...or it’s about the coming hyperinflation...coins will have no value.
Nope, the want people using easily traceable plastic.
POTUS needs to nip this crap in the bud.
Inflation is definitely on its way and its probably going to be the worst we’ve ever seen. JMHO
Wrong, I worked in South America for a few years, coins disappeared first and were rare to find as people hoarded them for their metal value. When the inflation hit, the coins value doubled, then tripled, then went threw the roof. Having witnessed that in SA, I can’t help to think it is a harbinger of things to come.....coins first disappeared, then all small bills, all before the revalued new currency was printed ( with more zeros).
Actually, in an inflationary environment coin values escalate because of the base metal increase. Coinage disappearing is Gresham’s law at work, bad money chasing out good, the good being a currency form that actually reflects value, or at minimum a greater value, in it’s content.