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This is what happens when money dies

August 23, 2025

You try to buy a kilo of flour in Gaza. You open your wallet; what’s inside?  A faded 10-shekel note, barely held together by a strip of tape. No one wants it; it is all rubbish now. The 10-shekel note, normally worth about $3, was once the most commonly used bill in daily life. Now, it is no longer in circulation. Not officially—only practically. It has been worn...

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