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A comment on Modi’s Cash Crackdown Failed, Indian Bank Data Shows. Parent comment
Since then reality has only conspired to be itself, thus my assessments have been shown to be right.
And furthermore - my argument is gentle with people who support demonitization.
A full argument would be harsh and unforgiving.
The opportunity cost of Demonitization?
The actual execution cost of the whole exercise?
the HARM to the economy?
All that time standing in line? That was time people would have been working and generating tax revenue across the country.
That money to create 2000 RS notes which didn't fit ATM trays? The MANY technicians and over time which had to be paid to get everything working?
The country was brought to a standstill. IF the previous govt had done something like that we would have lynched them (and rightfully so)
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Since then reality has only conspired to be itself, thus my assessments have been shown to be right.
And furthermore - my argument is gentle with people who support demonitization.
A full argument would be harsh and unforgiving.
The opportunity cost of Demonitization?
The actual execution cost of the whole exercise?
the HARM to the economy?
All that time standing in line? That was time people would have been working and generating tax revenue across the country.
That money to create 2000 RS notes which didn't fit ATM trays? The MANY technicians and over time which had to be paid to get everything working?
The country was brought to a standstill. IF the previous govt had done something like that we would have lynched them (and rightfully so)