Why the US is Having a Shortage of Coins
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- Опубликовано: 18 июн 2024
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Video written by Adam Chase
Check out my other channel: / wendoverproductions Written by Adam Chase @adamhchase
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
Cool
Ok
do u reply?
Yes, you!
No
I also have a shortage of coins. Actually, not just coins but money in general.
h🤔🤔🤔🥶🥶🥵🥵🥵🤠🤯🤯🤯😔😔😔
Chris Albrecht 😂😂😂
Same
F
h
You sound just like the guy from Wendover
he IS the guy from wendover, you idiot
he IS the guy from Wendover, you idiot
he IS the guy from Wendover, you idiot
he IS the guy from wendover, you idiot
he IS the guy from Wendover, you idiot
Me who has a been collecting pennies for years: *Sweats nervously*
in Nebraska? I'd lay low for a couple of months if I were you... feds will be knocking any day.
I smell *p e n n i e s*
"" "YOUR PROFILE PIC IS SO CUTEEEE!!!!!" 😋🤭
I really didnt read that as pennies
shieldmaiden arreh ty it’s an alpaca
Just mint more coins! What could go wrong?
-this post was made by the Zimbabwe gang
Just make some 100 trillion dollar bills
-also from Zimbabwe gang
That's not actually a problem. Banks buy the coins from the fed. Minting coins doesn't create new money. Giving them away would create new money, but selling them is fine.
How to repay war reparations.. Just print more Marks to buy foreign currency with to repay the reparations, what could go wrong :D except the french occupation of the Ruhr..
this post was made by the post ww1 german government.
Venezuela took your advice.
@@vigilantcosmicpenguin8721 I remember an NPR segment where a reporter went to Venezuela and saw a Venezuelan dollar someone had dropped on the ground outside her hotel. The entire month she was there, nobody even bothered to pick it up, it was so worthless.
Well that was the most dreppesing brrrrrrrrrh ever
Paper Kid: Nooo you can’t just half-as-enthusiastically imitate the money printer sound
HAI: Haha money printer go ᴮʳʳʳ
haha brr machine goes brrr
@@azultarmizi ka-ching
"Nebraska doesn't exist"
Good point, the only states that exist nowadays are California, New York and Florida.
And yeehaw land
Don't forget Texas and as a European this is sadly true
Greetings from the imaginary state of Ohio.
Florida doesn’t exist, doofus.
*floridaman approves this message*
"The world is obviously run by animatronic racoons"
- The guy from Wendover, 2020
He sounds just like the guy from Wendover, doesnt he?
"don't you mean Toyota Corolla?"
-RealLifeLore, 2020
There isn't a shortage of jokes in this video, just a shortage of Quality jokes
Yeah but he strangely sounds like the guy from wendover productions
@@thejagtimes he IS the guy from Wendover, you idiot
@@itsdalion6612 ,,,, that was the JOKE
@@nolyricsneeded8424 I actually think you didn't know that,and now you are just trying to get backtrack, you nitwit
@@itsdalion6612 that's not true and by the way I think the world is run by lizards.
Electronic Money: *"The future is now, old man!"*
HOW
The man, the myth, the legend is here.
@@therealmistermemer bitcoin
Starting to get a bit more active I see
WHY ARE YOU EVERYWHERE
When Big Banks take out their coin counting machines because it "saves them money" (Wells Fargo) and a lot of peoples' only option to pay 3%-6%+ to exchange those coins at those for-profit exchange machines, people will hold onto them longer until they research and find a viable way not to get screwed over.
Screw the Big Banks, go Credit Union!
Yep. In my country one of our banks removed most of their coin counting maschines about a decade ago and the few ones they kept would suddenly keep some of the money. Then that particular bank ran out of coins and had to buy them sorted and packaged, thus paying for the service of sorting and packing aswell as transport on top of the actual coin value.
The coin counting maschines have since been brought back and the service is also free again.
If memory serves correct, you won't take a loss, if you shove it into a Gift Card.
Which can be really smart if it's for a place you shop at a lot.
Though that could have changed.
@@TheAyanamiRei in fact, Coinstar is offering an extra $5 on a $30 Amazon card.
@@TM-dh2xb NICE! Hmmm....I know I have quite a bit of coins in my emergency coin jar, but I don't think I have quite that much.
"...producing 1.6 billion coins a month."
Unless they're all dollar coins, 1.6 billion coins probably isn't $1,600,000,000.
You’re brilliant! He said ONE HALF are pennies.
beat me to it. nice.
As soon as I was just thinking the graphic is inaccurate, I see this comment 😁
I guess we'll see that in the next mistake video
You're wrong, unless the coins are made by Wendover lizards or something, I wasn't paying attention to the video.
"Coins are like little dollars if dollars were made of metal"
I was confused for a moment, then I realized my Canadian was showing.
The joke is that US Dollar coins do exist, but no-one uses them. The US Government has tried for years to get people to use dollar coins, but people simply don't want to.
@@TurtleMarcus So you might even say Americans don't like change? ;)
@@TurtleMarcus Except for me, of course. Vending machine usage: dollar bills suck, dollar coins rock!
So is the video's, if I'm not mistaken. Those looked like stacks of Loonies. I could be very wrong.
@@TurtleMarcus that's because they're still rare enough I'd rather collect them.
As a Canadian: You know what's fun? Coins! They are like little round dollars, because they are.
The joke is that US Dollar coins do exist, but no-one uses them. The US Government has tried for years to get people to use dollar coins, but people simply don't want to.
Thank you, but I prefer my GBP and EUR coins.
@@TurtleMarcus I found they are pretty regional. I used them quite a bit during a trip to Atlanta, but didnt see them much during my last trips to Orlando, or LA
But at least we got rid of the penny
@@TurtleMarcus the vending machines at work are filled with them so when I get change back, I have dollar coins to use
2019: Why the US is having a shortage of pilots.
2020: Why the US is having a shortage of coins.
2021: Why the US is having a shortage of vaccines.
2021 : Why the U.S is having a shortage of humans
This is the society that we live in
We live in a society
we society in a live
Absolutely no one:
Real life Lore: “Don’t you mean Toyota corollas”
Best cameo yet
@@zmalik8593 I agree
did he used to make yahoo videos sponsored by toyota corolla??
title:why the US is having a shortage of coins
title image: a credit card
me:something is wrong i can feel it
That’s just his two cents though
Underrated comment
Only two of them because he can't get any more because of the shortage.
4:07 1,6 billion coins or dollars per month? Just something for the next mistake compilation
I checked Wikipedia, not exactly the ultimate source of all fact, and it showed 1.6 billion coins a month is about right. Still, the info about half of coins made are pennies is correct. It's just amazing how much is spent to make such a low denomination coin.
"Being sick is bad" - HAI. you got a source for that buddy?
Citation needed.
The concept of Good or Bad is based on Opinion.
We need a clinical trial to test that. Until we have the data from a clinical trial there’s no way of knowing for sure if being sick is indeed bad.
Science! And you can't argue with science.
Smart People: Other people determine my thoughts and opinions, via thier credentials and perceived authourity therefore your argument is invalid without an official sounding study, that no one will read.
Smart people: Masks work, because the cdc said so,.......right after they said they don't work,......while they hoarded masks,......and masks are pretty much mandatory now.
Ralph Wiggum: you're in danger
This is actually a real problem for me as I live in an apartment with coin-operated laundry. Considering buying a maintenance key for the laundry machines from Ebay and just having free laundry forever on my landlord's dime
Honestly this explanation, was surprisingly very logical and reasonable. I don’t know why I thought it was gonna be some conspiracy level reason
Same
Yep, turns out it's coming from all the Alex Jones was right, President Trump was right and biden said something nonsensical/stupid jars in play these days. I'm up to having to use 1000 Bushel grain bins.
"Why US is having shortage of coins?"
Short answer "MONEY GO BRRRRRRRRRRRRRR"
in a nutshell
Well more like the opposite of that
You actually had me Google search “Nebraska” because for a split second I was like wait Nebraska doesn’t exist???
It does, lol.
Nobody:
Real Life Lore: TOYOTA CAROLLA
you sound just like the guy from wendover
he IS the guy frop Wendover, you idiot
@@wgolyoko i knew that!!! I was making a joke, you doofus
@UC3_IewW1sblFJmuCQclm7vw he said this joke in the video, you doofus
@UC3_IewW1sblFJmuCQclm7vw And the world is apparently run by lizard people
I actually think you didn’t know that, and now you’re just trying to backtrack, you nitwit
"Shortage of jokes " nah that ain't happening in your channel atleast
I know right? The article he is talking about that says he is fascinating says he doesn't use humour as a Stalwart, but I mean, he kind of does....
Source: www.makeuseof.com/tag/fascinating-educational-youtube-channels/
they have too many bad jokes
@@tryxdc I mean, I believe bad jokes still make for humour. Take out the bad jokes from HAI's video, and the script will 1, feel dry, 2, feel like it was made by a 12 year old, 3, feel boring, and 4, just not feel the same in general. I am sure you wouldn't be listening to HAI if they didn't include any humour at all. Sure, good jokes would make the videos better, but they would also be a lot harder to write because sometimes there just isn't any good joke to be made about a subject.
@@MrPlaneCrashers dude it was a joke... and i think youd know that if you actually watch him, since he makes jokes about the jokes being bad jokes
@@tryxdc Not again.... I keep taking jokes as though they are serious. It is something me and my siblings did as a joke since I was a little kid and now I do it all the time without knowing. For the love of flying french seals. Why does this have to happen to me?
If I may add some additional insight and thought to this video as I'm an armored currier. When the fed announced the coin shortage, most banks started holding onto the coin they received and rolled themselves to help overcome the shortage. Which is usually bagged and picked up by us, then subsequently taken to the fed to be rolled and redistributed. Currently though most banks have stopped doing that and are sending their coins to the fed like they normally would. There has been an ease on the "shortage" but inventory is still not what it used to be.
"The news once called this channel fascinating and educational" ooh self burn, those are rare
Nebraska: doesn’t exist
Furniture mart: hi
We have one of those in Dallas :)
Furniture mart doesn’t exist
Hey, you sound just like the guy from Wendover
he IS the guy from Wendover, you idiot
Stijn van Brummelen I knew that, I was making a joke, you doofus
I actually think you did know that, and now you're just trying to backtrack, you nimwit
@@communistpropagandist4608 that's not true and by the way I think the world is run by lizards
Stijn van Brummelen
It’s ran by raccoons you insane conspiracy theorist
4:07 Text: $1.6 billion a month Narration: 1.6 billion coins a month.
Put me in the mistake video
You see, that’s why I’m helping them by having 0.27$ in my bank account!
Much love, your friends at Rev Media!!
The background music is on point this episode.
Watching this during a googlemeet class while they’re playing one of your videos lmao
SAME
woah you comment on non weed related vids !
What one
Yeah
This is the first piece of media I've seen actually talk about this. My store's had signs at the registers up asking people not to use cash b/c of this for months and I honestly never knew why. Heard/seen this at a couple other places too
I wish there wasn't a shortage because my building overcharges for laundry
Dude I was wondering why I saw these signs in like every store lol
Don't listen to these democratic communists... They are stealing the coins from us so that they can melt them to form a new world order... At the head of this new world order? Bernie sanders
Bro i love your prof pic
@@fireguy98gaming I really hope you're not talking about noonfilms lmao
gagne that doesn’t sound half bad
Just want to say I LOVE the thumbnail, that's genius
💯
That 1984 was a nice touch too
No shortage here, we have plenty of Won. Because we won the world
Dude, I just....... you’re SO funny. Like more than just your actual jokes you have good timing and inflection. I love you and I love this channel
0:40
lol, RealLifeLore Toyota Corolla joke
Last time I was this early the US had enough coins.
Two people on the internet: argue
RealLifeLore: TOYOTA COROLLA SOCIALISM
I'm loving how you add comedy to the video just makes it that bit more fun
Hmmm, thank you RUclips for finally sending me notifications.
Sorry guys, I put all the coins in my rainy day savings jar, that's where they all went
I love how you can finally throw shade in a semiformal video. It's the same vibe but you throw curve balls here and there! Keep it up!
0:45 is probably the most excited i've ever heard sam go
Imagine spending 2 cents to make 1 cent. This post was brought to you by the Canada gang
2:53
'Big-brain business boy' 😂😂😂
Yes you covered the topic i had explanations for it but now we got it officially from wendover
Every video of yours is just Half as Interesting as Fully Interesting videos
Think we've just seen the real Sam break character when he said "COINS!" so euphorically
When your so early it says 4 views but seven comments you can’t see 😂😂
Thank you for answering this I was wondering this the other day
I just looked at the article that was mentioned, and it said things like "thorough research" and "Half As Interesting doesn't rely as heavily on humor".
Short explanation: there isn't a shortage, people just don't use them
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.
I didn't know the nickle cost too much to make. Thanks for awesome the vid as always!
"Throwing them at strangers on the street"
*Me* grew up in town where it is a yearly tradition to throw coins at people in the street.
My credit union (also in Wisconsin) offered gift cards for coins you'd deposit into your account. Granted, they're mostly for Arbys for some reason, but still that worked out pretty good.
Lmao everywhere I go, there’s a sign saying please pay by credit/debit card.
I really wondered about this, thanks!
Honestly banks offering a program that's "coinstar but we don't take a cut" would probably be enough incentive for a lot of people. Make the machines self serve, but with a system to ensure an employee wipes them down in between people. You go in, get your coins traded for cash, or (something that would help the banks) transferred directly to your bank balance as digital money if you already have an account with that bank.
Wow, This is Early
Yeah
same
Yeah
Its mid day
Yeah
1:16 "No, this list doesn't include old stalwarts like Wendover Productions" "#1: Half as Interesting"
I love this channel the writing is impeccable
I normally find pennies, nickels, and dimes around my complex parking lot. I haven't seen any in a couple of months now.
“87% of statistics are made up on the spot.”
-Unknown
Yeah in the us military
If you don't know statistics you're not really doing science.
Nobody:
RealLifeLore: Toyota corollas rule the world
Simple solution: stop accepting cash or make things cost whole dollar amounts, either by not pricing them at x.99 in non-sales tax states or do that and also have the business pay the sales tax.
I hate it when I pay for things with cash and end up with a bunch of coins
Good luck with that. If you get rid of cash, you get rid of freedom.
@@scottyj6226 please elaborate. I honestly want to know the reason why cash is freedom
@@GyroCannon Have you seen the movie "Enemy of the State" with Will Smith & Gene Hackman? If all you have is a chipped card for your $$, big daddy govt can cut you off without leaving their desk.
I found something wrong with this. At 4:08 you meant half of the coins produced will be penny's, and then you proceed to show a penny with a 'S' mint mark. The 'S' mint mark meaning it was made at the San Fransico min is for special proof/non circulation coins. So the coin you showed would never be issued for circulation.
He sounds just like the guy from Wendover
🤔
he IS the guy from Wendover, you idiot
he was just joking
how about:
why dont karens believe in the coin shortage
It could also be that the Philadelphia Mint has a long history of producing error coins, which are either double struck, off center struck, and for some reason they break more dies than any other mint.
Maybe it is just my area, but no bank has their lobby open. It seems likely, that a big part of the problem is not being able to turn in coins and they just collect at people's houses.
3:42 sooo why’d he have to say daddy like that?
Nice jab at Real Life Lore, love it
The jokes in this episode are twice as good than usual and I love it!
Okay, so I'm still unclear. Why *does* he sound like the guy from Wendover?
I’m a Nebrasken were paid 20$ hour to act like a state
Where can I apply?
@@scottyj6226 aplications are closed rn we open them up evrey year on arbor day they change the aplly location evrey year
@@ory6988 crud
spot on with the name. how about half the jokes and half the ads and twice the content?
these 5 min videos just feel like teasers
"Nebraska doesn't exist" I feel attacked.
The dislikes are from angry Nebraskans
That’s why there are so few of them
No Nebraskans don't exist, they're from troll pretending to be Nebraskan
from european perspective that was a bit confussing : hmm, wasn't nebraska a US state? took a couple of sec to get it was just a joke :) ,
about California, Texas, the penis state (or Florida) and New York most of the world know well, even where to place them on the map .
New Jesey , untill the recent idiot program's about them, i had thought to be some suburb from NYC before.
not, as it seems to be, neithbouring state that had a lot of the expansion of NYC grown into it :).
“The US is having a coin shortage!”
Numismatists:
bro it fucking sucks. i just barely managed to get my early release proof 2020-S Silver Dime
Never thought I’d see a sped of video of grocery shopping in a Winco in a HAI video.
HAI at 2:10 : "I am not throwin' away my shot"
It said posted 38 seconds ago, how am I like 10th
YT magic!
Random Fact:
Gorillas hum when they eat their favorite food.
- Daily Fun Facts
Huh? M
1:02 "im a geniuis" made me spill my drink
4:15 was expecting this to be a Brilliant segue, but I was bamboozled
I'm longing back the days when you used to just focus on the video's matter. For a while already, you've been trying to be funny, makeing fun of others, denouncing political systems, having a very hard time to find a way to connect the video's subject with advertising, and so on. Do you track your statistics? If you find that you get less likes in relation to views than before, or even a trend for more dislikes than usually, or seeing the curve of un-subscriptions becomming steeper in relation to time - or getting comments likes this - you might want to consider going back to your roots and doing what you can do best (and what you were / are loved for): Producing pure fact-based and very interesting videos without any unnecessary frills.
Yup I %100 agree with you , I only clicked on the video to know WHY?! Not to hear unfunny jokes. I like when they focused on the topic and no jokes just being serious about the answer of whatever question
Dominic Mosimann agreed
And this video didn't even really answer the original question. Ignoring the jokes, I walked away from this video thinking, ok, so if coin production is back to where it used to be, and people aren't using coins very much any more, we should actually have a "glut" of coins, (whatever that actually means), not a shortage. My gut tells me we have a shortage because everyone (particularly retailers) say we have a shortage. This would be a perfect time to abolish the penny, and maybe even the nickel, while people would barely notice.
Hai always has actually interesting thumbnails, and high quality asf
I heard that Argentina, for some unkown reason, ran out of quarters in the 1990s. This lead to shops selling quarters for 20 or so pesos in case if someone doesn't have one for a bus trip.
first
to die
correct first
congrats
woo
@@siege328 nay
4:08 When you are doing the next correction video please be sure to let us know if you meant $1.6B/month as displayed on the screen or 1.6B coins/month. @Half as Interesting
2:03
Mr. Wendover, did you take this footage of the supermarket yourself, or get it from a stock footage site?
The other customers are wearing masks so it's recent, so I'd guess it probably isn't stock footage.
"we have a shortage of coins"
Well, after the toilet paper, we had to have another shortage dilemma
This channel is so hard on itself!! I love it