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National Coin shortage?

 
Anonymous Coward
User ID: 77056801
United States
07/03/2020 10:47 AM
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Re: National Coin shortage?
Federal reserve contracting currency just like they did in 1929.

Cash is freedom!
Red Rider

User ID: 76738212
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07/03/2020 10:50 AM

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Re: National Coin shortage?
Same exact sign at Sprouts in Texas

[link to imgur.com (secure)]
Anonymous Coward
User ID: 78287957
United States
07/03/2020 10:57 AM
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Re: National Coin shortage?
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".

wtf

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
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Re: National Coin shortage?
First phase in moving to a cashless (crypto) economy....

BUY XRP NOW!!!!!
 Quoting: S.O.S.


XRP? What a joke.
Anonymous Coward
User ID: 71388910
United States
07/03/2020 11:01 AM
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Re: National Coin shortage?
Federal reserve contracting currency just like they did in 1929.

Cash is freedom!
 Quoting: Anonymous Coward 77056801


Contracting coinage is not exactly contracting currency. They just printed 3.5 trillion, capiche?
DuckNCover

User ID: 78922242
United States
07/03/2020 11:01 AM

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Re: National Coin shortage?
So what's the deal. People hoarding coins therefore less in circulation???

Still able to make change orders here in Oklahoma. Seen no signs up regarding coin shortage...
paramedic

User ID: 1366222
United States
07/03/2020 11:04 AM
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Re: National Coin shortage?
Yeppers, companies and banks hoarding coins.
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.
 Quoting: Anonymous Coward 4456006


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
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Re: National Coin shortage?
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".

wtf

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.

 Quoting: WGON


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
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07/03/2020 11:07 AM
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Re: National Coin shortage?
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
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Canada
07/03/2020 11:07 AM
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Re: National Coin shortage?
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.
 Quoting: gdmv


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
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Re: National Coin shortage?
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".

wtf

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.

 Quoting: WGON


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.
 Quoting: Anonymous Coward 77620679


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
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Re: National Coin shortage?
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
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Re: National Coin shortage?
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".

wtf

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.

 Quoting: WGON


They are taking coins but not giving them out.

Which means someone is acquiring coins in bulk to intentionally dry up the supply.

sfan
Anonymous Coward
User ID: 77419313
United States
07/03/2020 11:27 AM
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Re: National Coin shortage?
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".

wtf

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.

 Quoting: WGON


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.
 Quoting: Anonymous Coward 77620679


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
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Re: National Coin shortage?
Start going to all the casinos...play a 60 cent With a bill bet n cash out.

Do that over and over again. Lol.


Think I’m gonna go down the hill now and do it at San Manuel
Anonymous Coward
User ID: 77804384
United States
07/03/2020 11:31 AM
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Re: National Coin shortage?
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"
 Quoting: EllenRipley



That's insane.. seems like it came out of no where
 Quoting: Madmojo1980


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
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Re: National Coin shortage?
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
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Re: National Coin shortage?
Federal reserve contracting currency just like they did in 1929.

Cash is freedom!
 Quoting: Anonymous Coward 77056801


Contracting coinage is not exactly contracting currency. They just printed 3.5 trillion, capiche?
 Quoting: Anonymous Coward 71388910


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
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Re: National Coin shortage?
Screw 'em. Don't play their mind games. Don't participate with mindless drones who kneel and lick the jackboots of Luciferian minions.
Anonymous Coward
User ID: 8446201
United States
07/03/2020 11:39 AM
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Re: National Coin shortage?
Interesting, a few months back when the banks were making it hard to get coins for businesses, my boss put out the ask for change, I rolled up my change bucket that had been accumulating for a decade plus and paid the rent w it for two months.
Anonymous Coward
User ID: 69489708
United States
07/03/2020 11:41 AM
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Re: National Coin shortage?
McD's in Oroville, CA same sign at the drive thru. Cards or exact change no coins.
Anonymous Coward
User ID: 62685097
United States
07/03/2020 11:43 AM
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Re: National Coin shortage?
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!!
 Quoting: darkwolf007


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.
d50
User ID: 70952597
United States
07/03/2020 11:50 AM
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Re: National Coin shortage?
I noticed the same thing when I went into my local gas station yesterday. Never seen them have that problem before.
wopr of a win
User ID: 69489708
United States
07/03/2020 11:51 AM
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Re: National Coin shortage?
I've told people they would remove quarters, basically the world went to shit once video arcades closed, console gaming is 2000% owned by billionshits and alphabettes. Oh George Washington's tears from heaven as e'en the two bits is lost.
Anonymous Coward
User ID: 69489708
United States
07/03/2020 11:52 AM
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Re: National Coin shortage?
I noticed the same thing when I went into my local gas station yesterday. Never seen them have that problem before.
 Quoting: d50 70952597


Yes but how's the new Arby's Chicken?
hoopskirt shotgun
User ID: 69489708
United States
07/03/2020 12:01 PM
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Re: National Coin shortage?
25 cents got you a lot of prophecy back in the day.

Anonymous Coward
User ID: 78785509
United States
07/03/2020 12:03 PM
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Re: National Coin shortage?
Quarter dime & nickel = copper & nickel

Penny = Zinc & copper

Do we have a copper or nickel shortage going on?
 Quoting: Mental Case


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
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Re: National Coin shortage?
I was at Menards Hardware recently and they also had a sign reading, “Due to national coin shortage, we need coins.”

NATIONAL COIN SHORTAGE???

Since when?? .... and WHY?

.
 Quoting: Zovalex


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.
 Quoting: Anonymous Coward 77837750


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.
 Quoting: Anonymous Coward 47276522


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
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Re: National Coin shortage?
I was at Menards Hardware recently and they also had a sign reading, “Due to national coin shortage, we need coins.”

NATIONAL COIN SHORTAGE???

Since when?? .... and WHY?

.
 Quoting: Zovalex


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.
 Quoting: Anonymous Coward 77837750


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.
 Quoting: Anonymous Coward 47276522


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.
 Quoting: Anonymous Coward 79077409


hesright
Anonymous Coward
User ID: 69489708
United States
07/03/2020 12:13 PM
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Re: National Coin shortage?
The Fed takes coins and makes paper, Jesus Christ you'd think you all just showed up at GLP. We are face down, being fucked and electronic chits make us stay there.





GLP