That's kinda what India just did.
India’s Government Makes Banknotes Worthless by Decree Overnight
As I write this in the morning of 9th November 2016, there are huge lines forming outside gold shops in India — and gold traded heavily until late into the night yesterday. Depending on who you ask, the retail price of gold has gone up between 15% and 20% within the last 10 hours.
http://www.zerohedge.com/news/2016-1...r-currency-ban
Apparently these are the notes most used by the middle and poorer classes, as usual the rich are protected and the poor are being fleeced by black market money changers. There's a war on cash worldwide and politicians and central banksters drool over the control that will give them, and there are a number of news pieces where banksters and politicians both call for the elimination of cash, no more financial anonymity unless by barter. The simple will see this as a good thing.
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