Outrageously Funny Word Dictionary :: Demonetizes

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What is the definition of demonetizes? 🙋

👉 Demonetization is a process by which the official currency of a country or region is removed from circulation, often in order to reduce the money supply and curb inflation. This can occur through various means such as changing the face value of coins or issuing new bills with higher denominations, but it can also involve changes in the monetary policy of the government or other measures to control the economy. For example, in 2017, China's central bank implemented a series of measures to reduce


demonetizes

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