Rather than attacking the messenger and correlating it with the anecdotal evidence from the people you know, try to look at this objectively. - The white-colla

Rather than attacking the messenger and correlating it with the anecdotal evidence from the people you know, try to look at this objectively. - The white-collar middle class of course is lauding this move. Most of them (us) use digital money, are educated, want to see the corruption eradicated etc. - BUT, the majority of the population is poor, working class, not education enough. India is still a cash-based economy. Poor people have all their savings in either cash or gold. Women in India still hide money from their husbands. - Business - Real Estate, Transport, what have you, is still done in cash. Soon, the truckers who get paid in these denominations will stop getting paid, and stop bringing in food to the cities. What then? - A kid has already died because the private hospital refused to accept the currency. - There is talk going on about a possible Bank Run. - Most importantly, I firmly believe this was a political move to cripple his opponents in the upcoming elections in the heartland states of India. He's lost the last few state elections despite going to rallies himself. This is him tightening his grip on the power. - Now we know why Mr. Raghuram Rajan left the RBI and has gone back to U Chicago. - Edit: Oh yeah, the new note only contain one non-English script, devnagari. The language and culture wars that took 2 decades to resolve will begin anew. The privileged HN readers here who are like "I'll just order from Amazon" live in such a bubble that it's hilarious. This is the most brazen and irresponsible move that this govt has ever done. It's a draconian ruling that in the name of progress, is going to (already has) ruin the lives of the poor people of this country who have nothing to do with the daily corruption. The middle class will hail Mr. Modi as a visionary, drinking his kool-aid, click Purchase and go about its business. To call this a "temporary hiccup" is callous and frankly, disgusting.