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 demonetization story and look at the drawbacks of a completely cashless society.
Music by Drop Electric. Find us: Facebook / Newsletter.
Subscribe to our show on Apple Podcasts, Spotify, Pocket Casts and NPR One.
For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.
2024-12-25 08:261631 view
2024-12-25 08:211017 view
2024-12-25 08:16851 view
2024-12-25 08:071550 view
2024-12-25 07:29423 view
2024-12-25 07:001625 view
(Note: This episode originally ran in 2018.)The Smoot-Hawley Tariffs were a debacle that helped plun
Raynella Leath has spent decades battling suspicions about her past. Her first husband was said to h
Despite all the headlines about the procedure, many Americans do not know basic facts about abortion