On the money— Global


How come some nations’ banks glided through the global banking crisis unscathed? Do we even need money? But what if it’s forged? Three writers deposit their accounts.

Banking, Currency, Global Banking Crisis

01: Bank of the Taliban


Convincing a change-strapped Delhi shopkeeper to accept a 500 rupee (€7) note can be challenging at the best of times, but Subcontinental retailers now have another reason to refuse large notes. High-quality fakes are appearing in the country and recent reports suggest their manufacture is thought to have fallen into the hands of ex-military types and the Taliban. While the Reserve Bank of India claims that only four in every million notes are fakes, it is the quality and the provenance of the fakes that’s worrying.…


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