The conversation between human and AI assistant.
Is scrapping old 500 and 1000 rupees notes and releasing new 500 and 2000 rupees notes a permanent solution for eradication of black money?
Why do you say it's not a permanent solution?
While demonetization did temporarily disrupt the flow of black money in the economy, it did not completely eradicate the problem. Black money can still be generated through cash transactions and other means, and it can also be stored in non-cash assets like gold and real estate.