History /
Communism fell 20 years ago, Poland led the fight since WW2 [341]
Also I am interested in when the communists devalued the Zloty on day, if you had 1000 zloty in the bank.
I can't remember any bank savings devaluation you mention (imposed by government regulations) but there was a time that there was
hyperinflation (government went on printing money) and that thing caused bank savings to turn into peanuts - the only exception were so called lodging booklets 'książeczki mieszkaniowe' that were later (in the 90's and maybe even up to now) recounted - but that money could have only be used to buy flats (maybe also houses)
those who received credit before the hyperinflation suddenly were paying back peanuts on the other hand
so some people would lose savings of their lifes and some would receive free state support at the same time (I guess those who knew about what was going to happen were surely taking credits then) others were just lucky
in 1995 we had denomination - 1 polski nowy złoty replaced 10000 previous złotych
and I was still not able to count in PLN as recently as 2000 instead counting in millions ;)
but it was by no means another reaping of the nation's savings
however sometime in the 50's the commies made an assault on nation's savings performing money replacement - they printed new notes (don't know about coins) and single person or family could only receive a limited amount of new currency for the old currency - it was an attempt to destroy private sector - I think the very moment most deals in private sector started to be performed in dollars (illegally)