The junta will issue a new currency with the image of Elephant leprosy

On 23rd July the junta announced that they will issue a new currency with the image an elephant. They said they will issue this for the first birth day of that so called white elephant. In eastern country like Myanmar white elephant is noble and honored. But this is not very strange if you watch Discovery or Planet channel many times. It is just the defection of Gene. This kind of animal are more vulnerable than their same kind.

Actually they should not print out new currency especially high value currency in current situation. There is an ongoing civil war and also we are facing inflation severely. This will make my country economy worse than before.

They described three facts in total.

  1. This is special note for birthday event
  2. They will only issue limited amount.
  3. They will allow the damaged notes to exchange with this new note.

But the problem is nobody believe their words. As soon as this announcement released the price of US dollar increased by 10 to 15%. The prices of other daily necessity also increased. We can not even think of what will happen in next few days.

If US and other EU countries helped Myanmar one tenth of the support they give to Ukraine, Myanmar will not face this kind of fate. Anyway this is already happened. We have to face the consequences of super inflation. I feel very sad to talk about this. i never expected to come back to Hive with this kind of post.



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Bang, I did it again... I just rehived your post!
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