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> This is just not true for many currencies that have undergone hyper-inflation and hyper-deflation.

When that happens, people tend to abandon them as currencies (though a currency undergoing hyperdeflation would be hoarded as a store of value).




Actually they often do not really abandon the currency, they just issue a new dollar that removes a bunch of orders of magnitude from the dollars.

http://en.wikipedia.org/wiki/Hyper_inflation#Currency


Users (not issuers) abandon the currency as a currency until the measures are taken to assure that some measure of value stability will be restored.

Doing what amounts to a a "reverse split" on the currency is a measure issuers take to get the unit value of currency to a usable value.




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