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South Koreaıs 10,000-won note remainscountryıs largest
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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. |
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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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