3 ms·
I spoke too soon: an economist[1] reports there is a black market with a discount rate of about 20%. [1] https://www.alt-m.org/2016/11/28/indias-currency-cance
by bandrami 10y ago
I spoke too soon: an economist[1] reports there is a black market with a discount rate of about 20%.
[1] https://www.alt-m.org/2016/11/28/indias-currency-cancellation-seigniorage-and-cantillon-effects/ https://www.alt-m.org/2016/11/28/indias-currency-cancellatio...