Loading ...Cashless is an ASSAULT on Constitutional freedom of Association , and Pursuit of Happiness.
Its Economically STUPID and a Main cause of the collapse of velocity of Money. The very definition of Depression .
He’s getting BAD ADVICE ! .TOO many academics giving leaders bad advice based on some theory they read in a book written by someone that never ran a business that made a profit. Its whole premise has NOTHING to do with economics ,but with slavery ! How to impoverish people so that they will become dependent on Government handouts from their Masters ! DEMOCRATS ALL ! SLAVE MASTERS to the core ! Every slave Master in the Pre CIVIL WAR SOUTH was a DEMOCRAT ! Unless India changes its ill conceived cashless policy it will be ruined .The temptation of greater TAX revenue is LIE ,its got nothing to do with additional TAXES ,its all about Control ! Taxes will rise from greater economic activity ,not less. What they are doing is about the Growth of Government. What they are doing is trying to get POOR people to pay TAXES ..how stupid is that ! Why not try giving them opportunity to go into business ! Give them a GRANT if they start a business !