Post

India's demonetization could be a warning as we use less cash around the world : The Indicator from Planet Money

Downvote
npr.org/2023/06/05/1180158000/a-cashless-cautionary-tale

More and more countries around the world are moving away from cash. India's recent announcement that it'll get rid of its highest denomination bill brings back memories of a disastrous experiment to invalidate most of its currency in 2016. But is the country ready for a world with less cash? And what can the rest of the world learn from its experiment.
Today, we tell India's…

This story from npr.org was posted on 2023-06-06 by @globeam.

Comments

The Entire Business World on a Single Page. Free to Use →