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Coin shortage

Dannmann801

Dignitary Member
Supporting Member
10,640
191
Springboro
So there's a coin shortage now, blame it on the pandemic.
Part of me thinks it's a manufactured crisis, trying to move us to a cashless society, but I digress....(please pass the tinfoil)

I emailed both Chabot and Rob Portman (I won't email Sherrod Brown because I don't care for his politics, let's see if the Republicans can do anything first..)

Here's the text of the email I sent to them. If you think this idea has merit, I would encourage you to use social media to contact your people and tell them to contact their representatives.

The solution to the national coin shortage is an easy one, but it requires common sense and leadership.

Americans are sitting on massive amounts of coins, and would be happy to contribute to a solution if asked, but you gotta make it easy for them.
Congressmen should call on the banks to put Coinstar-type coin sorting machines in their facilities and make their use at no charge/no cost to the customers who bring their coins in. Normally banks charge a commission fee of anywhere from 7% to as high as 20% as a "convenience fee" to use the machine. If you want coins back in circulation, then let's have the banks that we bailed out back in 2008 contribute to the solution. And if you think asking the coin-harvest companies that make their living from that commission fee to forego their profit is unfair, then come up with a plan to subsidize them, as long as it's cheaper than minting new coins.

Americans want to serve. Americans want to help. They will stand in a line a block long to help out, if you make it easy for them and they see themselves participating in a common sense approach (and an approach that actually solves a problem without benefiting banks financially).
 

djohn9713

Junior Member
135
41
You may want to send something to Senator Brown. Portman's largest donors are all securities and investment companies, to the tune of $2.5 million over the last five years.
 

giles

Cull buck specialist
Supporting Member
"For many years"
They won’t tell, it’s a big secret. I have more research to do, but I believe it was 1937 when they made it illegal to own pure gold. Even gold dollars. Must be turned in to the government and exchanges for cash. The following year, the president double the price per ounce. Therefor doubling the total worth of the US treasury, not its people. This was all in an effort “to stimulate the economy” after the Great Depression.

Got any of that tinfoil left Danno?! I need another layer😂
 
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Geezer II

Bountiful Hunting Grounds Beyond.
5,972
101
portage county oh
They won’t tell, it’s a big secret. I have more research to do, but I believe it was 1937 when they made it illegal to own pure gold. Even gold dollars. Must be turned in to the government and exchanges for cash. The following year, the president double the price per ounce. Therefor doubling the total worth of the US treasury, not its people. This was all in an effort “to stimulate the economy” after the Great Depression.

Got any of that tinfoil left Danno?! I need another layer😂
My grandpa crib some gold then - gave me a $10 gold piece - worth z$300 last time i checked a few years ago
 

giles

Cull buck specialist
Supporting Member
My grandpa crib some gold then - gave me a $10 gold piece - worth z$300 last time i checked a few years ago
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