Reagin: Yeah, there’s plenty of coin out there. Ryssdal: So that’s that billions of dollars’ worth of coins, right? Almost $50 million worth of coins? In 2019, we had 47.4 billion coins in circulation, and currently there’s 47.8 billion. They just are not moving where they need to be. Sherri Reagin: The coins are actually still available. Kai Ryssdal: So where are all the coins in this economy? Reagin spoke with “Marketplace” host Kai Ryssdal about solutions to get “coins back into the right hands.” The following is an edited transcript of their conversation. Sherri Reagin, the executive vice president of North Salem State Bank in Indiana, is also on the task force. Mint, Walmart, Coinstar and the Fed’s own experts, the task force is hoping to find solutions for bringing coins back into this economy. The Federal Reserve has created a task force to study the problem. By now, it’s likely you’ve seen signs at your grocery store asking you to pay with exact change. With a dip in consumer spending and retailers urging customers to pay with cards instead of cash, the coronavirus pandemic has taken coins out of circulation and created a shortage across the United States.

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