The conversation between human and AI assistant.
What do you think of the decision by the Indian Government to demonetize 500 and 1000 rupee notes?
Has this decision affected the economy in any way?
There were short-term effects, such as inconvenience to people who suddenly had currency notes that were no longer legal tender. However, the long-term effects remain to be seen. Some economists believe it may have affected growth negatively, while others argue that demonetization may lead to a more formal economy.