tag:blogger.com,1999:blog-6704573462403312459.post8678956450746328607..comments2024-03-29T02:53:03.321-04:00Comments on Moneyness: Demonetization by serial numberJP Koninghttp://www.blogger.com/profile/02559687323828006535noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-6704573462403312459.post-46887860372357284412017-03-29T07:54:46.246-04:002017-03-29T07:54:46.246-04:00That's exactly what a series of currency recal...That's exactly what a series of currency recalls is meant to achieve. Holding value in large value notes is one of the cheapest ways of keeping black money. Gold is expensive to store. And like cryptocurrencies, it is quite volatile. Rather than allowing people to evade the costs of storage and volatility by holding banknotes, currency recalls force them to bear them.JP Koninghttps://www.blogger.com/profile/02559687323828006535noreply@blogger.comtag:blogger.com,1999:blog-6704573462403312459.post-78547073938289879652017-03-28T16:06:00.622-04:002017-03-28T16:06:00.622-04:00If there are many rounds of currency recalls, rich...If there are many rounds of currency recalls, rich owners might be switching to other means of value storage like gold or crypto currencies...Anonymousnoreply@blogger.com