Current：Home > MyA cashless cautionary tale -NextFrontier Capital
A cashless cautionary tale
View
Date：2025-04-16 20:03:49
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.
veryGood！ (1)
Related
- Chuck Scarborough signs off: Hoda Kotb, Al Roker tribute legendary New York anchor
- Tennessee gas station clerk charged, accused of stealing man's $1 million lottery ticket
- Billy Ray Cyrus Tells Ex Firerose “See You in Court” After Release of Shocking Argument
- Families describe assaults and deaths behind bars during hearing on Alabama prison conditions
- A Mississippi company is sentenced for mislabeling cheap seafood as premium local fish
- Giants on 'Hard Knocks': Inside Joe Schoen's process for first round of 2024 NFL Draft
- 19 Kids and Counting's Jana Duggar Reveals She's Moved Out of Family's House
- USA’s Kevin Durant ‘looked good’ at practice, but status unclear for Paris Olympics opener
- Trump suggestion that Egypt, Jordan absorb Palestinians from Gaza draws rejections, confusion
- Meet the girls who started an Eras Tour craze with some balloons and got a Swift shoutout
Ranking
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Hi Hi!
- 19 Kids and Counting's Jana Duggar Reveals She's Moved Out of Family's House
- Shipwreck hunters find schooner 131 years after it sank in Lake Michigan with captain's faithful dog
- NASA releases eye-popping, never-before-seen images of nebulae, galaxies in space
- Former Danish minister for Greenland discusses Trump's push to acquire island
- A Guide to Clint Eastwood’s Sprawling Family
- MLS All-Star Game vs. Liga MX: Rosters, game time, how to watch on live stream
- Former University of Florida president will return on an interim basis after Ben Sasse’s resignation
Recommendation
What were Tom Selleck's juicy final 'Blue Bloods' words in Reagan family
Appeals judges rule against fund used to provide phone services for rural and low-income people
16 and Pregnant Star Autumn Crittendon's Mother-in-Law Speaks Out After Her Death
Third man pleads guilty in connection with threats and vandalism targeting New Hampshire journalists
Working Well: When holidays present rude customers, taking breaks and the high road preserve peace
Snoop Dogg at the Olympics: Swimming with Michael Phelps (and a bet with Russell Crowe)
White House agrees to board to mediate labor dispute between New Jersey Transit and its engineers
Graphic footage shows law enforcement standing over body of Trump rally shooter