I had NPR on in the background, and heard someone talking about the economic policy of a former dictator of Burma (now Myanmar). Ordinarily that type of thing wouldn't have caught my interest (and indeed I don't remember what the rest of the program was about), but in this case, it turns out that the dictator woke up one day in 1987 and decided that the denomination of all of the bank notes should be divisible by nine. So, the government issued 90, 45, and 15 kyat notes (yeah, 15 is not divisible by nine. tell it to the general).
This would be funny if that was it. However the dictator also decreed that the old notes had no value. So, everyones' cash was worthless, and many people immediately were bankrupt. Here is one description of the event. The dictator has since been deposed and died, but alas, the country is still ruled by a military junta, and is not much better off. Strange, sad, and true.


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