In India, just a few weeks before I left (the exact day when Trump got selected), the Government demonetized the 500 Rs and 1000 Rs notes in order to fight the black money in the country. The effects of it both politically and economically are still being felt. The cab driver who was dropping me home from the airport (during my short trip to my hometown) was all for it. He was all praise for the Prime Minister to take such a bold decision. Whether it is a good thing or a bad thing, in the long run, is a moot point for people who are bothered only about the short term solution for the lack of currency and how to go about their daily transactions. I am all for it, considering so much black money has been brought to light. But the execution could have been handled a little bit better. The corrupt bank and political people are making it a lot hard for people too. It is going to take a while for everyone to go cashless especially in a huge country like India where daily vendors still deal with a lot of cash. Let us hope that this is a step towards the right direction for the betterment of the country and these hurdles that are thrown in the way are managed effectively and efficiently.
Post for this week’s Stream of Consciousness Saturday prompt.
Your Friday prompt for Stream of Consciousness Saturday is: “moot.” Use it as the theme of your post or just use the word in a stream of consciousness post about something else. Enjoy!
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It’s terrible what your government has done to the people, KG.
Leslie
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The common man seems to be OK with it, even though they are suffering. The politicians are irate. It’s difficult to figure out how things are going to pan out.
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Keep us posted KG. I trust what I hear from you.
Leslie
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