domingo, 5 de febrero de 2017

Desde Investopedia

Demonetization is the act of stripping a currency unit of its status as legal tender. Demonetization is necessary whenever there is a change of national currency. The old unit of currency must be retired and replaced with a new currency unit. 

The opposite of demonetization is remonetization where a form of payment is restored as legal tender.
Breaking it Down:
There are multiple reasons why nations demonetize their local units of currency. Some reasons include to combat inflation, to combat corruption, and to discourage... Read More

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