Posted on 08/11/2020 9:30:25 AM PDT by cuz1961
Was it the coin rapture ?
If all our good coins were taken in the blink of an eye, are the coins that got left behind evil ?
Funny. I *DO* kinda wonder how coins “unexpectedly” went low in circulation.
My sister works for Brinks. She says there is NO coin shortage. It’s just another scam.
We turned in about a hundred dollars worth of coins that we had collected over the past 20 years last April. I am glad that we helped out all the coin hoarders.
Have you noticed that only the coins that say “In God We Trust” are missing?
I have asked banks where all the coins disappeared to, and the answers were all as logical as my new theory.
( Not a dig at pre tribbers, I’m one )
I think it’s a manufactured *shortage*.
They are blaming it on COVID and the mint production down because of the virus, but I don’t believe it for a second.
OK well the explanation I heard was by a cashier at Dollar Tree a couple weeks ago. She said that POTUS is sending all of the coins to Putin. So that must be it. She also (chatting with a customer) said that the only way to get rid of POTUS will be assassination. She had a few other things to say about POTUS, including that he was conspiring with Putin to kill our military members in Afghanistan for some special “bounty”. The customer with whom she was discussing all of this was in full agreement.
Are they trying to force everyone to do electronic payments?
My question is:
How many people, like me, have no change to ride the bus, or do their laundry???
Not every town that has a city bus, has a “monthly fee pass”. Whwrre I live, the “pass” is only good for senior citizens and handicapped folks to pay with less change, than the rest of the population.
The coins are under the bed with all the toilet paper.
Can’t wipe with coins.
But when paper currency is inflated, or outlawed, you can supplement your dwindling TP supply.
I have done some studying of banking history , and this smacks of constriction of money supply .
People need to understand the term “Monetary Velocity.”
There are plenty of coins out in the system. They just are not moving. At least not very quickly.
OK...why would they do this? What is their “end game?”
I hear this is some big conspiracy theory—but short of “people are not using them” I haven’t heard a theory that makes any sense.
Does yours?
Yup,,, laundry is what is irking me. I can’t use my apt complex laundry room,,,the self car wash is now token only,
AND
the laundromat has DOUBLED their price of wash and dry.
Grrrr.
Same here on the pretrib, just recently. No coin shortage, but many are demanding exact change.
No way there are that many coin hoarders. Although, my late mom was part of that group. There were coin rolls and coins in medicine bottkes all over the house. Still finding them.
Bank lobbies are closed. People cannot deposit their coins they collect like they usually do.
Where are the coins? Are the banks hanging on to them? If it’s about money, you know the Feds are involved.
Its not constriction. The coins have not been melted down for use other places. Nor is their any new “bad” money to push out the otherwise shitty old money.
This is purely a veolocity issue. I used to come home from work every day and toss my change into a goldfish jar. Once a year I would empty it to buy “stocking” gifts for my kids at Christmas.
No coins have gone in the jar since February. None have come out. I haven’t done many cash transactions.
I probably $300 worth of coins just sitting in my house.
Its all about velocity.
Look into fountains. You might find three coins.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.