Coin Circulation Problem: Has Unintended Consequences #GetCoinMoving


What do you do with your coins? Are they on top of your dresser?

  • There isn't a coin shortage problem, there is a coin circulation problem.
  • During the pandemic people stopped spending case (for obvious reasons) and turned to electronic spending like Apple Pay etc...and this is affecting businesses.
The Federal Reserve says -“There is currently an adequate overall amount of coins in the economy,”
  • Small businesses are hit hard by the coin shortage because they may have to turn away paying customers if they cannot make change.
  • It also hurts the most economically vulnerable consumers, many of whom operate in a largely cash economy.

HOW CAN YOU HELP

#GetCoinMoving

  1. Spend the coin
  2. Use exact change
  3. Take them to your bank
  4. Bring to coin shortage machine

Photo Credit: Getty Images


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