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<p>[QUOTE="Paddy54, post: 3093764, member: 19250"]I totally disagree, the amount of coinage being turned in at money counters such as "coinstar" machines has made it unnecessary to release newly minted coins until later in the calendar year.</p><p>It also is a barometer of how the economy is actually doing. As more middle and lower class citizens are forced to rely on loose change to live.</p><p>Working in the food industry in and out of retail stores daily I can assure you those coin counters get a real workout every day.</p><p>Has you ever seen one being serviced? The cash box inside is huge! They are also now located in banks and credit unions, as they are a time saver for the banks employees. They no longer need to count change just cash or deposit a voucher.</p><p>With the middle and lower class cashing in jars,pigvy banks,or what ever container used to hold loose change in record numbers....do ya think the feds need to dump more into the pool?</p><p>Also the fact that you can read right here on CT roll hunters finding it very difficult getting bricks from their local banks.</p><p>Why? Banks don't want to handel coins....it slows down their transactions. And is unproductive as far as profits.[/QUOTE]</p><p><br /></p>
[QUOTE="Paddy54, post: 3093764, member: 19250"]I totally disagree, the amount of coinage being turned in at money counters such as "coinstar" machines has made it unnecessary to release newly minted coins until later in the calendar year. It also is a barometer of how the economy is actually doing. As more middle and lower class citizens are forced to rely on loose change to live. Working in the food industry in and out of retail stores daily I can assure you those coin counters get a real workout every day. Has you ever seen one being serviced? The cash box inside is huge! They are also now located in banks and credit unions, as they are a time saver for the banks employees. They no longer need to count change just cash or deposit a voucher. With the middle and lower class cashing in jars,pigvy banks,or what ever container used to hold loose change in record numbers....do ya think the feds need to dump more into the pool? Also the fact that you can read right here on CT roll hunters finding it very difficult getting bricks from their local banks. Why? Banks don't want to handel coins....it slows down their transactions. And is unproductive as far as profits.[/QUOTE]
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