Current：Home > StocksA cashless cautionary tale -FinanceMind
A cashless cautionary tale
View
Date：2025-04-11 23:02:36
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！ (1233)
Related
- Working Well: When holidays present rude customers, taking breaks and the high road preserve peace
- The CDC is helping states address gun injuries after years of political roadblocks
- Rachel Hollis Reflects on Unbelievably Intense 4 Months After Ex-Husband Dave Hollis' Death
- Pink’s Nude Photo Is Just Like Fire
- Toyota to invest $922 million to build a new paint facility at its Kentucky complex
- New federal rules will limit miners' exposure to deadly disease-causing dust
- Why Shay Mitchell Isn't Making Marriage Plans With Partner Matte Babel
- Climate Change Makes a (Very) Brief Appearance in Dueling Town Halls Held by Trump and Biden
- 'No Good Deed': Who's the killer in the Netflix comedy? And will there be a Season 2?
- Life on an Urban Oil Field
Ranking
- Gen. Mark Milley's security detail and security clearance revoked, Pentagon says
- 17 Vacation Must-Haves Under $50 From UnSun Cosmetics, Sunnylife, Viski & More
- 6 Ways Andrew Wheeler Could Reshape Climate Policy as EPA’s New Leader
- Full transcript of Face the Nation, June 25, 2023
- Who are the most valuable sports franchises? Forbes releases new list of top 50 teams
- Big Brother Winner Xavier Prather Engaged to Kenzie Hansen
- The Canals Are Clear Thanks to the Coronavirus, But Venice’s Existential Threat Is Climate Change
- Taking the Climate Fight to the Streets
Recommendation
Jamie Foxx reps say actor was hit in face by a glass at birthday dinner, needed stitches
Matty Healy Leaves a Blank Space on Where He Stands With Taylor Swift
Transcript: Cindy McCain on Face the Nation, June 25, 2023
50 Years From Now, Many Densely Populated Parts of the World Could be Too Hot for Humans
Tarte Shape Tape Concealer Sells Once Every 4 Seconds: Get 50% Off Before It's Gone
A year after victory in Dobbs decision, anti-abortion activists still in fight mode
17 Vacation Must-Haves Under $50 From UnSun Cosmetics, Sunnylife, Viski & More
Woman allegedly shoots Uber driver, thinking he kidnapped her and was taking her to Mexico