Print Page - Some shredder stats

Title: Some shredder stats
Post by: Unicorn on September 12, 2015, 07:16:31 PM

In today's news ....

http://www.news.com.au/finance/money/why-we-shred-1nbspmillion-in-cash-every-hour/story-e6frfmci-1227524081692 (http://www.news.com.au/finance/money/why-we-shred-1nbspmillion-in-cash-every-hour/story-e6frfmci-1227524081692)

Title: RE: Some shredder stats
Post by: Pedro on September 12, 2015, 09:46:54 PM

"In the next decade or so, the government will try to slowly get back all the existing cash in Australia and shred it all." :blink:

Pedro

Title: RE: Some shredder stats
Post by: Fulvio on September 13, 2015, 06:52:18 PM

Meanwhile, zero cryptocurrencies wore out and had to be destroyed. :P

Title: RE: Some shredder stats
Post by: runway on September 20, 2015, 11:10:23 PM

Banks call it muting
Nothing new about the practice

Title: RE: Some shredder stats
Post by: oh my florin on September 21, 2015, 12:25:29 PM

Yeah currency deemed unfit for circulation are sent back to the RBA for exchanging new currency and destruction of old

Australian-Coins Forum

Australian Coins, Banknotes and Exonumia => Australian Banknotes => Topic started by: Unicorn on September 12, 2015, 07:16:31 PM