Currency Revaluation Stirs North Korean Unrest
DECEMBER 02, 2009 by EXECUTIVE ALERT
“Chaos reportedly erupted in North Korea on Tuesday after the government of Kim Jong Il revalued the country’s currency, sharply restricting the amount of old bills that could be traded for new and wiping out personal savings.” (Washington Post, Wednesday)
Governments will be governments.
FEE Timely Classic
“Abolish Legal Tender” by D. Alexander Moseley