Bingo 🎯 This is not a new idea. β€”Cyprus, 2013: Uninsured deposits bank bail-in. β€”Brazil, 1990: savings frozen for 18 months. β€”Argentina, 2001–2002: Accounts frozen; dollars forcibly converted. β€”Mexico, 1982: Dollar deposits converted at official rate. (Haircut) β€”Soviet Russia, 1917–1918: Banks nationalized; deposits seized. β€”Vietnam, 1975: Bank branches and deposits confiscated.​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​

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That is a great point. I consulted grok and was given this: Brazil, 1990: Savings frozen to fight hyperinflation. β€’ Argentina, 2001–2002: Freeze and forced peso conversion after peg collapse. β€’ Mexico, 1982: Dollar deposits converted amid peso crisis. β€’ Bolivia, 1982: Forced conversion during currency collapse. β€’ Peru, 1985: Dollar deposits converted in hyperinflation crisis. β€’ Japan, 1946: Deposits frozen after wartime inflation.​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​
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