On The Currency Reform That Put Montenegro Center Stage

Authored by Steve H. Hanke of the Johns Hopkins University. Follow him on Twitter @Steve_Hanke.
The tiny Balkan state of Montenegro appeared on center stage at the NATO summit of world leaders in Brussels. Indeed, Montenegro’s Prime Minister, Dusko Markovic, was a bit too much front and center for President Trump. So, Trump moved Markovic to the side, and rightfully so. After all, Montenegro isn’t even a formal member of NATO yet, but only a state in the process of becoming a member – something that has, among other things, raised Russia’s hackles.