I do recognize that there has to be a practical process. Obviously there will be loss due to damage and people burying them in their backyards and then forgetting them and they get lost, so I understand. As well, with printing being so sophisticated, there has to be a process. However, are we not concerned that, for example, we will be creating a grey or somewhat black market where, since the bank is the only vehicle that can accept them, there will be basically people who will pay someone $500 for their $1,000 bill because they can't utilize it somewhere else? Were any alternatives looked at? For example, if you put basically a 25-year limit on it, then it's not decided by politicians.
By the way, I do have some concerns when it's politicians who get to choose which bills are acceptable and which ones aren't. Keeping it somewhat independent is important.
Were there any other proposals, such as a 25-year span with a five-year redemption, just so it's not up to an individual government to decide suddenly which currency people can use anymore? I'm just struggling here, because again, I do think we're going to be making a situation where, for some people, perhaps successful entrepreneurs with personal safes where they have that, the only way they can actually get market value for the money is to sell at a discount.