Tagged: currency

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Ideal Money – Ideal or a Far Cry from the Idea?

As bubbles and bursts become a recurrent feature of the existing monetary system, the demand for an alternative gain traction. John F Nash proposes the concept of ‘ideal money’ to ensure stability in the...

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Black Money, Corruption and Demonetisation

By Dr Martin Patrick* The demonetisation of currency[1] after a long period of 38 years was a welcome and bold step taken by the Government of India on November 8, 2016. The last demonetisation...