Current：Home > ContactA cashless cautionary tale -MoneyBase
A cashless cautionary tale
View
Date：2025-04-25 08:12:43
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！ (135)
Related
- Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
- Spanish judge opens an investigation into intelligence agents who allegedly passed secrets to the US
- Rogue ATV, dirt bikers terrorize communities, vex police across US
- CFP committee makes safe call in choosing Alabama over FSU. And it's the right call.
- Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
- Mega Millions winning numbers for Dec. 1 drawing: Jackpot now at $355 million
- Deputy on traffic stop in Maine escapes injury when cruiser hit by drunken driver
- Consider a charitable gift annuity this holiday. It's a gift that also pays you income.
- Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
- Purdue Pharma, Sacklers' OxyContin settlement lands at the Supreme Court
Ranking
- Rylee Arnold Shares a Long
- Gore blasts COP28 climate chief and oil companies’ emissions pledges at UN summit
- Watchdog: Western arms companies failed to ramp up production capacity in 2022 due to Ukraine war
- Sylvester Stallone returns to Philadelphia for inaugural 'Rocky Day': 'Keep punching!'
- A South Texas lawmaker’s 15
- Why some investors avoid these 2 stocks
- Florida State coach Mike Norvell, AD shred committee for College Football Playoff snub
- 11 bodies recovered after volcanic eruption in Indonesia, and 22 climbers are still missing
Recommendation
Pregnant Kylie Kelce Shares Hilarious Question Her Daughter Asked Jason Kelce Amid Rising Fame
Opening arguments begin in Jonathan Majors trial
Purdue Pharma bankruptcy plan that shields Sackler family faces Supreme Court review
AP PHOTOS: 2023 was marked by coups and a Moroccan earthquake on the African continent
South Korean president's party divided over defiant martial law speech
Full transcript of Face the Nation, Dec. 3, 2023
Spanish newspaper association files multimillion-euro suit against Meta over advertising practices
Jim Leyland, who guided Marlins to first World Series title, elected to Hall of Fame