Vincent Tie

Posted by Vincent Tie on 12 Jun 2019

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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