somebody wrote:
> Fine up until the last part, but they engage in some utterly nonsensical
> economics of value and cost when they start "dividing" cost by the number of
> exchanges.

Most fiat economomics is nonsensical. Given that, they're basically 
saying that the utility of the penny is greater than its face value. In 
other words, the government spends $1.20 to put $1.00 worth of pennies 
into circulation. They also spend more than a dollar to put a dollar 
bill into circulation. And they also reduce the value of the pennies and 
dollars already in circulation when they create more of them. So trying 
to figure out what a penny "costs" is kind of pointless to start with, 
unless you start counting inflation into it.

-- 
Darren New / San Diego, CA, USA (PST)
  Helpful housekeeping hints:
   Check your feather pillows for holes
    before putting them in the washing machine.

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