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Draft:@@DEMONYMPLURAL@@ Demand Reversal to Pennies Reduction

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Honeydewistania
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Draft:@@DEMONYMPLURAL@@ Demand Reversal to Pennies Reduction

Postby Honeydewistania » Wed Dec 23, 2020 7:50 pm

[title] @@DEMONYMPLURAL@@ Demand Reversal to Pennies Reduction

[description] Following the worldwide surge in the discovery of metal deposits, zinc and copper prices have dropped dramatically, resulting in the cost of minting pennies to now be much lower.

[validity] no pennies

[option] "Please @@LEADER@@, bring back our pennies!" wails mining mogul Scrooge Mc@@ANIMAL@@, shoving a bunch of complicated economic reports in your face. "We have too much excess copper, and we'll go under if we don't sell them quickly! Since pennies are cheaper to mint now, you should restart producing them en masse. Besides, it's just not the same p diving into a pool of banknotes."
[effect] cashiers' nightmares of customers paying solely in pennies are once again reality

[option] "Don't do it @@LEADER@@!" exclaims avid coin collector @@RANDOMNAME@@, showing off @@HIS@@ limited edition 2.1 @@CURRENCY@@ coin minted after a mistake from an intern. "Since you stopped producing more pennies, the value of my coin collection has increased massively! Pennies are so rare in @@NAME@@ now that they're worth more than whole wads of cash! Don't bring back our pennies!"

[effect] @@DEMONYMPLURAL@@ are said to be 'penny wise, pound wise as well'
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Westinor
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Postby Westinor » Wed Dec 23, 2020 8:27 pm

The premise is interesting but needs to be worked on. It's a bit strange to me that the first thought from "zinc, copper is cheaper" is "pennies are also cheaper, let's make em'". However, you also have to avoid the "oh, these people want you to do this" bit. I have two suggestions - first is adding something like "...and copper have seen a recent drop in prices. Among demands to rewire government buildings and reduce drug prices is a call for the re-implementation of pennies into the national currency system" or something similar. Basically hide it with other things, or note how ridiculous it is that the pennies are the focus. (Also, title suggestion - More Pennies More Problems? with the question mark as to imply impartiality. I'd just avoid the straightforward title that resembles older issues.)

I also find it curious that the main argument for not utilizing pennies is that the value of pennies and related small currency has spiked. Not questioning the logic of that, perhaps there's a better way to flesh out the arguments here with another option, or perhaps a different view - I certainly think the argument against is unique, but it feels like a stretch and isn't really convincing.

The argument for is a bit clunky. It goes "too much excess copper -> we'll go under (?) if we don't sell -> let's use it to make pennies!" So apparently all the copper is in the hands of the government and needs to be used in order to avoid budgetary problems. But I don't see why the copper has to be used for pennies when there are so many other uses for copper. I think an argument unique to (re-)implementing pennies works better than a use for copper. (Sorry if this part isn't very specific, but I'd rather not expand on something that I haven't done proper research on.)
Last edited by Westinor on Wed Dec 23, 2020 8:27 pm, edited 1 time in total.
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Cretox State
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Postby Cretox State » Wed Dec 23, 2020 11:21 pm

I agree with Westinor on the premise. As I suggested to you privately, perhaps introduce the issue as the removal of pennies from circulation being well underway, but people are upset because a major historical figure’s face is on them. Just something to consider. I don't quite get the title. Is there a joke I'm missing? You could just go with "A Penny for Your Thoughts" or something similar and call it a day.
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Honeydewistania
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Postby Honeydewistania » Wed Dec 23, 2020 11:26 pm

Cretox State wrote:I agree with Westinor on the premise. As I suggested to you privately, perhaps introduce the issue as the removal of pennies from circulation being well underway, but people are upset because a major historical figure’s face is on them. Just something to consider. I don't quite get the title. Is there a joke I'm missing? You could just go with "A Penny for Your Thoughts" or something similar and call it a day.

I don't want to do the 'culturally significant' thing again because that's basically the same 'against penny removal' option from 'Brother, Can You Spare a Dime?', so it'd just be the same issue again.

Also, you are missing the joke in the title ;)

(+ 'A (Lot of) Pennies For Your Thoughts' is a recently published issue title, so no)

(++ Westinor I'll incorporate your edits soon)
Last edited by Honeydewistania on Wed Dec 23, 2020 11:26 pm, edited 1 time in total.
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Cretox State
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Postby Cretox State » Wed Dec 23, 2020 11:42 pm

Honeydewistania wrote:I don't want to do the 'culturally significant' thing again because that's basically the same 'against penny removal' option from 'Brother, Can You Spare a Dime?', so it'd just be the same issue again.

Fair enough; it's up to you. I still think that the premise needs work.
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Electrum
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Postby Electrum » Thu Dec 24, 2020 5:55 am

First option just seems unrealistic. In reality, if mining companies were to see that new worldwide deposits of rare metals being found (it takes a long time to go from detecting metal deposits to actually mining them), I would assume that they would just hedge their positions to guarantee a stable price. If a company did have excess metals, then they would just sell it at the prevailing global price, not ask the government to buy it off them (in any case, presumably the government would buy it at that price anyways).
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Trotterdam
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Postby Trotterdam » Thu Dec 24, 2020 9:51 am

Why would pennies need to be made of copper and zinc, anyway?

Coins have historically been made from a wide variety of materials. Iron is by far the cheapest metal (and is likely to stay so, even if by exactly how much varies), and so if you really need to make a coin on the cheap, stainless steel is the way to go.


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