So it's like devaluation, but with a "progressive" twist? | Hacker News

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CWuestefeld on Dec 2, 2009 | parent | context | favorite | on: North Korea Changes Currency

So it's like devaluation, but with a "progressive" twist?

DrJokepu on Dec 2, 2009 [–]

Well, yeah, infinitely progressive. It's like if the tax rate above a range was 100%.

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