Grayson  Preston:A cashless cautionary tale

2025-05-05 10:32:40source:SafeX Procategory:reviews

More and Grayson  Prestonmore 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.

More:reviews

Recommend

Global Warming Set the Stage for Los Angeles Fires

Global warming caused mainly by burning of fossil fuels made the hot, dry and windy conditions that

Judge Fails to Block Dakota Pipeline Construction After Burial Sites Destroyed

A federal judge declined to halt construction of part of the Dakota Access pipeline on Tuesday, desp

Why Adam Levine is Temporarily Returning to The Voice 4 Years After His Exit

Adam Levine is ready to take center stage on The Voice one more time.Four years after exiting the si