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South Koreaıs 10,000-won note remainscountryıs largest



 
 
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  #1  
Old October 10th 06, 11:03 PM posted to rec.collecting.paper-money
Owen Linzmayer
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Posts: 57
Default South Koreaıs 10,000-won note remainscountryıs largest

This story and more is available online at www.banknotenews.com

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  #2  
Old October 11th 06, 12:36 AM posted to rec.collecting.paper-money
Sibirskmoneta
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Posts: 638
Default South Koreaıs 10,000-won note remains countryıs largest


"Owen Linzmayer" wrote in message
...
This story and more is available online at www.banknotenews.com


The largest note in China is the 100 yuan, which you carry by the bundle.
They are actually worth more than a 10,000 Won from Korea though.
Interesting how they believe that issuing larger notes will deflate the real
estate market and cause inflation.


  #3  
Old October 11th 06, 06:34 PM posted to rec.collecting.paper-money
Owen Linzmayer
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Posts: 57
Default South Koreaıs 10,000-won note remainscountryıs largest

Yes, I too found it odd that merely changing the number of zeros on a piece
of paper of fiat money would affect the real estate market. I could
understand this result if they were to devalue the currency, of course.

I wish an economist could explain this seemingly irrational behavior.


On 10/10/06 4:36 PM, in article ,
"Sibirskmoneta" wrote:


"Owen Linzmayer" wrote in message
...
This story and more is available online at www.banknotenews.com


The largest note in China is the 100 yuan, which you carry by the bundle.
They are actually worth more than a 10,000 Won from Korea though.
Interesting how they believe that issuing larger notes will deflate the real
estate market and cause inflation.



 




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