Name: Are you living the biggest scam called money? Demonetization and after
Price: 34.05 EUR
Availability: InStock
Author: Mittal, Sachin
ISBN: 9789386407313

portada Are you living the biggest scam called money? Demonetization and after

Are you living the biggest scam called money? Demonetization and after

Type

Physical Book

Author

Sachin Mittal

Publisher

Zorba Books

Language

English

Pages

134

Format

Paperback

Dimensions

22.9 x 15.2 x 0.9 cm

Weight

0.25 kg.

ISBN13

9789386407313

Synopsis "Are you living the biggest scam called money? Demonetization and after"

In the current day and age, currency is considered as money that forms the basis of all our transactions. But what happens when we realize that these pieces of paper are nothing but deception? What if, one day, out of nowhere, we are told that these currency notes are as good as paper? As scary as it sounds, this scenario is not very far from the truth. On 8th November 2016, the citizens of India were faced with a similar predicament. It was the day when the government of India declared 86% of the currency worthless unless exchanged for new currency notes. An expert on financial matters, Sachin Mittal takes us through the seemingly complex matters on a variety of topics that explain one of the most basic questions of our existence: What is Money? Through a deft use of examples, Mittal draws a timeline of the various forms of money used for transactions since the existence of civilization till date. Finally, he delves on the origin of money as we know it, the paper currency. The author does not wish to pass a judgement on the factors that led to demonetization, rather raises serious concerns regarding the validity of paper currency as a widely accepted form of money. Moreover, through nuanced argument and examples, he demystifies the concept of money and reinstates the faith in gold as a more reliable form of money.

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Are you living the biggest scam called money? Demonetization and after - Mittal, Sachin

Synopsis "Are you living the biggest scam called money? Demonetization and after"

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