Social media users are claiming paper currency is going out of production.
In a Dec. 9 Facebook post, a woman, who says she is at her bank, looks directly into the camera with a paper sign attached to the wall behind her, and she says that her bank has notified her that the government has stopped producing paper money.
"The Federal Reserve has suspended the availability of new currency," reads the paper sign behind the woman in the video. "As a result, PFFCU (Police and Fire Federal Credit Union) will not be able to provide new bills as we have in previous years when requested."
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The post garnered more than 11,000 shares in six days. Similar versions have been shared on Facebook.
But the claim is false. The Fed recently announced that it will no longer allow banks to submit orders for new bills for the end-of-the-year holiday period, also known as "holiday currency special orders." Nevertheless, the Fed will continue to take regular orders from banks for new currency and distribute the new bills periodically throughout the year.
In addition, U.S. currency is printed by the Bureau of Engraving and Printing, not the Fed, and there is no evidence that the bureau has stopped producing paper bills.
USA TODAY reached out to the social media user who shared the post for comment.
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