What happens to very old money/bills? Do they just get used until the last person gets it and it eventually disintegrates?
In: Other
Banks will replace old cash for you if you ask them to, or if you just deposit it into an account. The bank will send the old cash to the federal reserve who will destroy it.
Or if you spend it and give it to a business, then it will get replaced when that business takes it to their bank.
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