Up to $68 Million in Coins Winds Up in the Trash Every Year

WSJ Your Money Briefing

The Wall Street Journal

News, Business News

3.8 • 1.6K Ratings

🗓️ 19 April 2024

⏱️ 10 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Americans have less use for coins as more businesses accept digital payments. In many cases, those coins are hidden in pockets, stuck in couches, or vacuumed up. Host J.R. Whalen is joined by reporter Oyin Adedoyin, who visited a waste facility that separates coins from trash, to discuss what people can do with all the change they have around the house. Listening on Google Podcasts? Here's our guide for switching to a different podcast player. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0	OCI is the single platform for your infrastructure, database, application development, and AI needs.
0:07.0	Do more and spend less like Uber 8 by 8 and DataBrix Mosaic.
0:12.0	Take a free test drive of OCI at Oracle.com
0:15.5	slash Wall Street.
0:17.5	Before we get into today's episode,
0:19.4	your money briefing is exploring what you need to know
0:22.0	to become a homeowner and sustain your home.
0:25.1	You can get early access to our series buying a home and keeping it on W.S.J Special
0:29.9	Access, available only for W.S.J. subscribers.
0:34.3	Now on to the show.
0:37.0	Here's your money briefing for Friday, April 19th.
0:42.8	I'm J. R. Whelan for the Wall Street Journal.
0:47.8	More than $60 million in change
0:50.4	winds up in America's landfills each year.
0:53.0	And the coins you still have around your house?
0:56.0	You probably don't think you have much use for them.
0:58.0	People don't have as much of an opportunity to spend them
1:01.0	as they did in the past.
1:02.0	Mobile payments and credit cards have... to spend them as they did in the past.
1:03.0	Mobile payments and credit cards have really made it difficult to spend your coin somewhere like
1:08.7	the bus or a laundromat or a toll booth or even a parking meter. All of those things now take credit or
1:14.6	debit or a tap from your phone and that leaves coins pretty useless.
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from The Wall Street Journal, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of The Wall Street Journal and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.