Message:

<p>[QUOTE=&quot;chrisild, post: 749420, member: 39&quot;]Exactly. Likewise, the Federal Republic of Germany redeems the money issued by the Federal Republic, not any money issued by other countries or governments. But the main point here is that in most places - including many politically and economically stable countries - it is pretty normal that at some point &quot;old money&quot; is not legal tender any more. Typically the new cash (be it a single note that replaces a current note of the same value, or an entirely new currency) will be introduced; at some later point the old cash loses its legal tender status, but it will still be redeemable.</p><p><br /></p><p>And in some cases the government may even limit that redemption period, so that after a couple of years the old cash becomes worthless. While other countries will avoid that last step, it may well be a perfectly normal thing ...</p><p><br /></p><p>Christian[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in