Indian 1000Rs and 500Rs notes banned from 08-Nov-2016

[Fireurimagination]

I thought the address to the nation is about situation at the LOC

 

[Great Sachin]

ATMs won't work tomorrow and day after tomorrow

some ATM wont work tomorrow

 

[noksss]

He has basically given a massive blow at the root of the issue in one stroke he F*cked the 2 major issue India is facing which no one ever had the guts to do it

1) Fake money to fund terrorism
2) Illegal cash hoarding by Politicians to fund election (Congress is F*cked up for sure)

And i am like

 

[Crixus]

Agreed but ideas are important even Ramdev suggested same during his agetation in Delhi , Dhoval knows better if this guy get 10 years , the country will have far better processes in place .

PV Narsimha Rao is best Congressi Pm after Indira Gandhi

Nope, he might have a better idea or a plan but unless it is executed, it is of no use. Without Modi , even this man is powerless. Modi is the executioner and hence irrespective of who comes up with the idea or plan, the person who shows the will power should get the actual credit. Same was the case with PV Narsimha Rao and Man Mohan singh but unfortunately, the Delhi sultanate and the media associated with it, discredited the great man . Unfortunately no social media at that time but make no mistake , he too was a great PM. If you ask me, these two are the India's greatest PM.

 

[Great Sachin]

Bank will face pressure...even Hospitals...so many new heart attack cases

 

[gslv]

The land mafia is doomed now. Land price will fall precipitously .

 

[Soumitra]

 

[saurav jha]

This is why we RSSsers worship Modi ji

 

[Immortan.Joe]

Not easy, but it can be done. It will be done, of that I am sure. e.g. Multiple smaller transactions of less than 2 lac etc.

Then you are not appreciating boldness of this move.

Many Countries ,have derecognized legal tenders before, but no one has fixed such a sharp time limit on their derecognition. These notes have gone out of circulation in just 4 hours and would become completely worthless (even at bank) on 31st December (or is it 8th as you are typing).

This means that hoarders do not have opportunity of using time tested route of converting black money into white using small transactions over a period of time. Since there is a time limit upto which banks would accept these notes ,people could only convert very small proportion of their black money into white using convention laundering methods, and gold dealers also would not accept these notes as they too need to get rid of them as fast as possible.

It is not derecognition that is bold, but narrow time window for exchange that is bold. There is no way in hell that people would rooms filled of black money in high denomination notes could launder all of their money in such a short period of time without getting caught.

 

[Tridibans]

Modi the man!

Sickulars burning their a$$es off.... LMAO.... watch times now guys

 

[heisenberg]

Scenes at printing press of fake currency notes somewhere in the world.

Saffron Knight rises

 

[PRC]

Agreed but ideas are important even Ramdev suggested same during his agetation in Delhi , Dhoval knows better if this guy get 10 years , the country will have far better processes in place .

PV Narsimha Rao is best Congressi Pm after Indira Gandhi

Indira Gandhi is an enigma. What she did in 1971 is the greatest thing ever done by any PM of India but at the same time the economic policy, emergency and Sikh separatism are some of her sore points that weigh her down. The kind of power and respect she commanded was not replicated ever after her. She could have done lot more. She was much better than her father who did no mistakes but blunders.

 

[Soumitra]

Randeep Singh Surjewala is trying to attack the govt by saying that common man will be affected

 

[nang2]

let me rephrase. What is wrong with people holding such notes? Those notes ain't all black money.

 

[scionoftheindus]

Atleast they will not condem this action publicly ....they will curse Modi .... even Congress cant condem this action



This guy is BJP asset , when even he opens mouth Congress loses 10000 votes

Congress is already condemning it..watch TV channels