U.S. Sees Coin Shortage
Jul 03, 2020
3 minutes
By Richard Giedroyc
A shortage of COVID-19 respirator masks, then a shortage of toilet paper, an economic shutdown, and now a shortage of coins? We’ve been nickeled and dimed with extra expenses during the coronavirus pandemic, but now even those nickels and dimes appear to have vanished.
Even cashless society advocates are scratching their heads. If people are using less cash, then why is demand for coins outstripping supply?
News of the shortage came straight from the top: Federal Reserve Chairman Jerome Powell. Powell’s announcement was made
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