So much endless discussion on #Demonetisation and unending pontificating. But has anyone pointed about the real message from that exercise :
IT IS : Fiat money has finite life !
The closest to any money that has near infinite life is atomic Number : 79
IT IS : Fiat money has finite life !
The closest to any money that has near infinite life is atomic Number : 79
A 500 Rupee Note (pre Demonetization) of 2016 November is not same as the one in 1996 November (in terms of value)
The Sensex of 2016 not same as Sensex of 1996.
Even the landmark of yesterday could be part of a highway today.
But Atomic No 79 was/is/will remain same !!!
The Sensex of 2016 not same as Sensex of 1996.
Even the landmark of yesterday could be part of a highway today.
But Atomic No 79 was/is/will remain same !!!
Anyway purpose of this ranting is just to observe that inflation is single most important metric which investors , citizens and voters fail to factor in all their understanding. Once we factor , we will understand how fragile the very important and essential Fiat money is - End
