I've been writing a lot about metal theft being driven by world metal prices. In India, this crime wave has officially jumped the shark. Indian coins are being smuggled across Bangladesh's border to be melted down to make razor blades. A one rupee coin's actual worth is 35 rupees because up to 6 razor blades can be made from the one coin. It's gotten so bad in one border town, that local shops have resorted to using rupees made of cardboard because of the scarcity of coins. The metal in money is now worth more than the money. Amazing.
via GeekPress
if australia would make coins out of specs of red dust, i'd be a chock-a-block multi billionaire
ReplyDeleteRanzige:
ReplyDeleteNo doubt. Makes you wonder what is really going on with the metal around the world. Mines run dry? Developing economies running faster than manufacturing supplies? What's up with that?