This video vividly depicts what the economic and monetary situation was in Yugoslavia on the „eve of the war,“ in 1990. As part of its economic stabilization measures, the government of Prime Minister Ante Marković „shaved“ four zeros off the dinar and introduced its convertibility. According to the new exchange rate, it was
Inflation, devaluation, and the general decline in the value of money have recently become current topics again. We can say that this phenomenon has shocked today's generations and they still cannot recover, wondering how something like this is possible? Especially in the 21st century and in
From the HRT Archive: Inflation and the Devaluation of the Dinar in Socialist Yugoslavia Read more »
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