Zero Is Technically an Amount
A video on YouTube. In Explainers, a Krater category.
Watch on YouTubeSummary 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.
Rate it, review it and add it to your lists in Krater.
Titles and thumbnails from YouTube. Krater isn't affiliated with, endorsed by or sponsored by YouTube or Google.