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Home » ​Pinched By Penny Shortage, US Retailers Beg Congress To Step In – Tyler Durden

​Pinched By Penny Shortage, US Retailers Beg Congress To Step In – Tyler Durden

​Pinched By Penny Shortage, US Retailers Beg Congress To Step In – Tyler Durden

Pinched By Penny Shortage, US Retailers Beg Congress To Step In Two months after the US Mint stopped churning out pennies, American retailers are feeling the pinch as a shortage of the coins is compelling many of them to round prices down on cash transactions — a practice that could start adding up over time and leave a mark on their bottom lines. Wary of angering customers by rounding up — and running afoul of state and federal laws that complicate rounding in either direction — companies are pursuing creative solutions while begging for federal intervention.  There are about 165 Federal Reserve coin…  — Continue at ZeroHedge News : Read More