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Discuss: India’s 1991 Gold Airlift, Flexible Inflation Targeting, and the 2016 Demonetization

Forgotten Fortunes Editorial · Article Discussion

Read the original research: India’s 1991 Gold Airlift, Flexible Inflation Targeting, and the 2016 Demonetization

Story overview: India pledged gold during its 1991 payments crisis, later adopted an inflation-targeting framework and withdrew high-value banknotes in 2016. The policies had very different aims and results.

Discussion question: How did monetary choices affect the people and institutions involved?

Have a different interpretation? Share the evidence and explain why.

Editorial discussion starter, not an independent member endorsement.


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