Why hasn't some form of emergent promissary note mechanism appeared to create liquidity here? Low trust I guess.http://www.hindustantimes.com/editorials/who-will-compensate-farmers-for-crop-losses-due-to-demonetisation/story-Wqsf6XswvPnUh7HJ8UxvvK.html …
are people doing it at least in a small scale with people they trust? Handwritten iou's with date and signature or thumbprint?
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already happening as informal credit, but IOUs are not easily transferable outside trust clique. so limits of scale and amount.
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