Interesting theory - Indian Demonetisation leading to economic failure in the neighboring country.
https://twitter.com/Tushar15_/status/15 ... 1558529024
https://twitter.com/MandarSawant184
Kavita
@kavita_verma1
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@NAN_DINI_
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@Tushar15_
I don't know if it's coincidence, but pakstaan slid down the road economically right after DeMo - maybe it was the fake Indian currency that was keeping them afloat ? Also, stone pelters in Kashmir vanished
Currency Demonetisation and Future course of Indian Economy
Re: Currency Demonetisation and Future course of Indian Economy
Pakistan's road to economic destruction is 70 yrs in the making and entirely their own, the FICN only helps ISI's agenda inside India by running up Indian inflation, causing transactional backlog, making people suspect their own currency etc. but there's no connection to Pakistan's own economic well being. Pakistan would have been bankrupt 30 yrs ago had it not been for their sugar daddies repeatedly bailing them out. A country with little exports, large import bill, lack of education, healthcare and abject poverty can remain afloat only for so long.
Coming back to FICNs, there are plenty of Rs 2000 and Rs 500 in circulation again . This is another reason why so many traders now readily accept google or paytm. The only way the scourge of fake currency notes will go away when all money is digitized. Ofcourse the downside is without checks and balances in place it is probably much easier to create digital currency than fake currency notes.
Coming back to FICNs, there are plenty of Rs 2000 and Rs 500 in circulation again . This is another reason why so many traders now readily accept google or paytm. The only way the scourge of fake currency notes will go away when all money is digitized. Ofcourse the downside is without checks and balances in place it is probably much easier to create digital currency than fake currency notes.
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Re: Currency Demonetisation and Future course of Indian Economy
Something in the nature of fake digital currency is already happening. See this link below.Ambar wrote:Pakistan's road to economic destruction is 70 yrs in the making and entirely their own, the FICN only helps ISI's agenda inside India by running up Indian inflation, causing transactional backlog, making people suspect their own currency etc. but there's no connection to Pakistan's own economic well being. Pakistan would have been bankrupt 30 yrs ago had it not been for their sugar daddies repeatedly bailing them out. A country with little exports, large import bill, lack of education, healthcare and abject poverty can remain afloat only for so long.
Coming back to FICNs, there are plenty of Rs 2000 and Rs 500 in circulation again . This is another reason why so many traders now readily accept google or paytm. The only way the scourge of fake currency notes will go away when all money is digitized. Ofcourse the downside is without checks and balances in place it is probably much easier to create digital currency than fake currency notes.
https://www.thenewsminute.com/article/h ... pay-164213
Re: Currency Demonetisation and Future course of Indian Economy
This is remedial. Points to lack of monitoring at the said company.nandakumar wrote:.
Something in the nature of fake digital currency is already happening. See this link below.
https://www.thenewsminute.com/article/h ... pay-164213
They will patch it and move on.
Re: Currency Demonetisation and Future course of Indian Economy
Read in entirety , amount partially recovered and some nodes were not updated led to security breach. And This is not digital currency but digital transactionnandakumar wrote:Something in the nature of fake digital currency is already happening. See this link below.Ambar wrote:Pakistan's road to economic destruction is 70 yrs in the making and entirely their own, the FICN only helps ISI's agenda inside India by running up Indian inflation, causing transactional backlog, making people suspect their own currency etc. but there's no connection to Pakistan's own economic well being. Pakistan would have been bankrupt 30 yrs ago had it not been for their sugar daddies repeatedly bailing them out. A country with little exports, large import bill, lack of education, healthcare and abject poverty can remain afloat only for so long.
Coming back to FICNs, there are plenty of Rs 2000 and Rs 500 in circulation again . This is another reason why so many traders now readily accept google or paytm. The only way the scourge of fake currency notes will go away when all money is digitized. Ofcourse the downside is without checks and balances in place it is probably much easier to create digital currency than fake currency notes.
https://www.thenewsminute.com/article/h ... pay-164213