>My dear home country uses exchange rate trickery to charge a 50% tax on remitta... | Hacker News

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		rasz on May 11, 2022 \| parent \| context \| favorite \| on: UST “Stablecoin” at $.43 >My dear home country uses exchange rate trickery to charge a 50% tax on remittances. Would that have something to do with a recent war by any chance?

mFixman on May 11, 2022 [–]

The country recently started a "war on inflation", which is being won by inflation.

The latest version of foreign currency restrictions has been on the books since 2019, so it's mostly about the government systemically being shit.

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