About: http://data.cimple.eu/news-article/1ba0c4bad70e5a6ba078c0730170f67744003d58a7cc37eb673e0e63     Goto   Sponge   NotDistinct   Permalink

An Entity of Type : schema:NewsArticle, within Data Space : data.cimple.eu associated with source document(s)

AttributesValues
rdf:type
schema:articleBody
  • The flow of coins through the US economy is the latest victim of the coronavirus pandemic and now the government is asking people to spare a little change to balance out the supply. Virus restrictions have meant stores doing less business and thus fewer coins are being spent, bunching up the normal flow of quarters, dimes and nickels. "The problem is the circulation kind of stopped because stores were closed, banks were closed," Federal Reserve Chair Jerome Powell told journalists on Wednesday. As a result the government has asked people to start parting with their change either by spending it or cashing it in at banks. It noted that the lopsided flow is a problem because not everyone pays with bank cards or other touch-less options that have surged as people tried to keep their hands clean during the outbreak. "For millions of Americans, cash is the only form of payment and cash transactions rely on coins to make change," the United States Mint coin-maker said last week. The Mint said it is track to make 1.6 billion coins a month until the end of the year, a boost over its average production of one billion per month. "The coin supply problem can be solved with each of us doing our part," it added. Powell also said the government has created a "coin task force" to tackle the problem. jul/jme/ch
schema:headline
  • Time to change: Virus-hit US urges people to spend coins
schema:mentions
schema:author
schema:datePublished
http://data.cimple...sPoliticalLeaning
http://data.cimple...logy#hasSentiment
http://data.cimple...readability_score
http://data.cimple...tology#hasEmotion
Faceted Search & Find service v1.16.115 as of Oct 09 2023


Alternative Linked Data Documents: ODE     Content Formats:   [cxml] [csv]     RDF   [text] [turtle] [ld+json] [rdf+json] [rdf+xml]     ODATA   [atom+xml] [odata+json]     Microdata   [microdata+json] [html]    About   
This material is Open Knowledge   W3C Semantic Web Technology [RDF Data] Valid XHTML + RDFa
OpenLink Virtuoso version 07.20.3238 as of Jul 16 2024, on Linux (x86_64-pc-linux-musl), Single-Server Edition (126 GB total memory, 3 GB memory in use)
Data on this page belongs to its respective rights holders.
Virtuoso Faceted Browser Copyright © 2009-2025 OpenLink Software