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Old 01-05-2010, 12:48 AM   #7
peaceandlove
Avalon Senior Member
 
Join Date: Sep 2008
Location: Turtle Island
Posts: 2,776
Default Re: North Korea currency change sparks panic

Quote:
Originally Posted by Humble Janitor View Post
Fear, blah blah blah.

North Koreans have little to fear from their clueless leader.
I'm confused. What part of G. Edward Griffin's statement did you miss?????

Quote:
From: G. Edward Griffin's site: http://www.realityzone.com/currentperiod.html
North Korean government issues new currency, giving one new for 100 old.

The maximum allowed is equivalent to $740. Those with savings in excess of that will lose it all.

The emerging middle class will be destroyed. Inflation caused by fiat money always ends this way. It is the ultimate tax.

BBC Posted 2009 Dec 4 (Cached)

Last edited by peaceandlove; 01-05-2010 at 01:30 AM.
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