The conversation between human and AI assistant.
How will banning of notes affect the huge amounts of black money is Swiss banks and tax havens?
What do you think are some of the potential consequences of cracking down on black money in Swiss banks and tax havens?
There could be both positive and negative consequences. On the positive side, cracking down on black money could lead to increased tax revenues and more resources being available for important public services. On the negative side, it could potentially lead to a decrease in investment in certain sectors and harm economic growth. Additionally, it could potentially lead to a loss of trust in the banking system, which could have broader economic implications.