> 1 street cash, US dollars
> 2 street cash, euro currencies, Aus, japan
> 4 street cash, other regions
I'm curious as to why these are separated?
Are 2 & 4 more soft than 1 because:
a) the central banks are more likely to default?
b) the governments are more likley to invoke exchange controls?
c) higher inflation rates?
d) the notes are more likely not to be accepted?
Regarding (d), the US Dollar is the most highly counterfeited currency AFAIK.
In Costa Rica, about 1% of the $100 notes I get FROM THE BANK are counterfeit,
and not accepted by any merchant or the bank that gave it to me. Another 1% are
ripped bills, that no merchant will accept, and banks are hit or miss.
On the other hand, I've never received a counterfeit Colone note, and am able to
passed off Colones that are literally destroyed and taped back together.
So YMMV.
(a) (b) and (c) are also dubious.
Adam
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