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South Korean Gold

Why Did South Koreans Give Up Their Gold in 1998?

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The Republic of Korea is an East Asian country that occupies the southern half of the Korean Peninsula and shares a land border with North Korea. The Yellow Sea forms its western border, while the Sea of Japan forms its eastern border. The country has a population of 51 million people. Roughly half of them […]

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People in the US got free flights by buying money from the government. People would buy 1$ coins in bulk from the US mint (free shipping) and pay off their credit card bill with the coins. They would buy the coins with credit cards that awarded frequent flyer miles, thus getting them free miles.

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How Frequent Fliers Exploit A Government Program To Get Free Trips We recently reported on the the government’s failed effort to persuade Americans to use dollar coins. But the coins have found at least one group of fans: Travel enthusiasts who buy thousands of dollar coins with credit cards that award frequent-flier miles for purchases.

People in the US got free flights by buying money from the government. People would buy 1$ coins in bulk from the US mint (free shipping) and pay off their credit card bill with the coins. They would buy the coins with credit cards that awarded frequent flyer miles, thus getting them free miles. Read More »

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