New Japanese money
November 4th, 2004 by quaisiIf you're new here, you may want to subscribe to my RSS feed. Thanks for visiting!
Japan introduced some new notes for the first time in thirty years in an effort to counter the estimated 30 million forged notes in circulation and to awaken sleeping money stuffed under mattresses and drawers.
From the linked article:
Ultra-low interest rates and anxiety about the resilience of financial institutions in recent years has clogged money circulation. Households and businesses have stuffed more than 20 trillion yen in safes and kitchen drawers-about one-third of the total 70 trillion yen in cash in circulation.
Posted in Misc |






November 4th, 2004 at 10:02 pm
Hi Simon! Surfed in via BE, but wanted to say hello from Japan as well…:)
Alex
http://hurlnecklace.mu.nu