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Durable money refers to currency that is designed to withstand physical wear and tear over time, maintaining its usability in transactions. It is often made from materials that are resistant to degradation, such as polymer or treated paper, ensuring it remains in circulation longer. This concept contrasts with less durable forms of money that may degrade quickly and require frequent replacement. The durability of money contributes to its effectiveness as a medium of exchange, store of value, and unit of account.

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1w ago

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