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« By the Time I Get to Phoenix | Main | Peak Oil Demand? »
Monday
Feb012010

How Do You Debase Base Metals?

DateMonday, February 1, 2010 at 12:00PM
As the prices of nickel, copper and zinc rise, the business of coining money becomes a losing proposition. Specifically, the US Mint is losing money by making pennys and nickels and they are looking to find a cheaper material to manufacture their coins with.

Paul Kedrosky is cheekily suggesting a return to the wooden nickel.
AuthorJim Letourneau | Buffer CommentPost a Comment |
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