Has anyone looked into the possibility of #demonetisation being used as a decoy for a bank bailout ?. The timing, haste and total lack of planning makes it look like they had to get the banks recapitalized within the shortest possible time or else risk a systematic failure.
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On Wed, Nov 23, 2016 at 5:02 AM, Seema Mustafa <seemamustafa@gmail.com> 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.""--
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