The money I saved as a child would buy one picogram of gold today

Re:The money I saved as a child would buy one picogram of go... by davchana on Sunday April 17, 2022 @07:06PM (#31065395)

One of the many, we indians experienced few years ago, where the prime minister simply announced on national tv that from tonight 8pm onwards two denominations (the highest ones at the time) are not valid anymore. I think he gave few/20 weeks to deposit old notes to banks.

One of many, the housewives who saved money from day to day house expenses, had to come out clean to family that they are holding 1000s of currency in old now defunct notes.

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Re:The money I saved as a child would buy one picogram of go... by samarthr1 on Sunday April 17, 2022 @08:57PM (#31066143)

And so did a bunch of folks who held black money no?

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Re:The money I saved as a child would buy one picogram of go... by davchana on Sunday April 17, 2022 @09:07PM (#31066215)

I think the official figure is, more that 99% of old money was presented to banks for conversion; but this might spill into a political or controversial conversation, I will not be pursuing it because of lack of energy.

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