06/03/2026
"Some retailers are already having to take action on their own, and some of them are rounding to the nearest 5 cents," Irwin told The Detroit News. "Some of them are rounding up and some down."
What are we to do in a world without pennies when our cash transaction doesn't land on a number where retailers have the necessary currency to give proper change?
I propose that we round down to the nearest 5 cents. This is better for consumers and research has shown that, because of current pricing patterns, consumers will generally lose out if we round to the nearest 5 cents.
https://www.detroitnews.com/story/news/politics/2026/06/02/penny-shortage-rounding/90370209007/