The conversation between human and AI assistant.
How demonetization help tackling black money and corruption?
That makes sense. Are there any downsides to demonetization?
Yes, there are several potential risks associated with demonetization. For example, there could be a significant disruption to the cash economy, which could cause chaos and unrest. Additionally, high denomination notes can be easily exchanged for smaller notes or other assets like gold, which can create incentives for criminals to stockpile such notes.