The “Mickey Mouse Money” During World War II in the Philippines, the occupying Japanese issues a fiat money, a government-issued currency that is not backed by a commodity such as gold and it’s the government that decrees its value. The Japanese-Philippine currency was derisively termed “Mickey Mouse Money” by the Filipinos- an obvious reference to their contempt for the Japanese occupation. The size and format of the smaller denominations is very similar to other occupation currencies made by t
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Mickey Mouse Money: Nang mangyari ang hyperinflation sa panahon ng Japanese Occupation. Source: Agoncillo, Teodoro. History of the Filipino People. Philippine Currency Collectors Society archives Disclaimer: This content is for educational purposes. Visuals are artistic historical representations. #PhilippineHistory #FunHistoryFacts #ProjectKasaysaysn #MickeyMouseMoney | Project Kasaysayan
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