Stop Making Cents: The End of the Penny episode artwork

EPISODE · Jun 2, 2025 · 18 MIN

Stop Making Cents: The End of the Penny

from The Journal. · host The Wall Street Journal & Spotify Studios

Minting one penny costs the United States nearly four cents. After 233 years, the Treasury Department has decided to phase out the coin. This will mean that businesses will have to round cash transactions up or down, and some fear it could lead to inflation. We reminisce about the cultural significance of the one-cent coin with WSJ’s Oyin Adedoyin and discuss the pro-penny stance with an advocate. WSJ’s Jessica Mendoza hosts.   Further Listening: - The Fight Over Your Credit Card Swipe  - The Coronavirus Cash Crisis  Sign up for WSJ’s free What’s News newsletter.  Learn more about your ad choices. Visit megaphone.fm/adchoices

Minting one penny costs the United States nearly four cents. After 233 years, the Treasury Department has decided to phase out the coin. This will mean that businesses will have to round cash transactions up or down, and some fear it could lead to inflation. We reminisce about the cultural significance of the one-cent coin with WSJ’s Oyin Adedoyin and discuss the pro-penny stance with an advocate. WSJ’s Jessica Mendoza hosts.   Further Listening: - The Fight Over Your Credit Card Swipe  - The Coronavirus Cash Crisis  Sign up for WSJ’s free What’s News newsletter.  Learn more about your ad choices. Visit megaphone.fm/adchoices

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Stop Making Cents: The End of the Penny

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This episode was published on June 2, 2025.

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Minting one penny costs the United States nearly four cents. After 233 years, the Treasury Department has decided to phase out the coin. This will mean that businesses will have to round cash transactions up or down, and some fear it could lead to...

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