Kim Jong Un's money manipulation is bad news — and there’s likely more to come | NK News
NK News Logo
September 26, 2026Sep 26, 2026

Weapon Directory

Columns

Kim Jong Un’s money manipulation is bad news — and there’s likely more to come

The North Korean government is rolling back old decisions at the detriment of the economy

The following article is a column by Andrei Lankov, a professor at Kookmin University and a director at Korea Risk Group, which oversees NK News and NK Pro. 

Bad news is coming from North Korea these days. But this bad news has nothing to do with the never-ending soap opera of the “North Korean nuclear/missile crisis.”

Instead, it’s about a less spectacular, but far more important issue — North Korean leader Kim Jong Un’s economic strategy, and how the government has started to roll back old decisions at the detriment of the economy.

In the first years of his rule,