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Monday, April 2, 2012

The End of the Penny!

1974 Canadian Penny (Obverse)
1974 Canadian Penny (Obverse) (Photo credit: yaybiscuits123)
It is with sadness yet expectation that we share the news re the demise of the Canadian penny.  We understand the reasons why it needs to go, because it costs too much to make, but part of me wonders if this is the start of hyperinflation?  Having grown up in Africa where inflation is out of control, especially in places like Zimbabwe, one wonders where it will end?  What do you think?

This is an awesome time to be teaching your students about economy and inflation, and the value of your dollar.

Here are some learning resources:

The Consumer Price Index Government of Canada Statistics:  A Measure of Inflation
What causes Inflation  Econedlink learning resources
Investopedia has some interesting Financial videos which explain many financial terms.  
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  1. I figured it would come to this at some point! Yes, indeed...the value of the dollar....food for thought.

    Thank you SO much for praying for us lately...the LORD is Good. I will be praying for you today too.

    May the LORD bless you as you celebrate HIM this weekend! Isn't our Saviour WONDERFUL???

    Love to you!

  2. Hi Camille:) Thanks for sharing and praying! I am so pleased to see your young man back at home! Praise God for His provisions and promises. I will see you on your blog;) Bless you and Happy Easter!


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