The Rise of the Shotgun Banknote Switch
In times past the monetary authorities confined these sorts of stringent measures to war-time. Perhaps they should stay that way.
JP Koning
130d ago
Ethiopians are in the midst of a shot-gun banknote switch. They have three months to convert: africa.cgtn.com/2020/09/14/eth…
It's not as extreme is India's poorly-designed 2016 demonetization. (It's more like Kenya's 2019 switch. I wrote about it here: aier.org/article/the-ri…). pic.twitter.com/Opby7hsPbo
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