I’m seeing places that say they’re short on coins, how does this happen? I looked it up and I’m still confused.
In: Economics
People don’t tend to recirculate coins. They go into a giant jar at the end of the day rather than getting spent elsewhere. And people are using cash less in general. In normal times, people may go to the bank or Coinstar to cash in coins occasionally but may be less likely to do so during a pandemic. Even if people’s behavior is more back to normal now, lags in behavior created hiccups in the system.
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