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An Economic Outlook at Demonetization

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An Economic Outlook at Demonetization What is "DEMONETIZATION"? In simple words, it is an act of removing a certain currency (in current scenario, ₹1000 and ₹500...

Fiat Money: The Money You Have Is Worthless Paper? Part 2

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Fiat Money: The Money You Have Is Worthless Paper? Part 2 This article is in continuation of our first article on Fiat Money (Part 1)   FIAT...

Fiat Money: The Money You Have Is Worthless Paper? Part 1

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FIAT MONEY Money without a backbone How did it become possible to make a piece of paper without any intrinsic value a medium of trading?   TIMELINE  The...