John Oliver, late night talk show host, recently discussed the U.S. economy matter, by putting forth his view about stopping the circulation of pennies, according to Rolling Stone.

The latest episode of "Last Week Tonight with John Oliver" was the last show of the year 2015, as the show will be closing down for the upcoming holiday season.

John started off the show insisting the government to bring a small change in the economy next year, by stopping the circulation of penny altogether.

He said that round 8 billion pennies are manufactured every year with the help of zinc. Oliver revealed that, people find less usage of pennies and thus dump them in the trash can, thus resulting in lot of wastage of the mineral.

He also argued that the trash dump can also affect the health of animals, which might accidentally swallow the pennies. John also made a point by saying that businesses today don't approve of pennies as a form of exchange, reported iSchool Guide.

John also a showed a small video clip in which a local news channel experimented over pennies. In the 25 minutes video, it was shown that the media people placed 150 pennies on the ground and not even a single passerby bothered to pick up a single penny from the lot.

He mocked the fortune of pennies, lying on the road with fortune of television actress, Kristie Alley's biography inside a used diaper. The U.S Government spends 1.7 cents to make a single penny which according to John is not appropriate. "The U.S. Mint is spending millions to make garbage," said Oliver, reported Time.

John also teased, pennies are of use to people only for two reasons; one to make a wish and throw them in a pond and another to mock people around by paying them with large amount of pennies.

"Come on; let's dump the penny for the betterment of society," Classicalite quoted the talk-show host as saying.