Spare Change? U.S. Facing Coin Shortage in Midst of Pandemic: Business Casual
In the midst of this unprecedented period of uncertainty, the United States’ economy is facing a unique challenge – a coin shortage.
On this Business Casual snippet, hosts Daniel Litwin and Tyler Kern outline how the economic downturn due to COVID-19 and more have contributed to this unique shortage and how chains like Texas-based grocer HEB are employing some creative tactics to address it.
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At the federal level, the U.S. Mint and other regulatory bodies are also working on a fix, though the shortage’s forcing of cashless and touchless options, Litwin and Kern said, begs the question – will the way Americans use cash ever really return to normal?
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