Indians have far too much trust on the state (well Modi, to be precise) - that's precisely why old-notes are quickly falling off of circulation. There appears t

Indians have far too much trust on the state (well Modi, to be precise) - that's precisely why old-notes are quickly falling off of circulation. There appears to be plenty more possibly draconian measures in the pipeline. See, https://www.youtube.com/watch?v=429jrPupdDY https://www.youtube.com/watch?v=429jrPupdDY P.S: Nigeria's per-capita income is higher than India in nominal terms (so is Africa's as a whole).