The conversation between human and AI assistant.
How does banning 500 & 1000 rupee notes solve black money problem?
That makes sense, but won't it also affect people who have legitimately earned their money through businesses or other means?
Yes, it may inconvenience people for a short while as they switch to alternate modes of payment, but the government has provided guidelines for exchanging or depositing the old notes, and banks have also been instructed to provide assistance to customers. In the long run, it will benefit everyone by reducing corruption and improving the economy.