Current：Home > ScamsA cashless cautionary tale -×
A cashless cautionary tale
View
Date：2025-04-22 23:36:57
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！ (89)
Related
- B.A. Parker is learning the banjo
- LeBron James flag bearer: Full (sometimes controversial) history of Team USA Olympic honor
- Arkansas standoff ends with suspect dead after exchange of gunfire with law enforcement
- Megan Fox Plays the Role of a Pregnant Woman in Machine Gun Kelly's New Music Video
- What to watch: O Jolie night
- Video shows escape through flames and smoke as wildfire begins burning the outskirts of Idaho town
- It’s Brat Girl Summer: Here’s Everything You Need to Unleash Your Feral Party Girl Energy
- Tom Daley Is the King of the World at the 2024 Olympics Opening Ceremony
- IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
- Iron coated teeth, venom and bacteria: A Komodo dragon's tool box for ripping apart prey
Ranking
- IRS recovers $4.7 billion in back taxes and braces for cuts with Trump and GOP in power
- Ryan Reynolds, Hugh Jackman surprise Comic-Con crowd with screening, Marvel drone show
- California Gov. Gavin Newsom orders sweep of homeless encampments
- Alabama prison chief responds to families’ criticism
- B.A. Parker is learning the banjo
- Video tutorial: 4 ways to easily track your packages online
- Proof That Sandra Bullock's Style Has Always Been Practically Magic
- Arizona State Primary Elections Testing, Advisory
Recommendation
Have Dry, Sensitive Skin? You Need To Add These Gentle Skincare Products to Your Routine
Two former FBI officials settle lawsuits with Justice Department over leaked text messages
Veterans lobbied for psychedelic therapy, but it may not be enough to save MDMA drug application
Lady Gaga stuns in Olympics opening ceremony performance with French feathers and Dior
North Carolina trustees approve Bill Belichick’s deal ahead of introductory news conference
North Carolina regulators says nonprofit run by lieutenant governor’s wife owes the state $132K
LeBron James flag bearer: Full (sometimes controversial) history of Team USA Olympic honor
Man charged in Porsche crash that left friend dead: 'I think I just killed my friend'