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Rather than voiding it, they force it out of circulation by giving a deadline that requires people to deposit it in a bank.
by partycoder 10y ago
Rather than voiding it, they force it out of circulation by giving a deadline that requires people to deposit it in a bank.
- jimmywanger 10y ago> they force it out of circulation by giving a deadline that requires people to deposit it in a bank. Do you know what circulation means in this context? If the money is in a bank, it's still in circulation, you can use your ATM card to pay for stuff with it. You just don't have the bill on you, but the money is still floating around.