[FRIAM] I thought Trump was nuts ...

[Tom Johnson]

Geo. Duncan and I are currently in Southern India.  This currency change
hasn't been a problem for us.  Credit cards work well, but it's tough for
locals.  Seems major screw up was making the decision before new bills were
in supply.  Kinda like initial roll-out of ACA web site.
TJ

On Jan 25, 2017 7:28 AM, "Owen Densmore" <owen at backspaces.net> wrote:

> .. but India's removal of the two largest bills (roughly $8 & $15 notes),
> probably for tax evasion, is so nuts as to be unbelievable!
>
> https://www.nytimes.com/2017/01/24/world/asia/in-its-third-
> month-indias-cash-shortage-begins-to-bite.html
>
>
> Can you see Trump removing $100 bills from the market, or making ATMs
> illegal?
>
> It could be worse! ..Right?
>
>    -- Owen
>
> PS: The article is a good read for it's trickle down effect: guy can't get
> married because he lost is job due to people no longer able to buy his
> product!
>
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