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National change shortage, an unforeseen result of the pandemic

Posted at 11:14 PM, Jul 07, 2020
and last updated 2020-07-08 06:20:43-04

(WXYZ) — One of the pandemic's unforeseen consequences is a national shortage of change.

As the economy slowed and people become more conscious of sanitation, cash transaction also slowed. And right now businesses are struggling to deal with the lack of loose change.

Imagine there are two schools of thought on this for consumers:

1. Great! I can get rid of all of this loose change at home and help businesses out.

or...

2. There's a shortage! Time to hold on to all of this!

Or maybe you're just going cashless these days and it doesn't matter, but it does to some businesses.

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Visit our The Rebound Detroit, a place where we are working to help people impacted financially from the coronavirus. We have all the information on everything available to help you through this crisis and how to access it.