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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 379.91+0.4%Nov 11 4:00 PM EST

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To: Canuck Dave who wrote (58545)12/2/2009 1:03:52 AM
From: TobagoJack  Read Replies (1) of 217688
 
<<What do they expect North Korean citizens to do with the new currency? They sure won't save it>>

in my economic language, what the n.korean officialdom just did is a classic "monetary reset #1", to be followed by an eventual but inevitable #2 ... and thereafter, total collapse, etc etc revolution, blood, much blood, much more blood

what can the n.koreans do with new money?

buy gold, hoard coal, pile up wood, ... the usual
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