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New York Times World

To keep his promises, Mr. Kim needs cash urgently. His regime is now trying aggressively to absorb as much foreign currency as possible from the public, and especially from North Koreans who have accumulated such savings by smuggling goods from China.

North Korea Wants Dollars. It’s a Sign of Trouble.

Kim Jong-un is desperately trying to find hard currency to fund his military and economic ambitions.

3:19 AM · Dec 11, 2022

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Washington does the same thing. It's true for all autocratic regimes.

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