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Posted on 8/12/20 at 3:29 am to tgrbaitn08
Because cash itself is being used less and less
Posted on 8/12/20 at 3:56 am to LanierSpots
quote:
I have tons of change right now. Probably in the 1K range. The only way I have to cash it in is to take it to Publix and use the machine which keeps like 5% of the total. Just dumb Banks have not wanted to take it so I just keep pilling it up
Idk what yall are Talking about with this stuff, my bank will take my change and count it for me and everything. Rolled or unrolled
This post was edited on 8/12/20 at 3:56 am
Posted on 8/12/20 at 5:56 am to Wishnitwas1998
quote:
Idk what yall are Talking about with this stuff, my bank will take my change and count it for me and everything. Rolled or unrolled
I use Wells Fargo and they will not.
Posted on 8/12/20 at 6:28 am to bad93ex
What are coins and what is cash. Plastic for everything
Posted on 8/12/20 at 6:41 am to tgrbaitn08
We just drove 3 trillion dollars in to the economy and didn’t balance it with coins.
Posted on 8/12/20 at 6:46 am to Capstone2017
quote:
amex black isn't prestigious as it used to be, there are tons of better credit cards now.
:that's racist:
Posted on 8/12/20 at 7:50 am to Bestbank Tiger
The only coins that have actual value were minted prior to 1964 due to their melt value. Everything minted after that offers no protection against hyperinflation and is only worth face value.
Hoarding modern coins is funny.
Hoarding modern coins is funny.
Posted on 8/12/20 at 7:52 am to Dominate308
Panic causes people to do stupid stuff like buying toilet paper. This is a another example.
Posted on 8/12/20 at 7:54 am to Capstone2017
quote:
Anyone who actually has amex would know that. Also amex black isn't prestigious as it used to be, there are tons of better credit cards now.
What other cards have a minimum requirement to charge $250k a year to even qualify?
Posted on 8/12/20 at 10:59 am to tgrbaitn08
Why count coins? Just weigh them.
Posted on 8/12/20 at 11:44 am to Dominate308
quote:
Dominate308
I'm surprised you didn't mention fiat currency again.
Posted on 8/12/20 at 11:46 am to Wishnitwas1998
quote:
Idk what yall are Talking about with this stuff, my bank will take my change and count it for me and everything. Rolled or unrolled
The two Capital One branches near me won't do it.
I guess they have to still do it for their business customers, but it's very chickenshit of them to not offer it to all customers.
Posted on 8/12/20 at 11:53 am to tgrbaitn08
quote:
I bought a beverage a little while ago and it was $3.38 and I gave her a $5 and she only gave me $1 back. I was like WTF, where’s the rest of my change. She just looked at me, couldn’t tell what she said or if she smiled bc Of mask
Why are you still paying for things with paper money?
It's 2020.
Posted on 8/12/20 at 12:02 pm to Odysseus32
quote:
Why are you still paying for things with paper money?
Because I always carry cash
Posted on 8/12/20 at 12:05 pm to soccerfüt
Velocity of money.
Posted on 8/12/20 at 12:11 pm to Hot Carl
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.
Posted on 8/12/20 at 2:31 pm to tgrbaitn08
quote:
Because I always carry cash
I can't think of a single reason to carry cash.
Even tipping can be done on a tablet in most places. At the very least by receipt. Most self-serve car washes even have card readers.
Cash transactions are virtually useless.
Posted on 8/13/20 at 12:41 am to notiger1997
I use a small town bank so maybe that has something to do with it
Posted on 8/13/20 at 5:27 am to tgrbaitn08
There isn’t a shortage. Businesses say that so their employees don’t have to handle dirty arse money.
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