Not surprised about the Black Market aspect of the CNN trial. I lived in Ceausescu’s Romania for a few years and all of those Eastern Bloc countries operated on the Black Market because their own currencies were worthless. I’m sure that it was the same in the USSR. In Romania, all you needed was Kent cigarettes. They were the currency th…
Not surprised about the Black Market aspect of the CNN trial. I lived in Ceausescu’s Romania for a few years and all of those Eastern Bloc countries operated on the Black Market because their own currencies were worthless. I’m sure that it was the same in the USSR. In Romania, all you needed was Kent cigarettes. They were the currency that everyone used and the packs got “spent” by everyone. If a Romanian actually smoked them, it was a form of bragging. So it fits in perfectly with the folks at the Communist News Network.
I had a young economics teacher in college that related to us how the value of national currency is established. He was from Iran or Iraq as I recall and funny is heck. Where he came from he said they could have based it on Chevy Monte Carlos because everybody craved owning one. His last name was Barakat (sp?) and everybody referred to him as Bear Cat and he loved it.
Not surprised about the Black Market aspect of the CNN trial. I lived in Ceausescu’s Romania for a few years and all of those Eastern Bloc countries operated on the Black Market because their own currencies were worthless. I’m sure that it was the same in the USSR. In Romania, all you needed was Kent cigarettes. They were the currency that everyone used and the packs got “spent” by everyone. If a Romanian actually smoked them, it was a form of bragging. So it fits in perfectly with the folks at the Communist News Network.
Ahhh, Kent cigarettes. Bring back so many memories.
I had a young economics teacher in college that related to us how the value of national currency is established. He was from Iran or Iraq as I recall and funny is heck. Where he came from he said they could have based it on Chevy Monte Carlos because everybody craved owning one. His last name was Barakat (sp?) and everybody referred to him as Bear Cat and he loved it.