Going cashless or recapitalizing banks

Here is how the #demonetisation is a forced, public funded bailout of banks

As soon as the demonetisation of Rs.500 and Rs.1000 notes was announced, I had said that it was a forced and public funded “bailout” of banks. This article examines news reports from the last year and explains how I arrived at the conclusion.

Here is how the #demonetisation is a forced, public funded bailout of banks Read More »