On 9/27/2010 10:33 PM, Pat Gunning wrote:
> Is it not true that money that is due to die tomorrow would, in a world of reasonably astute people, die today?


Since the object was to flush money out of the underground economy,
the currency could "die" but come with a period where the gvt exchanges
for new currency at face value.

I think this is pretty common during currency "reforms".
The introduction of the new Iraqi dinar worked just like this, iiuc.

Cheers,
Alan