The conversation between human and AI assistant.
Will demonetisation really curb black money?
Do you think there are any drawbacks to demonetisation?
Yes, there can be drawbacks to demonetisation. One of the biggest challenges is the disruption caused to the economy and people's lives, as the sudden withdrawal of cash can lead to shortages, confusion, and even panic. Moreover, demonetisation cannot completely eliminate black money as other forms of unaccounted wealth exist, such as gold, real estate, and foreign currency.