The conversation between human and AI assistant.
Will scrapping of Rs 500 and 1000 currency note help in curbing black money?
What kind of impact do you think it will have on the common man and the economy?
The scrapping of high-value currency notes is expected to have a short-term impact on the common man and the economy. There may be some inconvenience and disruption in daily transactions, especially for those who rely on cash for their daily needs. However, in the long term, it is expected to bring in more transparency and formalize the Indian economy.