2 ms·
Not the OP but there are plenty of examples of countries where the government stole everyone’s deposits — usually by forcibly converting accounts denominated in
by School-Cotton 4y ago
Not the OP but there are plenty of examples of countries where the government stole everyone’s deposits — usually by forcibly converting accounts denominated in a hard foreign currency to the local currency at a farcical “official” rate.
I’ve specifically heard of this happening in Argentina and Yugoslavia, but if you google “forced currency conversion” you can find many other examples.