Sunday, April 1, 2012

The Armagedon of ambiguity...Canada set to drop the penny

"That will be $4.01."  Says the clerk at the store. "Oh, you don't have a penny?" "Oh well, I guess I'll just  have to round it up to $4.05." Are you ok with this? If you are Canadian, you will have to be ok with it soon.

Canada has declared that it will be dropping the penny from their currency, citing budget cut-backs and anecdotal claims that the penny only adds to clutter on our dressers. When it comes to financial transaction details, the future of Canadian money exchange between customer and clerk will come down to either the round up or cash-less option.  As it pertains to us, taking the penny out of circulation is symbolic of removing the fine print out of fundamentals.

When you lose the details, you lose the envisioned whole.  Having the principle to manage the fine details in daily living is how we build our lives on solid ground instead of ambiguity.  Ambiguity is a word that has never been associated with success or strategic. Does the Canadian removal of the penny reflect societal trends that we are now ok with living in ambiguity?

It's something to consider, because in the end, the person with the power will make sure they end up on the positive side of the rounding up phenomenon soon to come.  I don't foresee the commerce giants being "OK" with rounding down, since they know darn well that a penny earned over multiple transactions will quickly add up to millions.  The American for Common Cents, understands the broad implications for this tiny transactional tool by stating,  "The increased cost to consumers will be felt in everything from the grocery store to the gas pump. Pennies add up to millions of dollars every year for charities across the country. Simply put, the penny plays an important role in our everyday lives and in our nation's economy." Our daily penny-type actions will always add up.  While you and I may not have much influence in Canada's recent decision, however we can use this as a wake up call for our own life. Take the power position and demand that you value the details in your life, before time and ambiguity eventually add up to regret.

Win Today!

Victor

No comments:

Post a Comment