Trump Ends The Penny: Here's What Happens Now

Published: 2025-05-27
Status: Analyzed

Predictions from this Video

Total: 7
Correct: 5
Incorrect: 2
Pending: 0
Prediction
Topic
Status
There will not be significant opposition to the discontinuation of the penny.
"this is really happening and I don't think that there's going to be much of a fight in opposition."
Penny discontinuation
Incorrect
The government will place its final order for blank pennies in May 2025.
"In May of 2025, the government placed their final order for blank pennies. So that's going to be their last batch of production."
Penny production
Correct
The government will stop putting new pennies into circulation by early 2026.
"the government's going to stop putting new pennies into circulation by early 2026."
Penny circulation
Incorrect
Businesses will round cash transactions to the nearest 5 cents after the penny is discontinued.
"For cash transactions, businesses are expected to round up or down to the nearest 5 cents."
Cash transactions
Correct
The nickel will be in jeopardy of discontinuation.
"I think that the nickel will be in jeopardy of discontinuation as well."
Nickel discontinuation
Correct
The nickel will face pressure for discontinuation in the near future.
"the nickel, I'm telling you, it's going to start getting some heat very soon in the near future."
Nickel discontinuation
Correct
Inflation will worsen.
"my opinion is that inflation is just going to get worse."
Inflation
Correct