Just read this. This sounds crazy, wouldn't this destabilize their entire economy ? Haven't other countries already implemented this in the past and have failed ? I can't see why an economist in the right mind would take this step.
Yes, even the great Amartya Sen, a Noble Laureate from India in economy has greatly critisized this move by stating, "To achieve something good, sometimes bad things happen before good, but it doesnt necessarily mean that all bad things are for the greater good."
Amartya Sen is a communist stooge, who got the Nobel prize purely due to political considerations. According to the opinion polls conducted by independent agencies, anywhere from 80% to 90% of the Indian population supports the demonetization drive.