Jhootley, this is the real impact
Hundreds died
Businesses collapsed
Lakhs lost Jobs
GDP growth crashed
No effect on Black Money
Amit Shah's Co-operative Bank saw highest deposit of Rs. 750 cr in just 5 days!
#DestructionByDemonetisation
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Jhootley, your allies in Telangana seem to have lots of cash. Wasn't India supposed to go all digital? Cash to GDP ratio is back to the same level as pre-DeMo. Tax collection increase percentage is also the same as before. Accept that DeMo was useless.https://twitter.com/ndtv/status/1060401653893947392?s=09 …
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IMPACT OF DEMONETISATION : Over 7 crores in cash, "bribe for voters", found ahead of Telangana polls.
#DestructionByDemonetisationpic.twitter.com/OuMqz4pWUl - 1 more reply
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Every bit of your argument countered in advance in the Minthttps://www.livemint.com/Politics/uq9SyrATVdQNjDCeas8dnM/Black-hole-of-silence-on-demonetization.html?facet=amp&utm_source=googleamp&utm_medium=referral&utm_campaign=googleamp …
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If every theory of economics worked then there would have never been new theories or any advances. Anyway, theory is only valid in classrooms and there are always unintended consequences. History is littered with such methods needed in a corruption lubricated society like ours
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Good economic theories account for all the consequences. Sadly demonetisation wasn't good in theory on paper and was worse in its implementation.
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But show me one Economic theory that has worked more than 50%
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Our own RBI uses lending rates to control inflation. Works every time.
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Are you for real. You think action on lending rates has worked every time. Clearly you have no idea.
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Amid tussle with government, RBI governor Urjit Patel may resign on Nov 19: Report
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The fact that Govt isn't 'celebrating' 8thNov this yr is a testimony of Failure Of Demonetization Bjp doesn't want people to recall how PM unleashed a horror to legitimise the black money of his friends, pushing India 2crisis.
#DestructionByDemonetisationhttps://twitter.com/priyankac19/status/1060382730536607744 …
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They want you to forget that ₹ 15 lakh for every Indian was promised by Modi. It was exactly five years ago. Those who got ₹150000 lakhs are the ones who looted the banks and then were allowed to scoot from India.
#PublicMoneyLoot#Jumlahttps://twitter.com/nc24x7/status/1060156038203236352 …
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GDP down the drain. 100s dead. Lakhs of SMEs destroyed and jobs lost. 'digital economy' resulted in increase of hackers around. Couldn't find black money. Couldn't curb terrorism. Made a fool even out of your own supporters. Anti-national
@BJP4India much?#DemonetisationDisaster -
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@arunjaitley n Mr@PiyushGoyal my dad was enquiring if#DemonetisationDisaster n#DigitalTransformation would hv really increase cash flow in market then y there r crisis in share market n all -
Modis Operandi in Loot & Scoot
Dilute Lookout Notice & Facilitate Escape #ChowkidaarHiChorHai Next Episode of Loot & Scoot Unfolds Under#SuitBootLootKiSarkar
Sivasankaran, who defrauded IDBI of Rs 600 cr, flees after CBI diluted his LoChttps://www.indiatoday.in/india/story/sivasankaran-who-defrauded-idbi-of-rs-600-cr-flees-after-cbi-diluted-his-loc-1383818-2018-11-07 … -
RBI Admits Loan Frauds Under Chowkidar is 3 Times
Higher than under UPA
Rajan Gave a List of FRAUDS to Chowkidar in Feb 2015
Frauds Shoot Up Sharply
Proving Again
that #ChowkidaarHiChorHai A CronySevak Can't B Chowkidar#SuitBootLootKiSarkarpic.twitter.com/7Xlq6DFMnn
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