Covid-19 Shortages

[clodhopper]

I couldn't care less if this is an actual or contrived shortage, just get me my roast beef sandwich and throw some Arby's sauce in the bag please.

Normally, I am in your camp. However, with all the govt intrusion/orders lately, I have gotten more sensitive to the contrived social engineering that is being pushed on us.

[MrPrena]

Same goes with coinstars.
The signs on Walmart coinstar had those coin shortage signs.

[Gman]

How old were these?

Ours is going on 2 years and still seems OK. Repair guy I talked to before buying said the new compressor redesign wasn't seeing the same failure rate the old one did. Same guy said pass on Samsung as they can't get parts.

I don't usually get them, but got a 5 year extra warranty from HD when we bought the fridge. Then LG extended the compressor warranty (parts only?) to 10 years. DW has been repaired twice now. Faulty (redesigned) door latch/sensor, and failed water tube to upper deck. Range repaired once for a broken (plastic) oven knob shaft.

Our 20 year old Kenmore/Whirlpool is still doing duty as the beer fridge.

Mine was about 4 years old.

[Gman]

You guys are no better. "I saw some signs.. must be true." Did you take the time to talk with someone about it? Ask the manager maybe? I have where ever I can and no one seems to have an answer beyond "that is what we were told, but we still have plenty of change".




That may be the first real example of a coin shortage I have heard.



Having the mint shut down for awhile is the only reason that connects to a coin shortage. The excuse that people have been staying home is reducing the transfer of change doesn't click for me. Maybe someone else can help me understand this. If the majority of people were to suddenly reduce their purchases, pay mostly be credit to avoid handling diseased money, ? this should result in coins languishing from non-use, essentially a reduction in the coin requests for businesses, as no one was using them. Not a shortage.

It is what it is. If you don't like the information we shared, you get a full refund for what you paid for it.

In other words, you'll get nothing and like it, mister.

[Gman]

^ how about we all do just that and start a new thread with the tally for how much we collectively put back into circulation when deposited at the bank?
I'm sure I have more than 100 dollars in coins at home... albeit we try to take a large container of them to the bank every year or two for counting/deposit... it's still likely pushing $150 if I had to guestimate.

We turned in $195.23 in coins from our change jar before the move. Didn't know about the shortage that may or may not be real at the time.

[Great-Kazoo]

We turned in $195.23 in coins from our change jar before the move. Didn't know about the shortage that may or may not be real at the time.

Guy at the bank friday had who knows how many rolls of coins he was handing in for paper. I heard her count out 16 - $100 bills.


Out here i ask if they would like change. Everyone just looks and says. No we're good, thanks.

Fry's( Kings in CO) tried telling me , last month, or was it the month b4? Anyway .
Sorry, exact change , as they could not give any coins back. I asked for a gift card and the cashier got the deer in the headlights look. OR i could buy something else and owe you. How's that sound?

[hollohas]

The mints were running at reduced capacity in spring and early summer but ramped back up around July.

The Gov specifically said they were allocating coin distribution. A fancy word for rationing what they sent out to banks.

https://www.frbservices.org/news/com...ventories.html

[DOC]

Nacho Cheese and Chili at the C stores. I miss chili cheese dogs.

[Irving]

I missed this thread when it happened but wanted to comment on the coin shortage. I went to my credit union and asked them what the deal was. Mostly because I had heard that some banks were paying for change. They basically said that since they don't really deal with business accounts, it hasn't effected them, but big banks like Wells Fargo had issues. I know, not very helpful info. For all the times I heard about a coin shortage, I never once heard anything, or saw any articles asking people to dig through their drawers and couches to find coins to turn in to banks to help out. That's what I thought was the most odd. Seems like a pretty simple thing that the public could do to help, but it wasn't even asked.

[FoxtArt]

I do believe there is some level of a shortage.

That said, there is a profit incentive for things like drive-throughs to tell people there is a shortage, and they can't give change. For 90% of drivers, the drive through just increased their profit margin by an average of around 5-10%. That's a ton. I know one drive through has even been sued over this. At any rate, even when the "shortage" ends, I look for some unscrupulous owners to keep saying it hasn't.