COVID is part of the reason...
People are more hesitant to exchange coins with people. Either because they are “germy” or you have to get relatively close to someone.
But most transactions now are cashless. So people take coins when they do get them and throw them in some sort of container and think “maybe someday they will be useful”. And then the coins just sit around instead of being in the economy.
For the record, I have no idea if there is a coin shortage. But they are just becoming used less in our economy.
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In response to this post by HOKIERIT)
Posted: 07/26/2020 at 8:09PM