Why the US is Having a Shortage of Coins

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Video written by Adam Chase
Check out my other channel: althe.info Written by Adam Chase @adamhchase

Komente

  • Half as Interesting
    Half as Interesting4 muaj më parë

    You know what else the world has a shortage of? Somewhat educational, somewhat interesting video topics! Help us find the few left by suggesting them to us and, to reward you if you've done this successfully, we'll send a free HAI t-shirt to anyone who suggests a topic we use: docs.google.com/forms/d/e/1FAIpQLSfUdlvw6YgU44J8AnM2U_ZvRMyvh_CUM51LYSqF5nYJB9d1-w/viewform?usp=sf_link

  • Marcilla Smith

    Marcilla Smith

    18 ditë më parë

    I don't guess anybody is checking this any more, nonetheless, I would like to say that I don't buy this explanation (pardon the pun). If people are using cash less often, then people are receiving change less often. If anything, there should have been a glut, not a shortage of coins (assuming that people are more likely to pay with bills and receive change, rather than count out exact change). Why wasn't there a shortage of bills? The given explanation is inadequate

  • Fredashay Klavierstein

    Fredashay Klavierstein

    2 muaj më parë

    I've been doing *_ALL_* my shopping online, even food and groceries. Haven't been to an actual store since, I think, sometime in March. Oh, BTW, you sound just like the guy from Wendover.

  • Sp1nks24

    Sp1nks24

    3 muaj më parë

    "Nebraska doesn't exist"???

  • nikollor

    nikollor

    4 muaj më parë

    Why you have russian rubles on every video about coins? Is there some conspiracy behind it? There is 5 rubles coin on 0:57 And another 26 rubles on 4:00

  • Bill Cape

    Bill Cape

    4 muaj më parë

    The US has decommissioned coins before. Even if this is a golden opportunity to get rid of coins (which costs more to mint than they are worth), they should at least put an end to pennies. They got rid of the millicent and no one noticed. Overseas, the military uses nickel pricing. Not unheard of.

  • Kevin Murphy
    Kevin Murphy4 minuta më parë

    Wait so if people throw away pennies all the time how does the fed account for that or do we just secretly lose a ton of money like everyone start searching and find all these and maybe we can pay some debts

  • Hanako IsMyWaifu
    Hanako IsMyWaifu6 orë më parë

    4:00 That's Russian Rubles

  • brysonthefiend
    brysonthefiend20 orë më parë

    shoutout daveed.

  • MimaSweets
    MimaSweetsDitë më parë

    space Invaders

  • Clinton Latsha
    Clinton Latsha5 ditë më parë

    so it's more like... *COINGESTION*

  • LilacDoe
    LilacDoe5 ditë më parë

    As a start... they could make it illegal for banks to charge members to deposit coins. Those stupid machines that take like 5% for the right to turn money into money are a scam!

  • LilacDoe
    LilacDoe5 ditë më parë

    Does this mean 2020 coins will be valuable in 50yrs? Since beanie babies didn't work out, this is my new retirement plan 😉

  • Gore Obsessed
    Gore Obsessed7 ditë më parë

    I don't get that if it costs more to make than it's worth do everyone a solid and get rid of em

  • Seth Adrien Rocks Roblox
    Seth Adrien Rocks Roblox9 ditë më parë

    Sometimes even buying stuff No but actually *yes*

  • Shaye Eller
    Shaye Eller10 ditë më parë

    I really wondered about this, thanks!

  • Ayham Abu Sabiha
    Ayham Abu Sabiha11 ditë më parë

    Mr. Beast sweating nervously

  • Josh Munn
    Josh Munn12 ditë më parë

    @brick rude

  • DuffySuperBear
    DuffySuperBear13 ditë më parë

    This guy sounds like the guy from wendover

  • bill10233
    bill1023316 ditë më parë

    As someone from Nebraska I can confirm it does not exist

  • princetlance
    princetlance19 ditë më parë

    I think they just cloned you to run all these channels...lol

  • Tim Nelligan
    Tim Nelligan24 ditë më parë

    BS. The Fed is Privately owned, and accountable to nobody, as admitted by Alan Greenspan. The Mint, upon easing of covid restrictions, resumed production with 10% of normal staffing. "If you weren't curious about that, oh well, DEAL WITH IT."

  • Poo poo Pichu
    Poo poo Pichu26 ditë më parë

    There was a shortage of coins well b4 corona

  • Jonibear22
    Jonibear2229 ditë më parë

    This guy sounds like the guy from Wendover

  • PRISON-ELECT BIDEN
    PRISON-ELECT BIDENMuaj më parë

    lmao they arent... they want to push card only money .....check the production amount we have produce far more the last 3 years than any other time in history

  • Dancool
    DancoolMuaj më parë

    When I go to target the cashier just rounds up to the nearest tenth of a dollar

  • Carlos
    CarlosMuaj më parë

    3:21 "It cost 7 cents to make a nickel..." Technically accurate, but not nominally accurate. The nickel is created once for 7 cents. However it's a nickel thousands of times (i.e. 1,000 X 0.05 = $50). IOW, a thing is made for 7 cents, and sold for $50.

  • itsTGXI
    itsTGXIMuaj më parë

    .

  • SadFrog
    SadFrogMuaj më parë

    Short explanation: there isn't a shortage, people just don't use them

  • George P
    George PMuaj më parë

    GET A NEW WRITER PLEASE, TOO MANY BAD JOKES

  • Jason7
    Jason7Muaj më parë

    Why doesn't Nebraska exist?

  • Trex YT
    Trex YTMuaj më parë

    For some reason I can’t stop watching you

  • Debra Prince
    Debra PrinceMuaj më parë

    I quite using cash, I only use my debt card.

  • Andy's Videos
    Andy's VideosMuaj më parë

    I hate how you add useless conversation to the video, stop it.

  • kazemizu
    kazemizuMuaj më parë

    Those coin collectors are finally showing their influence.

  • catsuperhero vlogs
    catsuperhero vlogsMuaj më parë

    0:42 Real life lore the world is ran by Toyota Corollas

  • Decoy 263
    Decoy 2632 muaj më parë

    How about millions of broke mofo's out of work that rolled up their change to buy food and gas this year. How about thousand's of businesses that went bust over the bullcrap virus scare. Don't piss down my leg and tell me it's raining. There's no shortage

  • mike burns
    mike burns2 muaj më parë

    The explanation for the coin shortage makes no sense. In this video it says that people are paying more with cards. This should alleviate a coin shortage (since businesses don't have to make change and give out coins), not cause a coin shortage. All in all, if fewer people are using cash, it should balance out: fewer people are giving coins to businesses and businesses are giving fewer coins to people.

  • 101ToonLink
    101ToonLink2 muaj më parë

    …Isn’t that a SIM card in the thumbnail??

  • Spaceman Spleef
    Spaceman Spleef2 muaj më parë

    Ive been in that exact WinCo before

  • Jameson Maylif
    Jameson Maylif2 muaj më parë

    You actually had me Google search “Nebraska” because for a split second I was like wait Nebraska doesn’t exist??? It does, lol.

  • G C
    G C2 muaj më parë

    You sound just like the guy from Half as interesting.

  • Griffey 🔥 Light ⚡
    Griffey 🔥 Light ⚡2 muaj më parë

    Sometimes I be vacuum up them quarters not going to lie

  • Akhilesh Chona
    Akhilesh Chona2 muaj më parë

    You just sound like the person from real life lore to

  • Howard House
    Howard House2 muaj më parë

    And yet a cashier at a store wouldn’t let me swap coins for bills, even though it was all quarters

  • Devin Partyka
    Devin Partyka2 muaj më parë

    The shortage is a lie. I took coins to stores to exchange and NONE of them wanted it.

  • Westley Dyer
    Westley Dyer2 muaj më parë

    We need the brick episode

  • Ray S
    Ray S2 muaj më parë

    your puns are getting annoying. One of two is fine, but 438?

  • Typical 90s Gamer
    Typical 90s Gamer2 muaj më parë

    What the hell was the first 45 seconds? This entire video was above and beyond cringy.

  • SirMCraftalot
    SirMCraftalot2 muaj më parë

    Why don't we get rid of the penny and round the total of a purchase to the closest nickle.

  • Brad Brown
    Brad Brown2 muaj më parë

    I think the shortage is due to the insane act of stamping out hundreds of commemorative coins. That makes people collect them. All the different quarters, nickels, pennys must take billions of them out of circulation. Bicentennial quarters are cool. Wheat penny's are still a joy to find. But come on. $800 in fancy coins in a drawer when your hungry and need toilet paper is pretty strange.

  • Shem Mwangi
    Shem Mwangi2 muaj më parë

    Just wonderful, I've been looking for "what is the best coin to collect?" for a while now, and I think this has helped. Have you heard people talk about - Wonenry Sonucas Approach - (do a search on google )? It is an awesome one off product for uncovering a proven trading method to get fast results without the headache. Ive heard some unbelievable things about it and my work colleague got cool results with it.

  • Anderson Klein
    Anderson Klein2 muaj më parë

    Death to coins! Why not use digital?

  • dlwatib
    dlwatib2 muaj më parë

    I don't buy that explanation. If people are actually avoiding handling icky cash because they don't want to get Wuhan cooties, then that leaves more coins for the rest of us. After all, if you use plastic or your phone's wallet app to pay for stuff you don't ever get any change back, thus reducing the need for coinage. Oh, and while you're at it, please send me all your "useless" pennies. Why weigh yourself down with useless stuff? I will gladly provide a loving home for useless pennies. I also accept unwanted and unloved nickels, dimes and quarters.

  • Stephen Baker
    Stephen Baker2 muaj më parë

    Here in my area we were never having a shortage of coins

  • Ken S
    Ken S2 muaj më parë

    What the Hell does this have to do with getting my stimulus check?

  • jm gee
    jm gee2 muaj më parë

    Are all of these videos this schizophrenic? I need to play this at half speed and take my anti-depressants before I hit play

  • skeptic moderate
    skeptic moderate2 muaj më parë

    We should get rid of pennies and put Lincoln on the dollar coin.

  • Alex Melchor Gaytan
    Alex Melchor Gaytan3 muaj më parë

    Orrrrrr........ it’s time for the cashless society

  • Alex Melchor Gaytan

    Alex Melchor Gaytan

    3 muaj më parë

    First coins then bills

  • Ewalko Beats
    Ewalko Beats3 muaj më parë

    This dudes card expires in 2084 wtf

  • YouTube-Kanal
    YouTube-Kanal3 muaj më parë

    Is this a US-specific problem?

  • Meme Central
    Meme Central3 muaj më parë

    You strangely sound like the guy over at @Wendover Productions Anyone know why?

  • Shawn Penny
    Shawn Penny3 muaj më parë

    I'm from Nebraska and can confirm we don't exist.

  • That Jeff
    That Jeff3 muaj më parë

    You know, y'all see a problem, I see an opportunity. Now is the time to discontinue the minting of the penny, perhaps even the nickle. Electronic pay? You pay whatever the price normally comes out to with tax. Pay in cash? Round to the nearest 5 cents OR 10 cents if you're also axing the nickle.

  • KingDog
    KingDog3 muaj më parë

    What is the diff between wendover Productions and Half as Interesting?

  • Kiana Ronnebaum
    Kiana Ronnebaum3 muaj më parë

    i think theres a coin shortage because of the corona virus and so people are holding onto coins to try to stop the sread or something like anyone know what i mean?

  • 844SteamFan
    844SteamFan3 muaj më parë

    3:57 *Pissed Nebraskan Noises*

  • wm8806
    wm88063 muaj më parë

    Dude, Nebraska. I knew it.

  • Daniel McLaughlin
    Daniel McLaughlin3 muaj më parë

    The question not answered is: If people are using credit cards now, then all stores should have their prepandemic stocks of coins because have not been giving them out when purchases are being made. So why is there a shortage?

  • gimmethegepgun

    gimmethegepgun

    3 muaj më parë

    Because those jerks that fiddle around with buckets of change for a several hundred dollar purchase aren't doing it any more because they'll get covid from the hours it takes to pay the cashier. Also people probably aren't going and depositing change at the banks as often as before, so the banks that disburse coins to businesses don't have them any more. That second one is probably the real overall reason. When I worked as a cashier at a gas station I hardly ever got coins paid to me. Nearly all of them came from the bank and were distributed to customers.

  • Adizabeth Torres
    Adizabeth Torres3 muaj më parë

    Great

  • Michael Wescott
    Michael Wescott3 muaj më parë

    There is no shortage of coins.

  • purplesmileymonster
    purplesmileymonster3 muaj më parë

    Copper coins are generally microbe free

  • DumbSkippy
    DumbSkippy3 muaj më parë

    Yawn.

  • Josh Channel
    Josh Channel3 muaj më parë

    R.I.P to all those who live in the state that doesn’t exist

  • Chris Lindner
    Chris Lindner3 muaj më parë

    I'm disappointed, because this video didn't answer the main question I have about this "crisis:" why would it affect the flow if people are no longer using cash? People not using cash means that yes they're not putting change into circulation, but also, they're not requiring any change. Naively, this seems net neutral, so what's going on here?

  • Zeriel
    Zeriel3 muaj më parë

    The root problem here seems to be never revising the standard coinage even after decades of inflation. A cent is fantastically worthless for most people. The last time I remember using one outside of putting it into a coin machine is as a kid, and back then we actually had cent candies.

  • ALRIGHTY THEN
    ALRIGHTY THEN3 muaj më parë

    What's Wendover?

  • brett green
    brett green3 muaj më parë

    Of course this should be obvious to everyone. but I'm a cashier and I've heard more people suggest it's a conspiracy theory run by democrats than actually display a knowledge of how money and change actually makes its way around our society.

  • Aarav Gaming channel
    Aarav Gaming channel3 muaj më parë

    But why do you sound like the guy from wendover

  • Christine's Creativity Cabinet
    Christine's Creativity Cabinet3 muaj më parë

    I'm from Nebraska and, you're right, we don't exist. And we have all the extra coins. They are buried in the Nebraska National Forest, the only man-made national forest on the planet. But since we don't exist, just try to find them!!! Bwa-ha-ha-ha-ha-ha!!!

  • tunedskillsz
    tunedskillsz3 muaj më parë

    Me: looks over to my table where i have about 50 pounds of coins saved in a huge jar.

  • Vince g
    Vince g3 muaj më parë

    Tried to understand the coin shortage but every other line seems to be some cringey unfunny joke. Next time don't try so hard.

  • Michael Randazzo
    Michael Randazzo3 muaj më parë

    I found a couple of silver quarters in my change recently. Maybe people are digging into their stashes and putting them back in circulation.

  • Benjamin Manning
    Benjamin Manning3 muaj më parë

    Thank you for answering this I was wondering this the other day

  • xFLyiNR3TarDx
    xFLyiNR3TarDx3 muaj më parë

    Big brain business boi..... k bro

  • JackulousB
    JackulousB3 muaj më parë

    the Canadians got coin supremacy because the penny is gone ahahahhahahahahhahaha

  • KMnO4
    KMnO43 muaj më parë

    Our lord and savior JPow with the cameo

  • UnEditor MC
    UnEditor MC3 muaj më parë

    I feel like I have no idea what HAI is saying

  • Amjed Almousa
    Amjed Almousa3 muaj më parë

    Too many siily jokes... Which of making the video less attractive to listen to

  • John Grasso
    John Grasso3 muaj më parë

    Found a mistake for your next mistakes video. At 3:57 you say that "Nebraska doesn't exist", when we all know it's actually Wyoming that doesn't exist.

  • Chris
    Chris3 muaj më parë

    looking through the comments and i am very disappointed to find that no one got the hamilton joke 😭

  • Linkandzelda
    Linkandzelda3 muaj më parë

    Just coming here to say fuck pennies

  • Zidane SAID
    Zidane SAID3 muaj më parë

    You should do less jokes. You are making too many per video and it's annoying.

  • NonTwinBrothers
    NonTwinBrothers3 muaj më parë

    Think you might wanna check up with your math department again 4:07

  • YeshuaAgapao
    YeshuaAgapao3 muaj më parë

    Coins are also good hoarding fodder in a period of world-wide excess currency creation. Especially nickels and pre-1982 pennies (then it is 1982 & later pennies and quarters). Add that on top of the reduced transnational velocity in the video. The reduced velocity of currency also is giving the FED a license to currency create excessively even more as the very low velocity of currency negates, at least temporarily, the price-inflation effects of the inflation/increase in the currency supply (mostly digitally created today).

  • DEFFINETLY NOT A RACOON
    DEFFINETLY NOT A RACOON3 muaj më parë

    The world is definetly not run by wonderfull and smart racoons in suits and im deffinatly not one of them. I think everyone should leave there trashcans open tonight

  • big bob 169
    big bob 1693 muaj më parë

    Loose the penny and the dollar bill , make a dollar coin and live happily ever after .

  • Okie Dokie
    Okie Dokie3 muaj më parë

    Because left wing globalists think they see a chance to force us into a cashless world where they can control our access to our own money.

  • mark leggett
    mark leggett3 muaj më parë

    Piggy banks

  • Sp1nks24
    Sp1nks243 muaj më parë

    "Nebraska doesn't exist"???

  • Teedal
    Teedal3 muaj më parë

    its not in a shortage of coins i just went to a coinstar and it said it was full >:(

  • NightEule5
    NightEule53 muaj më parë

    2:27 Not a comment on the video, but on the stock footage: that is the most *useless,* half-assed attempt at a barrier I've ever seen. lol

  • Arawn Cronnis
    Arawn Cronnis3 muaj më parë

    Its like amazing how much his tone changes from one chennal to other... At first i thought they were brothers or twins... 😂😂

  • Art Stone
    Art Stone3 muaj më parë

    Too much schtick. Where is the beef?

  • Cameo Six
    Cameo Six3 muaj më parë

    CGP grey: *Death to pennies*

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