Current：Home > NewsA cashless cautionary tale -Secure Growth Solutions
A cashless cautionary tale
View
Date：2025-04-17 13:40:23
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！ (7)
Related
- $73.5M beach replenishment project starts in January at Jersey Shore
- Georgia sheriff dies after car hits tree and overturns
- What's your MBA GPA? Take our Summer School final exam to find out
- How many people died in Maui fires? Officials near end of search for wildfire victims
- Hackers hit Rhode Island benefits system in major cyberattack. Personal data could be released soon
- 3 Albuquerque firefighters accused of raping woman at off-duty gathering
- Japan’s PM visits fish market, vows to help fisheries hit by China ban over Fukushima water release
- Jada Pinkett Smith Welcomes Adorable New Member to Her and Will Smith's Family
- Jamie Foxx reps say actor was hit in face by a glass at birthday dinner, needed stitches
- Vigilantes target traffic cameras as London's anti-air pollution zone extends to suburbs
Ranking
- Alex Murdaugh’s murder appeal cites biased clerk and prejudicial evidence
- Packers were among teams vying to make move for Colts' Jonathan Taylor, per report
- Hurricane Idalia's aftermath: South Carolina faces life-threatening flood risks
- Couple arrested for animal cruelty, child endangerment after 30 dead dogs found in NJ home
- Retirement planning: 3 crucial moves everyone should make before 2025
- Death of woman following attacks on North Carolina power stations ruled a homicide
- 'Bottoms' review: Broken noses and bloodshed mark this refreshingly unhinged teen comedy
- Forecasters warn of increased fire risk in Hawaii amid gusty winds, low humidity
Recommendation
Intellectuals vs. The Internet
Lahaina death toll remains unclear as Hawaii authorities near the end of their search
Court upholds Michael Avenatti’s conviction for plotting to extort up to $25 million from Nike
Woman who stabbed grandfather in the face after he asked her to shower is arrested
Who's hosting 'Saturday Night Live' tonight? Musical guest, how to watch Dec. 14 episode
Japan’s PM visits fish market, vows to help fisheries hit by China ban over Fukushima water release
Maui officials face questions over wildfires response as search for victims wraps up
Canada issues warning for LGBTQ travelers in the United States