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Started By
Message
re: coin shortage and possibly cash shortage
Posted on 8/3/20 at 3:44 pm to wareaglepete
Posted on 8/3/20 at 3:44 pm to wareaglepete
We apparently stopped minting new coins and probably stopped printing new bills.
Not a huge issue with regards to big bills like twenties and hundreds but it is a HUGE issue given the rate at which one dollar bills wear out.
Not a huge issue with regards to big bills like twenties and hundreds but it is a HUGE issue given the rate at which one dollar bills wear out.
1
Posted on 8/3/20 at 3:48 pm to Ace Midnight
quote:
People are hoarding physical money due to the crisis
Cash and coin are some of the nastiest things on the planet.
Posted on 8/3/20 at 3:58 pm to CrimsonShadow
Actually, I have a personal story that confirms the coin shortage IS real. Went into a local 7-11 (like a Wawa, Royal Farms, etc.) for coffee. Cashier asking for coins, the store can't get coins from the bank. Family member rolled up $100 in coins and gave the rolls to the manager. Manager very grateful. So yes, hard to believe but it's true!
Posted on 8/3/20 at 5:17 pm to La Place Mike
quote:
There is no coin shortage. Go to the casino and cash out, if you are lucky enough to cash out, there are plenty of coins in those machines.
Hmmmm....been awhile since you were at a casino...no more coins. They print paper tickets that you redeem at the cashier or a money machine.
Posted on 8/3/20 at 5:21 pm to CrimsonShadow
I have 18 water cooler bottles full of coins
If I put them back in circulation then coin shortage will be over
If I put them back in circulation then coin shortage will be over
Posted on 8/3/20 at 5:23 pm to La Place Mike
quote:
there are plenty of coins in those machines.
What casinos still use coins?
Few joints on Fremont street do...not sure who else
This post was edited on 8/3/20 at 5:25 pm
Posted on 8/3/20 at 5:28 pm to oldcharlie8
Sounds like the money printer needs to go brrrrr some more
Posted on 8/3/20 at 6:13 pm to La Place Mike
You people with your conspiracy theories lol
Just about every industry has shut downs or is short workers but somehow you think the US Mint doesn’t? LOL. Maybe he US Mint gets their worker pool from some other base like martians or moon people?
With all of the efforts for 20 years to get rid of the penny in your mind the US has to resort to a conspiracy to dump coins. Haha.
The Coin Shortage is very real. it isn’t a boogie man under the bed.
Just about every industry has shut downs or is short workers but somehow you think the US Mint doesn’t? LOL. Maybe he US Mint gets their worker pool from some other base like martians or moon people?
With all of the efforts for 20 years to get rid of the penny in your mind the US has to resort to a conspiracy to dump coins. Haha.
The Coin Shortage is very real. it isn’t a boogie man under the bed.
Posted on 8/3/20 at 6:30 pm to concrete_tiger
quote:
Who here actually carries cash, anyway? And if you do, are you my dad?
I rarely, I mean, almost never, have cash on me. Usually I have zero. Sometimes I might have a couple bucks.
Once people realize how awesome tap to pay, apple pay, etc, really are... I can see a lot of people not turning back.
Congrats, you are a poster child for what the Fed, Central Banks, Big Govt, Big Brother, Globalist Cabal, Beelzebub,etc..all want..
Book of Revelation..sheep ready for the Mark of the Beast..and future slaughter!
I don't know who's Pods you need more..Jack Van Impe, Charles Stanley, Hagee, Laurie,etc..or Robert Kiyosaki, Peter Schiff, Ray Dalio, Jim Rogers,etc..?
They may all worship different God/gods, earthly or celestial, they may even vote differently, but they'd all agree on your post being wrong.
This post was edited on 8/4/20 at 7:14 am
Posted on 8/3/20 at 6:38 pm to TheRoarRestoredInBR
quote:
Congrats, you are a poster child for what the Fed, Central Banks, Big Govt, Big Brother, Globalist Cabal, Beelzebub,etc..all want..
Book of Revelation..sheep ready for the Mark of the Beast..and future slaughter!
Well said Roar.
Nothing they want more than a cashless society. I bitch about it to the grandkids who are basically clueless as to what's going on around them.
Posted on 8/3/20 at 6:52 pm to concrete_tiger
quote:
Who here actually carries cash, anyway? And if you do, are you my dad? I rarely, I mean, almost never, have cash on me. Usually I have zero. Sometimes I might have a couple bucks.
No I am not your dad, no child support you greedy frick.
I always carry and pay in cash, only exceptions are for larger purchases where I get rewards for putting on cc.
Cash is King
Posted on 8/3/20 at 6:53 pm to oldcharlie8
frick Charlie
Yore old.
And stupid
Yore old.
And stupid
Posted on 8/3/20 at 8:22 pm to OchoDedos
quote:
Cash and coin are some of the nastiest things on the planet.
Please send me your address and I will stop by to accept your free will donation of all of that nasty stuff. Convert your bank account to coin and bills first so that you can do your part for humanity.
Posted on 8/3/20 at 8:57 pm to teke184
quote:
probably stopped printing new bills.
I think the printing press is going burrrr.
Last time I got a C-Note, it was fresh and crisp.
It even had Steve Munchin’s signature instead of one of Obama’s minions.
Posted on 8/3/20 at 9:04 pm to TheRoarRestoredInBR
quote:
Congrats, you are a poster child for what the Fed, Central Banks, Big Govt, Big Brother, Globalist Cabal, Beelzebub,etc..all want.
Lol da devil.
Posted on 8/3/20 at 9:54 pm to oldcharlie8
Only around 5% of the nations money supply exists as cash. Getting rid of it is not going to affect tax revenue or monetary policy any significant amount.
Posted on 8/4/20 at 6:04 am to concrete_tiger
quote:
Lol da devil.
He wants you laughing & disbelieving his existence.
And the aforementioned want you believing they can be trusted with your net worth, and that they will not take advantage of you.
What could possibly go wrong?
Posted on 8/4/20 at 7:01 am to canyon
quote:
Yore old.
quote:
And stupid
Posted on 8/4/20 at 7:04 am to EA6B
quote:
Only around 5% of the nations money supply exists as cash. Getting rid of it is not going to affect tax revenue or monetary policy any significant amount.
No but it would allow the government to track/confiscate wealth much more easily.
Posted on 8/4/20 at 7:09 am to bayoudude
Bingo!
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