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RE: The Liberian Banking Crisis

in #liberia5 years ago

A valuable lesson in economics coming to a bank near you in the not so distant future!

My favorite aspect was seeing the aged USD in circulation in Liberia. I've never seen dollars in such rough shape, they were dark brown from their years of use and mustiness.

Most Americans have never seen paper currency like this. But when there's a shortage of physical, every piece of scrap must come out of the vault for circulation.

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Wow, I have never seen such worn out bills either... I mean anywhere. Interesting observation.