National Coin shortage? | |
Anonymous Coward User ID: 77056801 United States 07/03/2020 10:47 AM Report Abusive Post Report Copyright Violation | |
Red Rider
User ID: 76738212 United States 07/03/2020 10:50 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 78287957 United States 07/03/2020 10:57 AM Report Abusive Post Report Copyright Violation | Went to a local gas station and they had a sign up asking you to pay with exact change or with your card. It's the first time I've heard of it. Quoting: Madmojo1980 Same thing for me at Meijer's yesterday. Self serve checkout are had big signs saying cards only due to "national coin shortage". Makes. No. Sense. What kind of fuckery is this about, because you KNOW there's some kind of fuckery about with this oddball shit. What's the real story? Never heard of this 'till yesterday. - PS, I'm in Michigan. |
Anonymous Coward User ID: 78768920 United States 07/03/2020 11:00 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 71388910 United States 07/03/2020 11:01 AM Report Abusive Post Report Copyright Violation | |
DuckNCover
User ID: 78922242 United States 07/03/2020 11:01 AM Report Abusive Post Report Copyright Violation | |
paramedic
User ID: 1366222 United States 07/03/2020 11:04 AM Report Abusive Post Report Copyright Violation | Yeppers, companies and banks hoarding coins. Quoting: Anonymous Coward 4456006 Watch for the hyper inflation an financial collapse in the future. They will most likely cut a few zeros off the tail end of the bills and keep the coins the same. In my opinion. I reported this last week, Ya'll a little late to the party. wake up quicker folks. 1. For those of are that are Christian, Time line flying at warp speed to The Tribulation time(s) 2. For those that are not Chrsitian: Good luck to ya and the One World Government, Religion is right around the corner |
Anonymous Coward User ID: 77620679 Canada 07/03/2020 11:06 AM Report Abusive Post Report Copyright Violation | Went to a local gas station and they had a sign up asking you to pay with exact change or with your card. It's the first time I've heard of it. Quoting: Madmojo1980 Same thing for me at Meijer's yesterday. Self serve checkout are had big signs saying cards only due to "national coin shortage". Makes. No. Sense. What kind of fuckery is this about, because you KNOW there's some kind of fuckery about with this oddball shit. What's the real story? Never heard of this 'till yesterday. - PS, I'm in Michigan. Personally, I never use the self-service checkouts. I like the idea that I am helping keep a real person employed and earning a living for themselves rather than making someone lose a job and then have to support them via welfare checks. |
greatgray1
User ID: 77533405 United States 07/03/2020 11:07 AM Report Abusive Post Report Copyright Violation | I didn’t read al of the comments, so I apologize if this is a repeat. Here in Michigan, it started a week or so ago at Meijer stores. No cash at the self checkout. But today, I was at 7-11 and they have the sign. Exact change or use a card. I agree with most that this is just a way to usher in a cashless system. If you think about it, it makes money laundering harder with a cashless system. Now every transaction is tracked. EVERY transaction. greatgray1 |
Anonymous Coward User ID: 77698892 Canada 07/03/2020 11:07 AM Report Abusive Post Report Copyright Violation | Went to a local gas station and they had a sign up asking you to pay with exact change or with your card. It's the first time I've heard of it. Quoting: Madmojo1980 Cash is freedom, they can control your card and record you transactions, shortage is lie as everything else they tell us. Bingo. We are about to go into hyperinflation. They will just start adding zeros. You can’t have coins where metal value is worth more than coins. Junk silver is now worth 15 to 20 times face value. |
paramedic
User ID: 1366222 United States 07/03/2020 11:08 AM Report Abusive Post Report Copyright Violation | Went to a local gas station and they had a sign up asking you to pay with exact change or with your card. It's the first time I've heard of it. Quoting: Madmojo1980 Same thing for me at Meijer's yesterday. Self serve checkout are had big signs saying cards only due to "national coin shortage". Makes. No. Sense. What kind of fuckery is this about, because you KNOW there's some kind of fuckery about with this oddball shit. What's the real story? Never heard of this 'till yesterday. - PS, I'm in Michigan. Personally, I never use the self-service checkouts. I like the idea that I am helping keep a real person employed and earning a living for themselves rather than making someone lose a job and then have to support them via welfare checks. I agree, with keeping people employed, But them basically telling us we need to stop using cash, has really nothing to due with the size of the workforce. |
Anonymous Coward User ID: 79103191 United States 07/03/2020 11:09 AM Report Abusive Post Report Copyright Violation | Went to the bank (in mid-Missouri) yesterday, and asked for a couple rolls of quarters for use at the laundromat. At first they refused, saying that due to the coin shortage, they were no longer allowing people to have rolls of coins. But because I have an account there, and have gotten rolls of quarters there in the past for use at the laundromat, they relented, compromised, and let me have just one roll of quarters. I got the impression that I might not be able to get even one roll of quarters next time. I've got to get the plumbing fixed one of these days so I don't have to keep going to the laundromat. |
Anonymous Coward User ID: 79051736 United States 07/03/2020 11:20 AM Report Abusive Post Report Copyright Violation | Went to a local gas station and they had a sign up asking you to pay with exact change or with your card. It's the first time I've heard of it. Quoting: Madmojo1980 Same thing for me at Meijer's yesterday. Self serve checkout are had big signs saying cards only due to "national coin shortage". Makes. No. Sense. What kind of fuckery is this about, because you KNOW there's some kind of fuckery about with this oddball shit. What's the real story? Never heard of this 'till yesterday. - PS, I'm in Michigan. They are taking coins but not giving them out. Which means someone is acquiring coins in bulk to intentionally dry up the supply. |
Anonymous Coward User ID: 77419313 United States 07/03/2020 11:27 AM Report Abusive Post Report Copyright Violation | Went to a local gas station and they had a sign up asking you to pay with exact change or with your card. It's the first time I've heard of it. Quoting: Madmojo1980 Same thing for me at Meijer's yesterday. Self serve checkout are had big signs saying cards only due to "national coin shortage". Makes. No. Sense. What kind of fuckery is this about, because you KNOW there's some kind of fuckery about with this oddball shit. What's the real story? Never heard of this 'till yesterday. - PS, I'm in Michigan. Personally, I never use the self-service checkouts. I like the idea that I am helping keep a real person employed and earning a living for themselves rather than making someone lose a job and then have to support them via welfare checks. LOL. I do the opposite. The people that work at a particular grocery store near me are mean and crabby so I avoid them anyway possible. |
lurker342
User ID: 78813040 United States 07/03/2020 11:27 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 77804384 United States 07/03/2020 11:31 AM Report Abusive Post Report Copyright Violation | Went to a local gas station and they had a sign up asking you to pay with exact change or with your card. It's the first time I've heard of it. Quoting: Madmojo1980 I saw a sign saying exactly the same thing yesterday here in Cali "due to coin shortage" That's insane.. seems like it came out of no where Yep, they keep turning up the fire under this pot of frogs. They've gotten a little bold with their increments and the frogs are starting to notice. |
Anonymous Coward User ID: 66390503 United States 07/03/2020 11:35 AM Report Abusive Post Report Copyright Violation | They want to eliminate all currency and all coinage. And 9% of the time, that is what happens. What is it you don't understand? They are moving to the mark of the Beast system so they can control every aspect of your life with a national ID card. Then the government will have all your social media history, your financial history, you medical history, and can utterly control you. What imbeciles. Some want the chip. The second that RFID was created, we were doomed. |
Anonymous Coward User ID: 79099503 07/03/2020 11:36 AM Report Abusive Post Report Copyright Violation | Federal reserve contracting currency just like they did in 1929. Quoting: Anonymous Coward 77056801 Cash is freedom! Contracting coinage is not exactly contracting currency. They just printed 3.5 trillion, capiche? 99% of that is in digital currency only, and that’s for those in the club that we aren’t in. You most likely will never see a dime of that. |
Anonymous Coward User ID: 66390503 United States 07/03/2020 11:36 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 8446201 United States 07/03/2020 11:39 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 69489708 United States 07/03/2020 11:41 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 62685097 United States 07/03/2020 11:43 AM Report Abusive Post Report Copyright Violation | Went to a local gas station and they had a sign up asking you to pay with exact change or with your card. It's the first time I've heard of it. Quoting: Madmojo1980 Yeah. I had not heard anything of this until this last Sunday when my step father and I went to our local QT store after we did our laundry. I figure that the hyperinflation of the American fiat dollar is about to violently explode planet wide. It is already well underway now. More and more food products and food stuff, and drinks are roughly fifty percent more than they ever have been before. Giga-Doom coming for us all. Giga-Doom!! Ifn yer doin yer laundry at the laundromat with yer stepfather then I don't trust yer opinion on anything and would never take advice from you. |
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hoopskirt shotgun User ID: 69489708 United States 07/03/2020 12:01 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 78785509 United States 07/03/2020 12:03 PM Report Abusive Post Report Copyright Violation | Quarter dime & nickel = copper & nickel Quoting: Mental Case Penny = Zinc & copper Do we have a copper or nickel shortage going on? No, it's about people using cash. As others have said they want digital currency and they have to make cash less available in all it's forms particularly coins because they have intrinsic value that paper doesn't. In a barter situation coins are desirable also for use in vending machines and anything that could have been made to be coin operated. I find coins very practical to have. With the announcements people will hoard them more. But, I actually think banks removed them to start with back to the Reservation. To take them out of circulation where only what's loose in he US is what there is. Closing the noose tighter on distribution. |
Anonymous Coward User ID: 79077409 United States 07/03/2020 12:04 PM Report Abusive Post Report Copyright Violation | I was at Menards Hardware recently and they also had a sign reading, “Due to national coin shortage, we need coins.” Quoting: Zovalex NATIONAL COIN SHORTAGE??? Since when?? .... and WHY? . They are going to stop making them. Hyperinflation is coming. 1's and 5's will be gone soon, too. The Fed is insolvent, and they can pull the plug on the entire economy any time they want. And the people they represent want to. But they need a very big distraction, to make the collapse seem feasible. In your opinion. How about the banks are HOARDING coins because they know their value is soon to shoot sky high. There is no coin shortage - that is utter horseshit. More likely is a revaluation (reset) on the dollar, where paper bills and computer accounts are revalued to a fraction of their nominal value. Like say a $10 bill becomes a $1 bill and a $2000 bank balance becomes a $200 bank balance. The reason that coins are pulled from circulation is that they retain their face value since they are not FEDERAL RESERVE notes or accounts denominated in FEDERAL RESERVE NOTES. They are, instead, Treasury coinage with a face value of a quarter dollar. Here's the explanation and basic math on how it works: If you have a $100 FRN bill, you could (before) go change it out for 400 quarter dollars. AFTER a revaluation of existing FRNs, a $100 bill only buys $10 worth of goods. That $100 bill becomes only an equivalent worth of 40 quarter dollars AFTER the reval. But if you had the 400 quarters instead of the $100 FRN, you would STILL HAVE $400 worth of purchasing power with those quarter dollars. 400 quarter dollars is still 400 quarter dollars because it says quarter dollar right on it and it is NOT a FRN issued by a private bank, but rather a Treasury coin issued by the US Mint. Make sense? While removing all paper and coin, in favor of a central bank digital currency system, is the big goal, this "coin shortage" is to prevent stocking up on coinage that retains face value after the FRN devaluation. Holding coinage, particularly quarters, retains face value regardless of what happens to the FEDERAL RESERVE NOTE. |
Anonymous Coward User ID: 79051736 United States 07/03/2020 12:12 PM Report Abusive Post Report Copyright Violation | I was at Menards Hardware recently and they also had a sign reading, “Due to national coin shortage, we need coins.” Quoting: Zovalex NATIONAL COIN SHORTAGE??? Since when?? .... and WHY? . They are going to stop making them. Hyperinflation is coming. 1's and 5's will be gone soon, too. The Fed is insolvent, and they can pull the plug on the entire economy any time they want. And the people they represent want to. But they need a very big distraction, to make the collapse seem feasible. In your opinion. How about the banks are HOARDING coins because they know their value is soon to shoot sky high. There is no coin shortage - that is utter horseshit. More likely is a revaluation (reset) on the dollar, where paper bills and computer accounts are revalued to a fraction of their nominal value. Like say a $10 bill becomes a $1 bill and a $2000 bank balance becomes a $200 bank balance. The reason that coins are pulled from circulation is that they retain their face value since they are not FEDERAL RESERVE notes or accounts denominated in FEDERAL RESERVE NOTES. They are, instead, Treasury coinage with a face value of a quarter dollar. Here's the explanation and basic math on how it works: If you have a $100 FRN bill, you could (before) go change it out for 400 quarter dollars. AFTER a revaluation of existing FRNs, a $100 bill only buys $10 worth of goods. That $100 bill becomes only an equivalent worth of 40 quarter dollars AFTER the reval. But if you had the 400 quarters instead of the $100 FRN, you would STILL HAVE $400 worth of purchasing power with those quarter dollars. 400 quarter dollars is still 400 quarter dollars because it says quarter dollar right on it and it is NOT a FRN issued by a private bank, but rather a Treasury coin issued by the US Mint. Make sense? While removing all paper and coin, in favor of a central bank digital currency system, is the big goal, this "coin shortage" is to prevent stocking up on coinage that retains face value after the FRN devaluation. Holding coinage, particularly quarters, retains face value regardless of what happens to the FEDERAL RESERVE NOTE. |
Anonymous Coward User ID: 69489708 United States 07/03/2020 12:13 PM Report Abusive Post Report Copyright Violation | |