The conversation between human and AI assistant.
How will the ban of Rs 500 and Rs 1000 notes affect Indian economy?
Do you think this ban will affect inflation in the long run?
It's possible that the ban may bring down inflation rates in the long run, as it reduces the availability of unaccounted cash and therefore curbs demand-driven price hikes. However, the impact on inflation rates will depend on a multitude of other factors as well, such as the overall economic growth, global commodity prices, and government policies.