Coin Shortage Ramps Up War on Cash – Could Something GOOD Come Out of This?
Stefan Gleason with Activist Post reports:
Many retail businesses including grocery stores and fast food restaurants have been wrangling with a national coin shortage. Some are posting notices informing customers that they will need to pay in exact change or use alternative payment methods such as credit cards.
What’s driving this scarcity of quarters, dimes, nickels, and pennies?
The answer from the U.S. Mint: COVID-19. The virus caused some Mint branches to temporarily slow or suspend production this spring. By May, the total number of circulating coins minted this year came in at around 4 billion, a 1 billion-coin shortfall compared with the same period in 2019.
Now as economic activity recovers, there aren’t enough coins to go around.
- But is this really the reason?
Haven’t enough coins been already produced over the last century, and already in circulation to keep the money system in place, by ITSELF? Where did they all go? Are they going to say that people are hoarding coins?
There is also the reasonable question that Youtube Economist, Stephen Gardner asks: Why would The U.S. Mint need to close due to COVID 19 considering they are mostly run by machines?
We know that we live in Biblical times; or for those that question “religion”, we can say EPIC times or HISTORICAL times! We can almost all agree on that.
Is it possible that we are headed toward a total government and currency reset? While the Dem Socialists are using this to push the RFID chip with digital, one world currency … Is it possible that the “good guys” are using this to BRING BACK A GOLD STANDARD?
There is a parallel to everything. Always two sides to the story! One being true doesn’t make the other false.