The conversation between human and AI assistant.
What will be the impact of banning Rs. 500, Rs. 1000 notes on Indian economy and Businesses?
And what about the inflation?
The move to ban Rs. 500, Rs. 1000 notes is expected to have a mixed impact on inflation. On one hand, it can lead to a short-term rise in inflation because of the reduction in the money supply. On the other hand, it can also lead to a long-term reduction in inflation because of the reduction in black money.