To: ASOC
Decimalisation was very inflationary as the smallest unit of currency (ignoring the farthing) became 2.4 times larger. Merchants just rounded up.
8 posted on
12/24/2007 11:40:43 AM PST by
1066AD
To: 1066AD
I was in Russia (well, the Komi Republic) when the Ruble went free fall. Overnight 5000RR to 1 USD. Absolutely devastating for old folks.
11 posted on
12/24/2007 3:08:28 PM PST by
ASOC
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