this post was submitted on 23 Oct 2023
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Mildly Interesting

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This is for strictly mildly interesting material. If it's too interesting, it doesn't belong. If it's not interesting, it doesn't belong.

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Before someone asks why there isn't insane inflation from banks printing an infinite amount of money for themselves, the Hong Kong dollar is pegged to the US dollar. In order to be allowed to print HKD, banks must have an equivalent amount of USD on deposit.

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[–] EinfachUnersetzlich@lemm.ee 1 points 1 year ago

And four in Northern Ireland. Always fun trying to pay with a Danske Bank note outside NI.

I think one of them stopped printing notes recently though.