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Jayant Bhandari – The Day Fiat Currency Became Worthless While Gold Was A Safe Haven

Jayant Bhandari of Anarcho Capital joins us again on SBTV as we revisit how the Indian rupee was demonetized on short notice from the government and the event's continuing repercussions on Indian citizens and the economy.

Discussed in this interview:

02:44 Preserving wealth is a herculean task in India

04:55 Indians trust gold, not the rupee

07:54 Decline of India - a 'low-trust' society

10:28 Re-look at the 2016 demonetization of the Indian rupee

11:57 Counterfeit notes were also converted to new banknotes

20:39 Never trust governments

24:40 The war on cash

26:10 A great need to hold wealth in gold and silver

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Jayant Bhandari
Jayant Bhandari grew up in India. He advises institutional investors on investing in the junior mining industry. He writes on political, economic and cultural issues for several publications. He is a contributing editor of the Liberty magazine. He runs a yearly seminar in Vancouver titled Capitalism & Morality.
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