What happens? old money turned in new money handed out at appropriate exchange rate. if 10 million turned in get 1 million back as and easy example. value is adjusted so it goes back to 1973 values which is when Nixon proclaimed we are all Kenseyians and took us off the Gold Standard. except for Secretariat winning it was a shitty year, Yom Kipper war, oil embargo, Abortion allowed, psychology manual DSM4 updated to 5 and Homosexuality validated, Shitty year I remember it well but with distain
What happens? old money turned in new money handed out at appropriate exchange rate. if 10 million turned in get 1 million back as and easy example. value is adjusted so it goes back to 1973 values which is when Nixon proclaimed we are all Kenseyians and took us off the Gold Standard. except for Secretariat winning it was a shitty year, Yom Kipper war, oil embargo, Abortion allowed, psychology manual DSM4 updated to 5 and Homosexuality validated, Shitty year I remember it well but with distain