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In medieval Europe they would do "recoinage". They would declare all the old coinage no longer legal tender (also outlaw hoarding and transacting with it or for
by recursivecaveat 3mo ago
In medieval Europe they would do "recoinage". They would declare all the old coinage no longer legal tender (also outlaw hoarding and transacting with it or foreign currency). The mint would take all your old coins off your hands and give you back 75% as many new coins.