Not my video, only sharing here because I'm not sure many people are aware of the difference between coins and paper currency. I certainly wasn't aware of it.
TL;DW
The Federal Reserve is limiting the number of coins being added into circulation because the US Treasury is the issuer of Coins and the Federal Reserve buys them at face value, making them an undesirable asset on the Federal Reserve's balance sheet.
Thanks for Dropping by. Stay safe.
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That's not what they are saying though, they say it's caused by so many businesses being shut down that the coins those businesses hold are not circulating. I don't know how truthful that statement may be but they said they were going to start issuing more coins to make up for the shortage and I have gotten brand new coins recently.
Holy shit, great video. I knew this "coin shortage" sounded like bunko. Thanks for sharing.
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