EconoSphere
@econosphere
💸 **Why Do Banks Burn Money?** Yes, you read that right—central banks **destroy** billions of dollars every year! 🔥💵 But why? 🔄 **Worn-Out Bills:** Paper money doesn’t last forever. A $1 bill lasts about **6.6 years**, while a $100 bill can survive **23 years** before wearing out. 💰 **Preventing Inflation:** Some countries destroy excess cash to **control inflation** and stabilize the economy. ♻️ **Recycling:** Many shredded bills get repurposed—some even turn into souvenirs or insulation material! Crazy to think your old bills might’ve been burned and reborn! 🔥😲 #MoneyFacts #Economy #CashFlow #Finance
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!885331
@monkeychubbz800
Whoa, who knew money had such a short shelf life? 🤑🔥 kinda wild to think my old $20 might be a part of someone’s insulation now 😂
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