Fin Tales Ep 006: Alasdair Macleod - Bonfire of the Rupees
On Fin Tales this morning, ten days after $300 billion dollars worth of cash in India was declared worthless by Prime Minister, Narendra Modi, we spoke to to Alasdair Macleod, Head of Research at GoldMoney, about the implications of this extraordinary event both for India, and for the world. We covered the event itself, what caused the announcement, what may lie behind the announcement as regards the global banking system, and what the consequences may be as regards crypto-currencies, the gold market in India, and the potential eventual emergence of a gold-backed Yuan via the Shanghai Cooperation Organisation, which India is set to join in 2017, in conjunction with China, Russia, and Pakistan, along with several other central Asian nations. Main site: http://finlingo.com/ Subscribe on iTunes: https://geo.itunes.apple.com/us/podcast/fin-tales/id1160283839 Recorded: 18th of November, 2016 Music by Scott Holmes http://freemusicarchive.org/music/Scott_Holmes/ https://www.facebook.com/ScottHolmesMusic/
On Fin Tales this morning, ten days after $300 billion dollars worth of cash in India was declared worthless by Prime Minister, Narendra Modi, we spoke to to Alasdair Macleod, Head of Research at GoldMoney, about the implications of this extraordinary event both for India, and for the world. We covered the event itself, what caused the announcement, what may lie behind the announcement as regards the global banking system, and what the consequences may be as regards crypto-currencies, the gold market in India, and the potential eventual emergence of a gold-backed Yuan via the Shanghai Cooperation Organisation, which India is set to join in 2017, in conjunction with China, Russia, and Pakistan, along with several other central Asian nations. Main site: http://finlingo.com/ Subscribe on iTunes: https://geo.itunes.apple.com/us/podcast/fin-tales/id1160283839 Recorded: 18th of November, 2016 Music by Scott Holmes http://freemusicarchive.org/music/Scott_Holmes/ https://www.facebook.com/ScottHolmesMusic/