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Why are coins more impacted than bills? Shouldn't a slowdown in the movement of cash throughout the economy affect both coins and bills roughly equally?
by endogui 6y ago
Why are coins more impacted than bills? Shouldn't a slowdown in the movement of cash throughout the economy affect both coins and bills roughly equally?
- quickthrowman 6y agoThere’s always a ton of cash moving around. People don’t pay for weed and cocaine with nickels and dimes, they use bills ;)
- kdmccormick 6y agoMy guess: Tha article states that closure of bank premises is driving the shortage. You can get new coins at banks. You can't get coins from ATMs or grocery store cash-back.