Doug Casey On the End of the Penny and the Next Phase of Currency Debasement

End of the Penny and the Next Phase of Currency Debasement - LewRockwell

International Man: President Trump has ordered the Treasury to stop minting pennies after 232 years, citing the fact that each one costs more than two cents to produce—calling it a waste of taxpayer money. What’s your take on this move? Doug Casey: It may seem odd that we’re talking about something as trivial as the disappearance of the penny while we may be staring World War 3 in the face any day now. We can visit that next week since the situa…

End of the Penny and the Next Phase of Currency

End of the Penny and the Next Phase of Currency The dollar is going to suffer the fate of every other fiat currency from time immemorial. It’s being inflated out of existence as we speak. Or we could say digitized out of existence. Doug Casey Fri, 06/20/2025

Doug Casey On the End of the Penny and the Next Phase of Currency Debasement

by Doug Casey International Man International Man: President Trump has ordered the Treasury to stop minting pennies after 232 years, citing the fact that each one costs more than two cents to produce—calling it a waste of taxpayer money. What’s your take on this move? Doug Casey: It may seem odd that we’re talking about something as trivial as the disappearance of the penny while we may be staring World War 3 in the face any day now. We can visi…

Australian National Review - Doug Casey on the End of the Penny and the Next Phase of Currency Debasement

International Man: President Trump has ordered the Treasury to stop minting pennies after 232 years, citing the fact that each one costs more than two cents to produce—calling it a waste of taxpayer money. What’s your take on this move? Doug Casey: It may seem odd that we’re talking about something as trivial as the disappearance of the penny while we may be staring World War 3 in the face any day now. We can visit that next week since the situa…