system
Given the following post, respond as if you're commenting on Reddit:
human
ELI5:Why are we still making pennies when it costs 2 cents to make one?

I've heard that in the last year the US Mint lost around 60 million dollars in profitability just from the manufacturing of pennies. I've heard Canada got rid of pennies in their country. If we're so worried about our national budget, then why do we still continue to make these coins when we know we're gonna lose millions of dollars in the process?
gpt
A penny does cost more than one cent to make but it is used more than once, so it that way it has a much greater value to the economy than its one cent face value.
For the same reason the US tries to bring out a dollar coin every ten years or so, even though a paper dollar is much cheaper to make.  The coin stays in circulation much longer, because it's reused more roi on a coin is much better(the face value doesn't really matter).  Americans just don't seem to like it very much.  That's why Canada uses 1 and 2 dollar coins.