In Conversation Episode 8 The Struggles at the U.S. Mint

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Foreign Did you know the United States Mint is Now a very profitable area of government Oh yeah it strikes more than 10 billion Circulating coins a year I'm Chuck Woolery and welcome to in Conversation This week former directors of the United States met Philip Diehl and Ed Moy Discuss the problems a mint was having When Philip took office and the changes He initiated to turn things around Uh you set the mint uh was a turnaround Situation talk to me a little bit about That and uh what did you do to turn it Around yes Well it was hard to identify any system That Didn't need to be reformed from the Financial management system that was Really the point that the treasury Department focused on when I went over You got to straighten out the terrible Financial management situation and but Um Union relationships were terrible There was a great deal of you know Bad morale in the place and just Everything it's had a history of bad Morale yes that's right and including You know labor walkouts federal Employees can't strike but labor Walkouts did occur and so it was a Challenge just to develop a you know an Idea a strategy really for uh how to

Address all the things we needed to do Visit for more information On precious metals coins and precious Metal IRAs America's gold Authority U.S money Reserve is proud to be a leading Distributor of government issue Gold Silver Platinum and Palladium For over 20 years hundreds of thousands Of clients have placed their trust in The company to help select the highest Quality and most appropriate precious Metals for their portfolios So whether you're a first-time buyer or Looking to expand your current portfolio U.S money Reserve is committed to Bringing you a superior customer Experience I'm Chuck Woolery thank you for watching In conversation

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