Tuesday, November 09, 2010

Uneconomical Worship

I heard tearing or burning or for that matter any action resulting in making a currency note unusable affects the country's economy. But my love for computer subject since class nine deprived me of studying economics and thus understanding that fact or any other issue related to business and economy.

However I at least understand that a country cannot print as much money as it likes, it has to go by its gold deposit. I have no idea where the gold has to be deposited and how much money Bhutan can print. But every note we destroy counts down the national money. Every single note is expect to go around, hand to hand, buying things, making profit, ...and being useful and therefore one note destroyed means the end to its long useful journey.
Kids envying the floating money!

Even as an educated adult I can't quite comprehend it wisely let alone the illiterates and kids. The picture shows a beautiful pond with a statue of Khandrom pouring water into the pond from her Bumpa. And what is shocking is that the pond was filling up with money that day I visited. I could see lots of Nu.20 and Nu.10 notes aging at the bottom of the pond, soon to be joined by hundreds of fresh notes floating on the surface. I nearly jumped to collect the money, seriously it was lot of money being destroyed if not rescued soon. There should be a signboard: "This is not wish fulfilling pond, please don't throw your money."

1 comment:

  1. As I heard, If a note is destroyed its lost forever until the serial number of that money is regained. therefore, I wonder why the Royal Monetary Authority is not concerned when people destroys money note carelessly. It is something very important because economy is very important without which we cant do.

    ReplyDelete

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