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And India doing it in 1978 (http://www.thehindubusinessline.com/money-and-banking/highvalue-notes-demonetisation-its-1978-redux/article9320703.ece http://www.th

by pravula 10y ago

And India doing it in 1978 (http://www.thehindubusinessline.com/money-and-banking/highvalue-notes-demonetisation-its-1978-redux/article9320703.ece http://www.thehindubusinessline.com/money-and-banking/highva...)

aub3bhat 10y ago
The difference is in the sheer volume of currency being taken out of / replaced from circulation almost 80% of the value. https://twitter.com/d_jaishankar/status/796012168873320448 https://twitter.com/d_jaishankar/status/796012168873320448
- deleted 10y ago
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- chaatman 10y ago
  >replaced from circulation almost 80% of the value. Not only replacing 80% of the value, but also added 220 Million bank accounts in a span of 15 months. 2/3 of the US population. https://www.reddit.com/r/worldnews/comments/5btovy/indian_rupee_500_and_1000_abolished_from_midnight/d9rc3y6/ https://www.reddit.com/r/worldnews/comments/5btovy/indian_ru...