The conversation between human and AI assistant.
Will the decision to demonetize 500 and 1000 rupee notes help to curb black money?
Do you think the Indian government's implementation of demonetization was successful?
It is too early to say for certain. While demonetization did cause some short-term disruption to the economy, it did result in a significant increase in digital transactions and could help to reduce black money holdings in the long term. However, there were also reports of people finding ways to bypass the system and convert their black money into white, which suggests that some illegal activities continued despite demonetization.