The Russian Revolution of ’90-91 continues: President Mikhail Gorbachev, of the Soviet Union, orders a currency recall: All 50 and 100 Ruble banknotes in circulation will no longer be recognized as legal tender, and must be redeemed within a three-day period—and for smaller amounts than their face value.  This has the effect of instantly destroying the savings of millions of Soviet citizens.

       NOTE: This is the further realization of plank number five of the “Communist Manifesto” by Karl Marx.

       [added 2/2/2023] Thanks to Freedom’s Phoenix for this entry.