US dollar tanks so hard, Cuba abandons it
As someone who earns his living in US dollars but lives in the UK, I'm keenly aware of the plummeting value of the post-fiscal-responsibility greenback. Turns out I'm not the only one worrying about his wealth vanishing down the US deficit: Fidel Castro has ordered Cubans to stop trading in dollars and switch to Swiss Francs, Euros and Pounds Sterling.Cubans and others on the island can still hold dollars in unlimited quantities and can change them into pesos before the new policy takes effect. But they will have to pay a 10 percent charge to exchange dollars afterward. There will be no such charge on changing other foreign currencies, such as Euros, into convertible pesos.Link
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Cory Doctorow
Upcoming appearances
* Feb 9, 2012, DeKalb, IL: Day of Doctorow, NIU
* Feb 10-12, 2012, Chicago, IL: Capricon 32
* Feb 13, 2012, Arlington, TX: UT Arlington College of Engineering Distinguished Speaker Series
* Feb 16, 2012, Victoria, BC: 13th Annual Privacy and Security Conference
Recent books:
* Context (essays)
* With a Little Help (short stories)
* For the Win (YA novel)
* Makers (adult novel)
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