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Glad I am not in North Korea

From the Wall Street Journal:

North Korea said on Monday it would issue new won currency this week that would in effect lop two zeros off the old —requiring 1,000-won bills, for example, to be exchanged for 10-won notes with, theoretically, the same buying power.

It said it would limit the amount of old currency it would accept in exchange, to the equivalent of about $40 worth at unofficial exchange rates.

Wall Street Journal

Only $40 worth! Oh boy…

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