Further evidence that times are tough: It now costs more than a penny to make a penny. And the cost of a nickel is more than 7 cents. Surging prices for copper, zinc and nickel have some in Congress trying to bring back the steel-made pennies of World War II, and maybe using steel for nickels, as well. (USA Today, Wednesday)
Market-based money is better.
FEE Timely Classic
Private Coinage in America by Brian Summers