The federal reserve has to buy coins from the treasury at face value.
https://www.federalreserve.gov/faqs/currency_12771.htm
This means that every dollar, of coins, that you keep in your change jar is a dollar out of the pockets of the people that have done very terrible things to us.
It is them that inflated away the pensions, savings, and jobs.
The world is the way it is because of the fed.
Dyor.
There is a 'coin shortage' not because the fed ran out of money and the mint out of metal, but because folks stopped spending their coins.
Think about it, dear reader, when the crap hits the fan, the man with the most change wins.
If all you have is big chunks of gold, silver, and cryptos, I bet you run into some expensive chickens.
Paper will be worthless, but coins will endure.
Even the fake sandwich money they have foisted upon us will have value to exchange in return for ounces of silver.
Imagine that, trading your coins for the equal weight of silver because no stores can give change on an ounce of silver.
If you are worried about metal content, buy nickels.
http://coinapps.com/nickel/us/calculator/
They are nearest to scrap value, if you don't want to sift through pounds of pennies looking for the copper ones.
If you don't mind sifting the pennies for pre-1982's, they are worth almost 2 cents each, right now.
http://coinapps.com/base-metal/coin/calculator/
I know throwing molotov's at the cops is reserved for a select few of us that really feel the pain of being oppressed, but even the most square of the square, that doesn't like the fed, can push back by simply hoarding change.
When you go to the bank, get a couple rolls of nickels.
When you get home, drop them in one of those big plastic water bottles, and melt wax in on top of them.
This keeps the cigarette smokers out of them, and makes them too much heavy work to steal.
Even if you can only fill up a soda bottle, every little bit helps.
I was just rolling up my coins to take to the bank. Not sure I understand why I shouldn't go ahead and do so, but boy I would love to stick it to the fed in any tiny way I can. Hoarding coins is good? I get that bit about nickels and pre 1982 pennies and can certainly do those, but keep quarters and dimes too?
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If you need the money, then go ahead and cash them in.
The local stores would probably like you to pay small amounts of them so they don't have to pay the armored car companies to carry them coins.
If you can sit on them, then yes, by all means, keep them at home.
Every dollar of coins you hold takes a dollar out of the bankster's pockets.
If you can trade the coins for silver, even better.
Silver is likely to moon over the next few months because of supply crunches due to mine closures by the covid.
And, maybe, the silver and gold fix is about to come to an end because of the dumpster fire getting into office.
Silver has been rigged for 150 years.
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And I've found the best way to not pay interest is to not borrow money. I tell my kids this "whatever you do, don't borrow money." I have friends who tell their kids to borrow up to 16% of their annual income, that this is a healthy level of debt. Not sure how they've arrived at that percentage.
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Better to have money in your hands than money in the bank, and paying extra money so you can have whatever sooner is a downward spiral, iyam.
I tell my kids to save as much as they can, not necessarily in cash, but inventory for the store is a good way to save it.
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Shocking! Indeed, if a person doesn't want to pay interest, then they shouldn't take on debt. Sometimes you can do more with money in hand, and it outweighs the interest fees. Often times that's not the case. Whether there was a Federal Reserve or not wouldn't change the fact that loans cost money (interest).
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You're going to be very happy, you held onto your U.S. Coinage...
March 5, 2021... 17.6 Hollywood Time...
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