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Author Topic: What’s Behind the Fed’s Manufactured Coin Shortage? June 13, 2021 in News, Vid  (Read 4469 times)

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Offline RomanCatholic1953

What’s Behind the Fed’s Manufactured Coin Shortage? June 13, 2021 in News, Vid
« on: June 16, 2021, 07:59:32 PM »
 
What’s Behind the Fed’s Manufactured Coin Shortage?

June 13, 2021 in News, Video by RBN Staff



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Online Ladislaus

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Re: What’s Behind the Fed’s Manufactured Coin Shortage? June 13, 2021 in News, Vid
« Reply #1 on: June 16, 2021, 08:40:56 PM »
I was unaware that coins belong to the US Treasury.

Nevertheless, I haven't heard anything of coin shortages lately.  That was a thing during the middle of COVID for a while, but not since then as far as I know, at least not around here.
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Offline Matthew

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Re: What’s Behind the Fed’s Manufactured Coin Shortage? June 13, 2021 in News, Vid
« Reply #2 on: June 17, 2021, 05:23:05 AM »
Is that still going on where you live?

I haven't seen OR heard anything about "the coin shortage" since June 2020.  Not 2021 -- That's 2020.

Haven't seen a single sign, not heard a single person mention it, etc. And BOTH of those things were true a year ago. I saw signs everywhere and everyone was talking about it.

Are you sure about your news source? Maybe they are just a clickbait site, and changed the date on the article to "refresh" it and get more clicks out of it?
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Offline RomanCatholic1953

Re: What’s Behind the Fed’s Manufactured Coin Shortage? June 13, 2021 in News, Vid
« Reply #3 on: June 17, 2021, 06:52:15 PM »
That is news to me that the circulating coins are of Treasury issue.   Today's coins have only face value.
Folding money are only a debt instrument. Issue only to cover government debt.
I remember the circulating Silver Certificates that we called the paper silver dollars. The United States Notes
last issued in 1963 backed by the silver of the U.S. Treasury. In 1965 the silver coins and silver certificates
were withdrawn from circulation. You seldom saw silver coins by 1970.
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Offline Miser Peccator

Re: What’s Behind the Fed’s Manufactured Coin Shortage? June 13, 2021 in News, Vid
« Reply #4 on: June 17, 2021, 07:07:32 PM »
Banking Analyst, Catherine Austin Fitts, did an interview on the Corbett Report stating that people should withdraw all funds from the banks and buy coins and start a breakaway economy using coins alone.
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