Kek
I wonder if you could get 10% off if you paid in pennies.
Coin Shortages Are the New Toilet Paper in the Ongoing Pandemic
>These past few weeks, as the world declared a worldwide pandemic, we've seen workplaces shut down, a weird time frame where finding toilet paper was like coming across a hidden treasure, and the economy has been stalled as we've never seen in our lifetime.
>As the country slowly starts to re-open in some areas, we see a new surprise. Why is there a coin shortage in America 2020? Here's the lowdown on this strange occurance.
Why is there a coin shortage in America 2020?
>According to USA Today, the latest random thing impacted by COVID-19 is coins in America. The news outlet says the Federal Reserve, the central banking system of the United States of America, there is a real issue with not having enough circulating coins to support the economy.
>"With the partial closure of the economy, the flow of funds through the economy has stopped," Reserve Chair Jerome Powell said during a virtual hearing with the House Financial Services Committee, according to USA Today.
>"We are working with the Mint and the Reserve Banks, and as the economy re-opens, we are starting to see money move around again."
>Yes, the whole coin shortage issue is all related to the novel coronavirus, a side effect of shutting down or slowing down the economy that none of us regular people even thought could happen.
>According to a statement released by the Reserve Banks and Federal Reserve, on June 15, they had to be selective about where they sent the remaining coins to.
>"The COVID‐19 pandemic has significantly disrupted the supply chain and normal circulation patterns for U.S. coin," the statement said. "In the past few months, coin deposits from depository institutions to the Federal Reserve have declined significantly, and the U.S. Mint's production of the coin also decreased due to measures put in place to protect its employees."
https://www.distractify.com/p/why-is-there-a-coin-shortage-in-america-2020