting to suddenly gouge people PER ITEM will quickly find themselves without customers. Duh.
The rounding will happen at the transaction level, not by individual item.
how are you going to know really?
the price of stuff changes weekly.
like where I work at all items got at min a $1.80 increase in prices, due to the cost of food coming from our distributors.
-----signature-----
Well I ain't first class
But I ain't white trash
I'm wild and a little crazy too
I have seen a lot of things in my life time.
That is why I walk the line I walk.
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myxomatosis8  Title: amateur zookeeper
Posts: 800
Registered: 2001-7-14 23:45:21
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Date Posted:
1/1/00 12:00am
Subject:
Bye bye Pennies! |
-Foxy- posted:
ive never liked the 99 cent rule
its 12.99!!
129.99!!
no, just make it 13 bucks or 130 bucks.
sheesh makes the numbers messy
This, I can't wait for those stupid prices to go away. But they'll probably make them 1.95 or 290 from now on. 
Oh and lots of places like Argentina have been more or less working with almost no small coins for a LONG time now. They give you change in candy or single blister-pack aspirins.
-----signature-----
If you're flammable and have legs, you're never blocking a fire exit.
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Date Posted:
1/1/00 12:00am
Subject:
Bye bye Pennies! |
It's the penny some want to get rid of, not the $.01 electronic transaction. If that were the case, a whole lot of systems would need to be reprogrammed.
-----signature-----
*yawn*
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HeartView Title: Be right back...
Posts: 1,209
Registered: 2001-12-20 08:11:56
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Date Posted:
1/1/00 12:00am
Subject:
Bye bye Pennies! |
Sith_Mauler posted:
how are you going to know really?
the price of stuff changes weekly.
like where I work at all items got at min a $1.80 increase in prices, due to the cost of food coming from our distributors.
Personally? I wouldn't likely notice because I'm never that low on cash to care. But I know a whole lot of folks that would notice and complain... loudly.
-----signature-----
"My brothers and sisters all hated me because I was an only child."
http://www.indiefl.com/acf/profile/86
PM me for the password to my Photobucket:
http://smg.photobucket.com/albums/v455/HeartView/
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JD_HOGG Posts: 2,846
Registered: 2008-3-18 08:04:21
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Date Posted:
1/1/00 12:00am
Subject:
Bye bye Pennies! |
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It's stealth inflation.
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