This is what I had written about demonetization back in 2011 when the not-so-good idea was broached by Baba Ramdev –

From all the stuff I read in the news, looks like the chaos I had anticipated was pretty accurate. I guess in the coming months, we will get to see if all the inconvenience was worth it and if the government was able to put a lid on the black transactions at least to a certain extent.

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