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7 July, 13:48

Why must old currency be taken out of circulation when new currency is made?

The old currency is more valuable than the new currency. The new currency is much more liquid than the old currency. Too much currency in an economic system will cause inflation. Too much currency in an economic system will create artificial wealth.

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  1. 7 July, 14:07
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    "too much currency in an economic system will cause inflation."
  2. 7 July, 14:13
    0
    I would say that "too much currency in an economic system will cause inflation."
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