In refusing to accept its failure, the government has sowed the seeds of further damage: by keeping India short of cash; reducing the headroom for responses to seasonal spikes in cash demand; and increasing the chances that groups will panic at temporary cash shortages, says Mihir Sharma.
from Rediff News https://ift.tt/2FySIfD
Sunday, 13 May 2018
Demonetisation was an absurd and dangerous policy
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