https://webcache.googleusercontent.com/search?q=cache:1xf7GBcSCjMJ:https://www.ft.com/content/7dbe0e14-8d8a-11e7-a352-e46f43c5825d+ https://webcache.googleuserc

https://webcache.googleusercontent.com/search?q=cache:1xf7GBcSCjMJ:https://www.ft.com/content/7dbe0e14-8d8a-11e7-a352-e46f43c5825d+ https://webcache.googleusercontent.com/search?q=cache:1xf7GB... utterly terrible idea. I was in india in Dec/Jan and the amount of chaos resulting from demonetisation was immense. The outcome was obvious - noone was ever going to let a high value bank note become obsolete. Worst case is you sell it for close to face value and some poor person stands in line for 6 hours to be able to deposit it. It really speaks to the masochistic nature of the indian people that despite the whole exercise being pointless and stupid, they still supported Modi here because his heart was in the right place. Sorry but when people were literally dying as a result of the chaos, having good intentions does not cut it.