The people with black money will never again use the rupee as a storage medium. They will convert it into gold or US dollars or euros or <insert fungible thing>

The people with black money will never again use the rupee as a storage medium. They will convert it into gold or US dollars or euros or <insert fungible thing>. It might lead to a "dollarization" of the black economy. It seems to me, in my opinion, that all this is Modi and the BJP posturing before their base. They are "doing something".