I don't think it's hoarding so much as the bank lobby's being closed. We basically went three months without being able to walk into a bank. So the change just built up. Most people don't really use it much. They get it, take it home and throw it in a glass or jar or something and when they get enough, they take it to the bank.
We are stating to learn how finely balanced everything is in our society. Coin shortages because of a disrupted flow. Can shortages because of a forced change of drinking style. It's only going to get worse as more businesses are forced out of business pushing their consumers onto something else.
Like i mentioned a couple weeks ago. You can walk into these big box stores and see plenty of goods but say one in ten items is just missing, bare spot on the shelf. Someones not manufacturing it, or they aren't shipping it or the materials they need to make it aren't available.
Our governor has decided to jump off the deep end again and restrict restaurants and shut down bars. 25% capacity for restaurants. They can't survive at that level. Bars are closed unless they have a menu and no drinks can be served without a meal. It's just stupid. The state had 16 deaths due to Covid yesterday but because there were thousands of new cases due to a tenfold increase in testing, he shut everything down. The only numbers that really matter are hospitalizations and deaths, both of which have been in decline for well over a month now and 16 is just a small portion of the 135 that typically die on a normal day in the state. And what makes things worse is that the new case spikes are occurring in Philadelphia and Pittsburgh. Not surprising as these are the two most populous areas in the state and going to have the most testing sites.
Testing has gone up something like 10 times what it was at the peak of the deaths. Cases have gone up maybe 3 times what they were at the peak. The rate of positive cases is down. Deaths way down, hospitalizations going down but all you see is hospitals being overwhelmed. Only 30% are covid cases. They don't tell you that.
It's gone from flattening the curve to stopping all deaths and there is a certain impossibility to that.
People are now getting deeply depressed. My wife is really showing signs of this now as they are cancelling things that are 6 months away. It's one new thing on top of another and there really is no reason for it. Every fair in the state is cancelled. The big holiday parades are cancelled with the exception of Macy's Thanksgiving Parade but I expect that is doomed as well. Philadelphia closed every public event until January. Sports can be played to empty arenas.
I'm afraid it has simply become a political football in the November election here. Democrats seem to think it is to their advantage to continue these shutdowns and restrictions as they believe it will hurt Trump. Meanwhile, Trumps numbers continue to recover from the false numbers they were spreading all along. Biden had this massive lead, 20 points or so two weeks ago and suddenly, he doesn't. It's be "halved" and blacks are abandoning him. The truth is he never had a lead, he doesn't have one now and the blacks have never supported him. Trump currently has the support of 18% of black voters. That doesn't sound like much but if the Democrat candidate doesn't have 85% support from blacks, they can't win the election. That's how screwy it is here.