I have done some studying of banking history , and this smacks of constriction of money supply .
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.