In such supercharged times, in times of uncertainty it is fun to look into a crystal ball stick your neck out & make predictions. So here are my predictions around demonetization
- Current currency shortage is as per design. Its outcome of a plan
- This shortage will disappear the day government feels comfortable to allow currency flow into the system unhindered. This date as of now looks like 1st of January
- Rs 2000 will cease to be a legal tender as early as budget 2017
- Immediate impact of demonetization will be in tune of Rs 5 Lakh Crore of black money being wiped out.
- In the long Rs 500 will be the highest denomination available.