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2 of my Banks have notified me of another Coin shortage.
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<p>[QUOTE="Jim-P, post: 7683388, member: 118020"]At first I thought the bank(s) in question were making excuses to not provide customer service. But got me thinking....</p><p><br /></p><p>If "...coin circulation patterns have not fully returned to pre-pandemic levels," wouldn't that mean less coins are needed? Appreciate that more people don't want to touch things now, so fewer coins are needed in favor of cc transactions?</p><p><br /></p><p>Then I remembered while living in Europe the people that wound up with lots of coins from various countries because it was too hard to deal with different exchange rates and easier to just pay with notes. Eureka! There's a coin shortage because nobody knows how to count anymore. If they don't have an app to take a picture of their hand and tell them how much money it is, they don't know. It's easier to just pay with notes. And let the coins aggregate.[/QUOTE]</p><p><br /></p>
[QUOTE="Jim-P, post: 7683388, member: 118020"]At first I thought the bank(s) in question were making excuses to not provide customer service. But got me thinking.... If "...coin circulation patterns have not fully returned to pre-pandemic levels," wouldn't that mean less coins are needed? Appreciate that more people don't want to touch things now, so fewer coins are needed in favor of cc transactions? Then I remembered while living in Europe the people that wound up with lots of coins from various countries because it was too hard to deal with different exchange rates and easier to just pay with notes. Eureka! There's a coin shortage because nobody knows how to count anymore. If they don't have an app to take a picture of their hand and tell them how much money it is, they don't know. It's easier to just pay with notes. And let the coins aggregate.[/QUOTE]
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2 of my Banks have notified me of another Coin shortage.
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