Nicholas Eberstadt has some interesting statistics in a Wall Street Journal op-ed this week: For a variety of reasons—possibly including unintended reverberations from the past decade’s nuclear drama—the remonetization [of 2002] did not work well. Too much new money was chasing too few goods, sparking significant inflation. By November 2009, the North Korean won’s black-market … Continue reading Nicholas Eberstadt on the DPRK’s new monetary policy