Sometimes in life you just hear some of the stupidest things. Some of them make you ask yourself why?

Then other times you realize that other people's stupidity helps you understand and realize that you did make the right decision.

Well when it comes to the United States Monetary system, it truly is " STUPID IS, AS STUPID DOES" . You see you have to powers that be, 1. Is the Federal Reserve and the other is the US mint. One produces paper money (fed Res) and the other produces US Coinage ( US Mint). Trust me when I tell you both of them are Stupid.

Lets start with the US mint. You see I always thought they had a little bit of sense to them but I was wrong. You see the allow the FEDERAL RESERVE to purchase the US coinage with FEDERAL Reserve money, then they also charge the FEDERAL RESERVE face value, so basically one penny cost the FED one penny. Here's the catch it actually cost the US mint .0182 cents to produce one penny. Thats right, it almost cost 2 cents to produce one cent. Then they sale those .0182 cents to the FED for one cent.

Oh if that got you thinking, then wait till you hear this. It also cost the US mint 0.066 cents to produce the Nickel that is worth 0.05 cents.

So we have the US mint produce coinage that cost more to produce then their face value, then to make it worse we allow the FEDERAL RESERVE to buy them with their worthless dollar bills. At this point you gotta kinda agree that our Monetary system is collapsing. Now for those still thinking we are ok, lets put some real life numbers up for facts. Last year the US mint Produced 9.1 billion pennies at a cost of .0182 so that means that those 9.1 billion pennies cost $165 million dollars to produce. Then the us mint took those 9.1 billion pennies and sold them to the FED for $91 million dollars, resulting in an immediate loss of $74 million dollars. Like I said " Stupid is as Stupid does".

Now this has been going on for over 10 years now. Some of you may have known this and some of you may not have known this. One thing is for sure Hive account@pocketchange may be a little more right then what we think, or atleast about the penny and nickel. After all they are worth more than their face value.