RE: What happens when you double a penny every day for 30 days ?

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What happens when you double a penny every day for 30 days ?

in blurt-1787181 •  9 days ago 

Sadly, a more common problem occurs with a government doubles the pennies in circulation every day. When that happens, the pennies held by the people devalue to zero.
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  ·  8 days ago  ·  

They devalued the Canadian dollar so much, they had to remove the penny here in 2012. Now everything rounds to the nearest 0.05 CAD.