Small Change

In the economic world,

it would be fair to say that there are 2 types of people:

• Those that are annoyed by small change

• Those that aren't annoyed by small change

Those that are annoyed by small change,

even if they have acquired billionaire status,

may never be satisfied with the immediate money that they have in their pockets (even if it is a severe amount) -

they will most likely go on a spending spree/rampage that gets rid of their small change as quickly as possible.



Particularly,

they are known to go to food outlets to buy unnecessary perishable goods,

tip twice the amount of something they paid for,

approach buskers and hobos to give generously, etc,

but in the most extreme cases,

those that simply have a really bad problem with the sight of small change,

I believe,

throw their small change abruptly to the ground surrounding their immediate occupied space.



On the other hand,

we look into the features of the people who aren't annoyed by small change.

These people may deviously keep their small change in handy to agitate their most hated cashiers/money handlers/recipients,

or,

they can deceptively use their small change to hack machines

- such as soft drink machines, slot machines, or phone booths (which measure their coins by weight).

Thus perpetrators are often guilty of super-gluing small change together to imitate a larger amount and maybe even attach a string to it,

just in case it doesn't work the first time,

in which case,

small change becomes the bait for an economic fishing rod that cheats the system.

Quite smart, actually.

But so trivial.

* I don't know this from personal experience, I just know it - actually, my friend use to do it but he wasn't successful at all.



Then comes the further question of small change:

"What happens to all the rounding offs of small change,

in everyday business transactions?"

Perhaps I know nothing about economics,

to ask such an ignorant question.

But really,

what happens to all the rounding off of small change?

All the 5c coins and the other universally similar small denominations?

Where do they all go?

Do they just add to the inflation?

Do they just do nothing?

Or do they do something else?

Because value is definitely being lost somewhere in the pipeline,

with so many small change amounts around the world,

being rounded off to the closest suitable number.

Or maybe the small change goes straight back into the pockets of the wealthy,

or at least the first type of people mentioned here (not necessarily wealthy, just annoyed by small change),

whom are always,

always

desperately trying to give/throw their small change away.


To end, I would just like to ask what type of economic person my readers are.

Are you one that loves small change? Or are you one that can't stand it?