Zero Is Technically an Amount

Summary by Krater

This video examines why the US Mint continues to produce pennies even though it costs more than a penny to make one, and explores whether the president has the power to stop penny production.

From the video

Answers: Why does the US keep making pennies if they cost more than a penny to produce?

• penny production costs
• presidential powers
• congressional lawmaking
• US Mint economics

What it concludes

• Printing pennies costs more than a penny to produce.
• The US government loses $70,000,000 per year printing pennies.
• Passing specific and detailed laws in Congress is difficult and time-consuming.
• Congress writes broad laws and leaves the execution details to the president.
• The president could theoretically use the interpretation of necessary amounts to eliminate penny production.