This Japanese WWII banknote, called “Mickey Mouse money”, was printed in massive amounts during the Japanese occupation of the Philippines. It lost value quickly due to inflation, earning its nickname. The note shows the Rizal Monument, which survived the Battle of Manila, where much of the city and its historic buildings were destroyed. This banknote reflects World War II history, Japanese occupation, Filipino culture, economic pressures, and rare collectibles. #Philippines #history #wwii | Jon

As the Japanese occupation of the Philippines neared its end, the situation in Manila grew increasingly desperate. The economy had completely collapsed, and the once-thriving city was now gripped by starvation and despair. The Japanese, having looted everything of value, left the Filipinos with nothing. Food was scarce, medicine was nonexistent, and even basic farm equipment had been stolen. Society was on the verge of collapse. The black market thrived as people desperately bartered for scraps

In 1944, guerrilla resistance against the Japanese occupation in the Philippines was ongoing and intensified with the imminent Allied invasion, providing crucial intelligence and harassing Japanese forces. Philippine and American guerrillas were instrumental in supporting the American landings on Leyte Island in October 1944, a pivotal moment in General MacArthur's campaign to liberate the Philippines. | Kulay at Kasaysayan