Benjamin Franklin suggested that "A penny saved is a penny earned." He was considered wise for making this observation.
For about five hundred years, folks have been offering one another a penny for their thoughts. A penny from the 1600s would be worth tens of thousands of dollars. So maybe holding onto those thoughts might be worthwhile.
Steven Wright postulated, "If it's a penny for your thoughts and you put in your two cents worth, then someone, somewhere is making a penny."
P.J. O'Rourke noted, "A penny will not buy a penny postcard or a penny whistle or a single piece of penny candy. It will not even, if you're managing the U.S. Mint, buy a penny."
Which brings us to our current state in which the current administration would like to do away with pennies as a part of our currency. This coming from a guy who has a gold toilet means very little, but since he can make this kind of decision, the United States Treasury is going to keep stamping pennies until they run out of blanks. This will be sometime in 2026. Estimates currently put the cost of the production of a single penny at four cents apiece, so it makes some sense.
This is notable because very little else that has happened during the past four months has. It also goes along with a a decades-old trend toward eliminating the penny. Our once-good friends to the north in Canada gave up their penny more than ten years ago. Their maple leaf design was the distinction made between our two currencies when every so often one of those Canuck coins slipped into your change at the Seven-Eleven.
Why should I care? Perhaps because I have spent the past forty years or so picking up any and all spare change that I find in my travels from here to there. Most of this accrued wealth has come in the form of pennies. Sometimes in groups of two or three, but almost always that lone one cent piece left on the street, sidewalk or parking lot. I bring them home and put them on my wife's desk. Eventually we put them into rolls of fifty and hold on to them as if they were truly worth something. At any given moment there are five or six hundred pennies rolling about our house in one configuration or another.
That's five or six dollars. A fortune, right? Unless you convert it to thoughts, in which case it would be five or six hundred thoughts. And all of those would be earned.