America Just Crossed a Monetary Red Line | Michelle Makori

Michelle Makori, President & Editor-in-Chief of Miles Franklin Media, breaks down the end of the U.S. penny and explains why this small coin tells a very big story about the dollar, inflation, and America’s monetary direction.
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After more than 232 years, the United States has officially minted its final one-cent coin. It now costs 3.69 cents to make a penny – nearly four times its face value. Michelle explains how this is not just a budgeting issue, but a warning about the purchasing power of the dollar and the accelerating debasement of U.S. currency.
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She takes you through the history of the penny’s dilution, how the death of the lowest denomination mirrors the decline of the currency beneath it, and why countries that have eliminated small coins do not face the same consequences as the world’s reserve currency issuer.
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#penny #dollartreeadict #debasement #fiat #money
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00:00 Introduction: The End of the Penny
00:35 The Cost of Minting Pennies
01:52 Historical Value of the Penny
03:38 The Impact of Eliminating the Penny
05:16 Global Perspective on Currency Debasement
05:55 Gold: The Benchmark of Real Value
06:30 Conclusion: The Real Story

Source: https://www.youtube.com/watch?v=uTvqjIRPwsU