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re: Why is there a coin shortage?

Posted on 8/11/20 at 1:12 pm to
Posted by Hot Carl
Prayers up for 3
Member since Dec 2005
59490 posts
Posted on 8/11/20 at 1:12 pm to
quote:

Why is there a coin shortage?


People aren’t spending as much in general, especially in cash. They still exist, they just aren’t circulating.
Posted by Wtodd
Tampa, FL
Member since Oct 2013
67524 posts
Posted on 8/11/20 at 1:13 pm to
quote:

People aren’t spending as much in general, especially in cash

Agree...more online purchases from home
Posted by Steadyhands
Slightly above I-10
Member since May 2016
6846 posts
Posted on 8/12/20 at 12:11 pm to
quote:

quote:
Why is there a coin shortage?


People aren’t spending as much in general, especially in cash.


this part is wrong. In order for the coins to have been dispersed to the public, causing a shortage, means that cash has to have been spent. The issue is that people are getting change and likely not cashing it in at the bank, where it can be distributed back to the stores.
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