Women might not be safe without the penny

The US Treasury, under the supervision President Donald TrumpHe has Stop the production of new penniesQuoting high costs. According to the annual report of the year 2024 in the United States, one Lincoln Center production now costs 3.69 cents – a height of 3.07 cents in 2023 and 2.72 cents in 2022. The cost of Nickel extraction also increased to 13.78 cents per currency. Looking at these costs, many argue that getting rid of low metal currencies is a financially responsible step.

But the disappearance of a penny is not only limited Physical currency completely. And when financial access is restricted, date shows this Women are often among the first to suffer.

The consequences of eliminating a penny

At first glance, the elimination of trivial shark may seem. Companies can raise prices up or down, and digital transactions can be replaced. But moving to a non -critical economy carries great risks, Especially for womenThose who were historically forced to fight for financial independence.

Today, women still face barriers in the financial system. It is likely to be not designed or not designed, especially single mothers and women. They also have a higher dependence on cash income, including in low -wage jobs, the roles of providing informal care and economies. If the pennies disappear, what follows? Nickel? Dimat? In the end, all material criticism? And when the money disappears, who will be more at risk?

Non -critical society risks for women

While digital transactions provide comfort, the risks of the fully non -monetary economy are often ignored. The Sonar 2023 report: The new emerging risk visions “warn that digital payment systems are vulnerable to electronic attacks, power outages and regular failure. If cash disappears completely, fully financial access will depend on electronic systems – controlled by banks, technology companies and government institutions.

For women, this is particularly concerned. Financial accreditation was historically controlled, used to reduce women’s independence and decision -making. Even today, economic abuse – where one of the partners restricts its financial access – is a major element in domestic violence. If all transactions are digital and traceable, you may find women who are trying to leave offensive positions themselves monitoring, prevented from reaching money or unable to make unknown purchases for their safety.

A non -critical society also raises concerns about privacy and monitoring. Without money, every transaction is recorded, which means that a woman’s spending can be tracked – on reproductive health, contraceptives, or even emergency shelters -, which endangered their privacy. In places with restrictions on women’s rights, financial monitoring can be used as a control tool, which limits their independence and prohibiting access to basic services. Without money, women may find themselves unable to make secret purchases for their health and safety, which makes them more vulnerable to the financial restrictions imposed by partners, financial institutions, or even governments.

Financial control as a means of repression

History has shown that restricting financial access can be an early step towards wider forms of control. In Nazi Germany, bank accounts of Jewish citizens were frozen before other forms of persecution escalated. Under the apartheid South Africa, financial restrictions have been used to enhance the perception of the peripheral. Even in the United States, banking discrimination and banking discrimination were used to exclude marginalized societies from the chances of building wealth.

Imagination, too, has explored this danger. In the movie “The Handmaid’s Tale”, Margaret Atwood America imagines Dystopian where the first step is towards totalitarian rule in freezing and preventing women’s bank accounts. Women in the world of Atwood rejected early warning signs – even it is too late.

We may not be about to dystopian, but financial independence erosion often begins with logical small steps. The elimination of a penny, on its own, may not lead to persecution – but it is part of a wider direction towards a world in which financial access is increasingly dictated by those in power.

Why is Benny call women

The discussion on eliminating a penny is not only a simple change – it relates to those who control financial transactions and the ease of canceling economic access. Women have fought for generations for financial independence, from obtaining the right to open bank accounts without the signature of a male participant to secure access to credit. But progress is fragile, and financial independence is only as strong as the systems you support.

The entire digital economy is not only related to efficiency; It comes to power and control and those who leave. Before we refuse a penny as outdated, we must ask: What happens when the money disappears?