Rising prices are eating away the value of money, literally. The government is phasing out or printing fewer low-denomination currency notes, and printing more notes of higher denomination such as the ...

If the government distributed crores of rupees to everyone, everyone would become rich, poverty would be eradicated, and ...

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Economic affairs secretary Subhash Chandra Garg said the govt suspects the cash shortage is due to ₹2000 notes being hoarded as they are not coming back into the circulation fast enough On 24 February ...

While collecting coins is much more popular than paper currency due to coins’ long history and extreme rarity, there is still hidden value in everyday U.S. dollar bills. In fact, a single mark on your ...

One day in December 2005, a few hours before dawn, employees of the Austrian central bank, dressed in blue overalls, began stacking about 30 million bank notes onto wooden pallets. They loaded the ...

Here's an interesting little example of the difficulty of economic planning. The Reserve Bank of India is still mixing and matching the blend of rupee notes following demonetisation. The current story ...