Why Black money isn’t always bad & Demonetization isn’t always good?

Black Money isn’t ALWAYS purely bad-Yes, you read it right.

demonetization black money

The key word here is “ALWAYS”.

This is one of the things that most won’t open up for the fear of seeming anti-government and pro-rich. Let me be clear, I’m neither an anarchist nor against the poor.

I’m definitely against black money but it does have its own advantages and demonetization has its own disadvantages.

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Demonetization: Surgical strike or a nuclear bomb ?

 Demonetization is being hailed as a surgical strike on black money.

It seems in fact, a nuclear bomb that affects far too many civilians than the actual culprits and has far lasting negative consequences.

 As economists say, “There are no solutions, only trade-offs”. In that sense let’s look if demonetization is worth the price being paid.

source: giphy
source: giphy

Continue reading “Demonetization: Surgical strike or a nuclear bomb ?”