Imagine if Theresa came on live TV at three o’clock this afternoon to say that, from seven o’clock this evening, all five and ten pound notes will be banned and cease to have any value as free currency.
There would be mayhem.
Now imagine if such an action was taken in a country with a population twenty times that of the UK, with an economy that is almost entirely cash-based – with virtually no card or internet transactions.
Well that is what happened in India in 2016. I was there just a few days after the announcement. I wrote a “Postcard from India” for LDV, which said:
…we arrived just a couple days after a major monetary change by the government. To wrong-foot terrorists and criminals, there has been a monumentally huge exercise called “demonetisation”, going on across this, the second most populous nation in the world. All the old 500 and 1000 rupee notes have been withdrawn from circulation at two hours’ notice. Continue reading
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In yesterday’s Sunday Times (£) there was a report of an interview with Dominic Raab, Secretary of State for Exiting the European Union. The interview was conducted by Tim Shipman and the report was entitled:
Dominic Raab: I saw off bully Slobodan Milosevic. Michel Barnier needs a softer touch
Now, I should preface this post with the proviso that The Times has form in regard to inaccurate précis via headline. It could be that the Sunday Times has now been infected with that dodgy headline disease.
In defence of Boris Johnson’s remarks about the wearing of the burqa and the niqab, his supporters have replied: “You need to read the full article to see the context”. I have now read Johnson’s full article. That is ten minutes of my life I won’t get back. It is remarkable that he gets paid a King’s ransom for such tosh. More galling, he has been doing it (certainly up to 26th July, three weeks after he resigned from the government) at our expense from 1 Carlton Gardens.
David Yelland, who was Editor of the Sun from 1998 to 2003, has tweeted:
Shrouded amidst a rather generalised and vaguely creepy paeon of praise to Denmark, cloaked in criticism of their Burqa ban, was some very nasty and unnecessary verbiage. I quote here his whole passage with the particularly egregious words in bold, so that I can’t be accused of quoting Johnson out of context: