This madness is not limited to the United States of America... we have it bad down here in New Zealand. Retailers have charged $x.99 for many many years, even when advertising the before-GST price
Nowadays, the 'ninety-nine cents
' is routinely shortened in verbal price advertising to "ninety-nine", or "nine-nine" for little prices. Big prices get "nine-nine" in the dollars place - the height of stupidity is the retailer who sells big ticket items
like home computers with the spoken price of "four nine nine nine ninety nine" - but at least they haven't scared punters
off with a "five thousand dollars" price, eh?
To compound matters, our forethought-deprived government removed the coins for 1 cent and two cents. I could understand removing the two cent piece, but now one can't even get change for the $x.99 prices... so retailers round up, or down, or Swedish
, whatever that is
, unless the buyer is paying via EFT-POS
, in which case you often get charged the literal price after being verbally told the rounded figure... we're bullish
on EFT-POS 'round here.