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Change Shortage

My bank's outside sign mentioned a change (coins) shortage due to Covid-19.

Did any of you wise acres hear of such a thing?

by Anonymousreply 4606/30/2020

That's a new one...would love to know the rationale.

by Anonymousreply 106/25/2020

I have not, but I do not like coins anyway.

by Anonymousreply 206/25/2020

You should be shot for even thinking about coins. Step into the 21st Century grand pa.

by Anonymousreply 306/25/2020

I love change. I pick it up when I find it and throw it in a jar. I'm probably responsible for the shortage!

by Anonymousreply 406/25/2020

You know, you can search for things online using simple terms like "coin shortage."

Offsite Link
by Anonymousreply 506/25/2020

Data lounge is my Google

by Anonymousreply 606/25/2020

Went to my local Safeway this morning and the bill came to $110.27. I gave the cashier exact change, and she made a point of thanking me for it. This has happened to me occasionally in recent years, even before the pandemic. Apparently, since more people are charging more, stores get fewer coins, so when they do need to make change they don't have as much of it on hand. So carry some change with you and get a nice thank you.

by Anonymousreply 706/25/2020

R7, did you fastidiously count each individual coin out of your small leather coin purse, while 15 people stood in line behind you, wondering if they'd be able to check-out before the store closed? Why are you using cash? Its dirty, and carries germs, and you're obviously a person of high-risk to CV19. Have you ever heard of credit cards, or debit cards if you're unable to get a credit card? Please join the 21st century, or at least come into the last 50 years, and stop.

by Anonymousreply 806/25/2020

R8 is one of those that pulls out her checkbook with puppies and kittens and proceeds to write out the check including updating the check register.

Excuse me hon, what’s the date today??

by Anonymousreply 906/25/2020

[quote] I gave the cashier exact change, and she made a point of thanking me for it.

R7 doesn't get sarcasm.

by Anonymousreply 1006/25/2020

How ever will you tip your favorite stripper, OP?

by Anonymousreply 1106/25/2020

Don't they have a branch of First CityWide Change Bank in your area?

Offsite Link
by Anonymousreply 1206/25/2020

Coinstar is holding it hostage.

Offsite Link
by Anonymousreply 1306/25/2020

Change is a superspreader. 🦠

by Anonymousreply 1406/25/2020

Maybe no one wants to touch all those coins.

by Anonymousreply 1506/25/2020

I have my collection of quarters, one from each state, so I think I should be ok.

by Anonymousreply 1606/25/2020

If banks would take loose change I have several containers full. But they only take rolled coins and ain't nobody got time for that. Well actually I do but what a PITA.

by Anonymousreply 1706/25/2020

R17, find a bank with a coin counter.

by Anonymousreply 1806/25/2020

"Wiseacre" is one word and used inappropriately.

Why do you ask those you scorn for information?

by Anonymousreply 1906/25/2020

R7, people aren't "charging more," they're using debit cards and cashless forms of payment.

by Anonymousreply 2006/25/2020

No problem for me. I stocked up on bar quarters.

Offsite Link
by Anonymousreply 2106/25/2020

“Change”? What is this “change” of which you speak?

Tap and go, baby - time to join the rest of the world!

by Anonymousreply 2206/25/2020

R9 Wrong again, old dear. I haven't had checks in at least a decade. But I'm sure yours is balanced to the penny. And you pay that extra fee to have the cancelled checks returned to you each month, so you don't have to learn to use online banking.

by Anonymousreply 2306/25/2020

R23, you're scathing! Ouch.

by Anonymousreply 2406/26/2020

We should start a petition at Change.org.

by Anonymousreply 2506/26/2020

I love rolling coins

by Anonymousreply 2606/26/2020

Our local Giant Eagle has all but one self checkout lane working, and to make things worse, it wasn't accepting cash. There's a freaking bank (Huntington) in the store!

by Anonymousreply 2706/26/2020

Seems like if you just put out the word, people would happily bring in their change to Coinstars since they are in grocery stores. Can't believe they are minting more coins per the article at R5. What a waste.

by Anonymousreply 2806/26/2020

I carry a change purse in my man bag.

by Anonymousreply 2906/27/2020

I don't think so, there are more transgenders than ever before

by Anonymousreply 3006/27/2020

“What’s happened is, with the partial closure of the economy, the flow of coins through the economy has ... kind of stopped. The places where you’d go to give your coins and get credit ... those have not been working,” Powell said.

“So, a whole system of flow has kind of come to a stop. We’re well aware of this: We’re working with the mint and we’re working with the reserve banks. And as the economy reopens, we’re seeing coins begin to move around again,”

by Anonymousreply 3106/27/2020

As a kid I used to roll my change all the time. You would have to put your name and phone number on the paper coin sleeves. You could use them at any store just the same as paper money. I think stores did not like accepting them because they thought you were trying to rip them off in someway.

by Anonymousreply 3206/27/2020

As a follow up to R22, the U.S. is behind other developed countries. For example, in the U.K. you can tap and go in most every store - even small kiosk shops. At the very least you can use your debit or credit card to pay. A friend from the U.S. joined me in the U.K. for a couple of weeks and she never had to withdraw money to pay for anything. There are exceptions. I was riding in a taxi in Edinburgh and noticed a Cash Only sign so I asked the driver to take me to an ATM so I could pay him.

Perhaps in our lifetime we will see an end to using any form of cash to make payments.

by Anonymousreply 3306/27/2020

R33, But then those cash only businesses won’t be able to avoid paying taxes! Also, how will the drug mafias be able to launder money?

by Anonymousreply 3406/27/2020

This doesn’t make any sense.

by Anonymousreply 3506/27/2020

R34 more importantly how will elected officials and bureaucrats get a rake-off or bribe that is untraceable.

by Anonymousreply 3606/27/2020

r33

That is against the BLM. One of their demands is an end to this practice as it discriminates against blacks and browns. They also want it to be illegal to charge more for cash. Several progressive cities have banned it.

by Anonymousreply 3706/27/2020

r28 They probably would, if Coinstar didn't charge a fee. I remember I used to haul all my coins to Vegas or Reno and let the casinos run them through their change counters. I wonder if they even have those anymore, since slot machines are pretty much all cashless these days.

by Anonymousreply 3806/27/2020

R33 rR37 I doubt if any time soon we will be cashless or coinless. Was just pointing out that apps like Apple and Google pay allows customers to tap and go - and that U.S. outlets are behind the times. I tried to find a reference regarding BLM being against this form of payment R37 - perhaps you can provide?

I agree that charging for cash, especially if you're withdrawing from your checking account, is wrong. There is an ATM company in the U.K. that has a big sign over their ARMs stating "Free Cash" but when you put your card in and request cash one of the following screens says that you will be charged for a cash withdrawal. Go figure.

by Anonymousreply 3906/27/2020

It isn't a BLM thing exclusively R39, but more of a line of thought that cashless options (especially if cashless is the ONLY option) hurts poor people more.

It doesn't really hurt poor people, but unbanked people (who, on the whole, are usually lower income). I would rather focus on getting these people bank accounts rather than banning cashless stores but whatever. I was really surprised how much cash there is still flowing around (see link).

Offsite Link
by Anonymousreply 4006/29/2020

I have gotten to the point where I don't take anything but my phone and keys with me when going local. Gas, groceries, food, hardware store, gym, whatever. Tap to pay baby.

I do keep some cash in the car <$100.

by Anonymousreply 4106/29/2020

The big issue with tap to pay is, in the US, the two largest retailers don't accept it - Walmart and Kroger.

by Anonymousreply 4206/29/2020

YES R42. It really pisses me off. I finally gave up and loaded the Walmart App. It uses a QRS code. I can usually just walk up, scan my groceries (don't bag), and then scan the code. No need to push finish or anything. Scanning the QRS code closes and finishes the transaction. I bag anything I can't just throw back in cart and take off. Receipt goes to app. And I haven't touched anything on that nasty POS.

by Anonymousreply 4306/29/2020

We should get rid of the penny. It’s not like you grab your pennies to bring with you when you go shopping.

The dollar bill, too. They’re both obsolete.

by Anonymousreply 4406/29/2020

So the Trump administration is so incompetent they can't even get the money supply intact?

My local big box store just changed all the self checkouts to cards only, no cash payment because of "the nationwide change shortage"

by Anonymousreply 4506/30/2020

Credit/debit cards are convenient, and it’s fortunate for the corporations that people are addicted to them.

If you have self-discipline and a rational mind, it’s not a big deal. But many people don’t.

by Anonymousreply 4606/30/2020
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