> The only people who were hurt were the average people This is exactly what my experience and observation have been too! Even the upper middle class folks ha

> The only people who were hurt were the average people This is exactly what my experience and observation have been too! Even the upper middle class folks had the work around ready and at times recommended to them by their bank managers. I work in Bangalore (South) but I am from UP (North) and one thing, in both the regions, I learned from traders and rich people regarding demonetisation that it was not more than a minor or major (in many cases when too much black money was involved) annoyance for them. PS. I am from the region that borders Nepal. A lot of money was moved to Nepal during that period as demonetisation apparently didn't apply to INR in circulation in Nepal (INR is quite common there).