Sunday, July 19, 2009

Moneybags anyone????

RBI has decided to introduce 10 rupee coins soon. Industry has welcomed the decision saying that once this happens consumers will shell out 10 rupee coins without hesitation.( All in the mind....coins seem insignificant right?)
It happenened so when 5 rupee coins were introduced.People did not think twice before shelling out a extra five rupees for their purchases!

Smart thinking people I must say! But then what next?

Can we expect 20...50 ....100 rupee coins? Just imagine how it would be then? Paper money is just a modern invention.It took years for it to come to the form it has.Earlier ages ago, people were carrying metal money....gold coins, silver coins,broze coins...etc etc....I wonder will we soon be carrying moneybags?
Metal money to paper money...and now back to metal money.Interesting thought this is...

No comments: