Thursday, November 24, 2016

Re: [IAC#RG] Two major demonetisation reports today in The Citizen

I think those who oppose demonetization have an axe to grind​. Demonetization has hit those  with black money the hardest, and also terrorists and separatists. There is no stone throwing in Srinagar after demonetization. Just shows- they were throwing stones for money, not because they thought they were oppressed. Otherwise they would still have been throwing stones.And sadly, they were bring paid mostly in counterfeits.
To find reasons to support black economy one needs extremely convoluted reasoning, which is well beyond me.
Jai Hind 
Anand S Gangoli

On Wed, Nov 23, 2016 at 3:32 PM, Seema Mustafa <> wrote:

Renowned economist Prabhat Patnaik, in his latest article on #demonetisation, explains why "demonetization, far from being an attack on the "black economy", would in effect turn out to be an attack on the vulnerable "informal" segment of the "white economy.""

How has the world responded to India's #demonetisation measure?

Seema Mustafa
The Citizen

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