> They could have planned the implementation in stages so that the transition could be done smoother. Is that really true though? Seems like the whole point of

> They could have planned the implementation in stages so that the transition could be done smoother. Is that really true though? Seems like the whole point of this was to surprise the market and force people into the banking system on short notice so then you can tax them. But if you give people notice, then they have a chance to come up with alternative cash-like arrangements in advance so that when you take away their notes, they just switch to a different 'black money'-like asset. Not saying this couldn't have been planned out better, but if you follow the logic then the 'big bang' change is inherent to what they're trying to do.