Coin Shortage
You catch this news?
Masks were the first to go. Then toilet paper flew off shelves. And while Americans are being nickel-and-dimed with coronavirus-related costs in a shaky economy, the latest national shortage includes, well, nickels and dimes.
There's a coin shortage in the US.
"What's happened is that, with the partial closure of the economy, the flow of coins through the economy has gotten all — it's kind of stopped," Federal Reserve chairman Jerome Powell said during a virtual hearing with the House Financial Services Committee on Wednesday.
That's because the supply chain that coins usually flow through has been interrupted during the pandemic, Powell said.
(https://www.cnn.com/2020/06/18/us/us-coin-shortage-coronavirus-trnd/index.html)
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Again, another one of those "side effects" of #stupidcorona that very few probably even thought about 3 months ago.
I know I've been trying to avoid touching as much money (especially coins) as possible.
ICK!
Grace & Peace & Love to you all -
Matt
Masks were the first to go. Then toilet paper flew off shelves. And while Americans are being nickel-and-dimed with coronavirus-related costs in a shaky economy, the latest national shortage includes, well, nickels and dimes.
There's a coin shortage in the US.
"What's happened is that, with the partial closure of the economy, the flow of coins through the economy has gotten all — it's kind of stopped," Federal Reserve chairman Jerome Powell said during a virtual hearing with the House Financial Services Committee on Wednesday.
That's because the supply chain that coins usually flow through has been interrupted during the pandemic, Powell said.
(https://www.cnn.com/2020/06/18/us/us-coin-shortage-coronavirus-trnd/index.html)
\
Again, another one of those "side effects" of #stupidcorona that very few probably even thought about 3 months ago.
I know I've been trying to avoid touching as much money (especially coins) as possible.
ICK!
Grace & Peace & Love to you all -
Matt
