I'm learning more about The future of Money right now, and in particular
what I'm wondering about is what is the future of money? I was
researching this question online, and this blog post caught my attention because
the title was interesting and also its interesting to read about
something in India cause its a fascination country.
"In an
emergency, richer people might choose between dipping into their savings
and borrowing. The choice for the great mass of the unbanked in the
developing world is limited to whom to borrow from, often at great cost."
The
quote I chose here is basically saying that rich people have options in
using money because they have money on them all the time. But Poor
people don't have that option.
I think this is true
because I saw it in real life. It makes me wonder if the huge gap between
the rich and the poor in south Asian countries will ever end or
lessen.
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