Current：Home > ContactA cashless cautionary tale -Capital Dream Guides
A cashless cautionary tale
View
Date：2025-04-27 16:45:05
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！ (25)
Related
- Justice Department, Louisville reach deal after probe prompted by Breonna Taylor killing
- Maya van Rossum, the Delaware Riverkeeper, Shouts Down Pennsylvania Gov. Shapiro Over a Proposed ‘Hydrogen Hub’
- Day care provider convicted of causing infant’s death with antihistamine sentenced to 3 to 10 years
- 1000-Lb. Sisters' Amy Slaton is Serving Body in Video of Strapless Dress
- Google unveils a quantum chip. Could it help unlock the universe's deepest secrets?
- Colleges give athletes a pass on sex crimes committed as minors
- Wild horses facing removal in a North Dakota national park just got another strong ally: Congress
- Darryl Strawberry resting comfortably after heart attack, according to New York Mets
- Bodycam footage shows high
- Peter Navarro, former Trump White House adviser, ordered to report to federal prison by March 19
Ranking
- The city of Chicago is ordered to pay nearly $80M for a police chase that killed a 10
- US lawmakers say TikTok won’t be banned if it finds a new owner. But that’s easier said than done
- Who did the Oscars 2024 In Memoriam include? Full list of those remembered at the Academy Awards
- Sister Wives’ Christine Brown Shares Photos Honoring “Incredible” Garrison Brown
- Kylie Jenner Shows Off Sweet Notes From Nieces Dream Kardashian & Chicago West
- South Carolina House nears passage of budget as Republicans argue what government should do
- When is the reunion episode of 'Love is Blind' Season 6? Date, time, cast, how to watch
- Lawsuit accuses Columbia of singling out 2 pro-Palestinian groups by suspending them after protest
Recommendation
NHL in ASL returns, delivering American Sign Language analysis for Deaf community at Winter Classic
Beyoncé reveals 'Act II' album title: Everything we know so far about 'Cowboy Carter'
A trial begins in Norway of a man accused of a deadly shooting at a LGBTQ+ festival in Oslo
Massachusetts governor appeals denial of federal disaster aid for flooding
Federal Spending Freeze Could Have Widespread Impact on Environment, Emergency Management
Michelle Yeoh Shares Why She Gave Emma Stone’s Oscar to Jennifer Lawrence
NASA's Crew-7 returns to Earth in SpaceX Dragon from ISS mission 'benefitting humanity'
South Carolina House nears passage of budget as Republicans argue what government should do