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Have you heard this economic joke before? "Hey there is a $20 bill." "No it's not. If it was really $20, someone would have picked it up already."
by justinmeiners 7y ago
Have you heard this economic joke before?
"Hey there is a $20 bill."
"No it's not. If it was really $20, someone would have picked it up already."
- stcredzero 7y agoActually, there's a TED talk where the implementers of remote, self-contained ATMs in India had to modify their procedures and deliberately rough up and age their paper money. Otherwise, people didn't believe that the crisp, perfect paper money that came out of those remote ATMs was real money. If it was really ₹2000, someone would already have roughed it up already.