Local retailers and other businesses have dealt in recent weeks with a shortage of coins with which to make change. For example, the local Circle K gets one issuance of change in the amount of $86 to run for 24 hours.’What has happened is that, with the partial closure of the economy, the flow of coins through the economy has kind of stopped,’ Federal Reserve chairman Jerome Powell said last week.William Tuttle, president of the United Bank’s Barnesville operations, agrees. ‘It is crazy. There is a national shortage of change. Nobody is spending any money. We do change orders for most of the local businesses but we have trouble getting coins. We have to divide it up as best we can,’ Tuttle said.Tuttle encourages locals with change in their piggy banks or drawers to put it in circulation by bringing it in to exchange for currency.
Be First to Comment