In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche
Interestingly enough, Trump does not have to actually abolish the $20, $50 and $100 bills to double cryptocurrency prices. All he has to do to float the idea, even if Congress kills it the damage will be done.
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This marks a paradigm shift in India’s economy because it is essentially an effort to force Indians to adopt the kind of electronic currency already widely used in the United States and Europe. The bills withdrawn were the largest denomination currencies issued in India.
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