My mistake, thanks for the correction! I didn’t know it historically went back that far as a valid unit. I always figured it was just people being scummy with no basis for it.
It’s actually just one extra decimal place (thousandths), so $3.999 or $4.009.
I’ve never seen a ten-thousandths place in a price in USD.
Fun fact: mills, or one-thousandths of a dollar, were actually officially specified as valid units of currency in the first several laws establishing the US mint and the coinage system, in the late 1700s.
But yeah, now they’re mostly just used to scam people at the gas pump.
buttmasterflex@piefed.social 1 week ago
TootGuitar@sh.itjust.works 1 week ago
No prob! We never actually produced a 1 mill coin, but there was a half-cent (5 mill) coin produced until 1857!
justaman123@lemmy.world 1 week ago
Pretty crazy to think a mil used to be about the value of one dollar today. Although it’s pretty tough to actually compare the inflation because of too many factors. Mostly just because of how different our world is from theirs.