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Coin Shortage


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https://www.zerohedge.com/economics/us-mint-ups-coin-production-circumvent-shortage

 

 

According to the New York Times, the U.S. Mint is upping its coin production after shortages of coins have been reported in the U.S. as a result of the coronavirus pandemic.

On June 15, the Federal Reserve had first implemented quotas for distribution locations to further protect its coin inventories, which were running low. As a result, banks and other distributors of coins received less than what they ordered or even less than their usual allotments, according to the Times. Especially businesses are routinely turning to banks in order to receive coins and other tender to fill up their registers.

Chair of the Fed, Jerome Powell, said that closures of parts of the economy due to COVID-19 were responsible for disrupting the normal flow of coins through the system.

Statista's Katharina Buchholz notes that, according to numbers by the U.S. Mint, coin production for circulation has actually decreased during the last couple of years and because of COVID-19 restrictions for Mint workers, has had some particularly slow months in the first half of 2020.

In the second half of 2020, the Mint expects production increases to 1.2 billion coins in June and 1.35 billion coins per month for the rest of the year– which would add up to a projected total of 14.2 billion coins produced in 2020.

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19 hours ago, Principiis Obsta said:

 

It's a name most don't use or associate with the entity (real) the elite "worship" 

 

It is contained in a leaked Clinton email. 

 

 

IMG_20200707_022439.jpg

 

Really? :classic_ohmy:

She signs as Tri?

Interesting... Was this for her election? She needed a rabbit's foot? :classic_biggrin:

Now, why would she need such thing if she makes an offering to that entity. She sounds like she doesn't know what she's doing. lol

 

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The signs have been there for awhile. Pushing cashless options, encouraging people to do their postal preparations on the internet,  and doing their taxes and even charging their bus cards on the internet, as of recently. The face to face services worsen, yet the prices still rise.

 

Last I visited a local movie theater, they had removed the option to pay with anything else other than vouchers and credit cards. Had the movie I saw was not so good and uplifting, I might have actually asked the woman behind the till afterwards, whether she knew who made the decisions, and if so, to kindly tell them such regards, as to "take your privacy invading, cashless, technocratic BS put in place due to lies, and to shove it where the sun doesn't shine".

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