Thread Starter: Pretty Penny
Title: Re: Change Shortage?
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https://www.usatoday.com/story/mone...nnies-nickels-dimes-quarters/3230828001/
https://www.cnn.com/2020/06/18/us/us-coin-shortage-coronavirus-trnd/index.html
https://www.wbir.com/article/money/.../51-90903085-84dc-478e-8dbd-c7e58361d653
Personally I think hoarding coins (as an individual or business person) would be stupid. One dollar bills and five dollar bills, on the other hand - I think it would be prudent to have $100 worth of each, being that I live in a rural area where many businesses (especially those in the agricultural sector) don't take credit or debit cards. If you find a small business charging you $4.50 for something, it would not be the end of days if you had to pay with a fiver and walk away without your two quarters. Coin production will be back to normal very soon and it would be beyond stupid for people to try to hoard a bunch of rolls of quarters.
People hoarded toilet paper and then businesses put up signs saying they won't take returns or make refunds for toilet paper. Maybe banks should do the same thing, for consumers who want to get $500 in coins. Provide it or some of it, but assure them that you won't accept it for deposit if they keep it for longer than week, something like that...
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