No. Your numbers say that a *nickel* today is roughly what a penny was then. A factor of 5 is not the same thing as a factor of 25.
So if we get rid of the penny, and have the nickel be the next largest price resolution, we're down to the same level of price resolution they had.
However, If we also get rid of the nickel and dime, and make the *quarter* the only price resolution, then that is changing the minimum price resolution by an amount that I claim is still significant. Even if nothing, as it happens, actually costs a nickel, we can still care that our coffee costs 2.05 and not 2.2. And if every item on my grocery bill wound up rounded up by 15 or 20c I'd *totally* notice.
no subject
So if we get rid of the penny, and have the nickel be the next largest price resolution, we're down to the same level of price resolution they had.
However, If we also get rid of the nickel and dime, and make the *quarter* the only price resolution, then that is changing the minimum price resolution by an amount that I claim is still significant. Even if nothing, as it happens, actually costs a nickel, we can still care that our coffee costs 2.05 and not 2.2. And if every item on my grocery bill wound up rounded up by 15 or 20c I'd *totally* notice.