In many retail places in NJ, they have claimed that there was first a coin shortage, then a cash shortage due to C19. Googling a little, it seems that it is attributed to people using cards instead of cash.
But that seems backwards to me. People are not hoarding pennies. I don't think. Cash should be making its way back to the banks, who supply vendors, resulting in a glut of cash, not a shortage. Is this Visa poised for an economic takeover?
But that seems backwards to me. People are not hoarding pennies. I don't think. Cash should be making its way back to the banks, who supply vendors, resulting in a glut of cash, not a shortage. Is this Visa poised for an economic takeover?
via International Skeptics Forum https://ift.tt/3kpi83N
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