Just trigger the panic button by stating that your old Rs 500
and Rs 1000 currency is no longer a valid legal tender, and
Voila!!! People are queuing up since morning to deposit their
hard earned money.
What for? To curb the menace of black money? By bringing in
new Rs. 2000 note?You don’t curb black money by bringing in notes of higherdenomination. In fact, you are now simplifying hoarding ofblack money by bringing in new notes of higher denomination.Ok. So what would banks do with the fresh infusion of moneyfrom public pockets? Lend of course. That’s what theirbusiness is. And to whom would these banks then lend theirmoney to?You? Me?Indeed, very sweet of you.You are in the deposit queue dear.Those in withdrawal queues are these privileged or shall I saychosen ones: (Note: the figures in bracket are their presentrepayable amount which they owe to various banks)10. GVK Reddy (GVK Group) (33933 Crores)9. Venugopal Dhoot (Videocon Group) (45405 Crores)8. L. Madhusoodan Rao (Lanco Group) (47102 Crores)7. G M Rao (GMR Group) (47976 Crores)6. Sajjan Jindal (JSW Group) (58171 Crores)5. Manoj Gour (Jaypee Group) (75163 Crores)4. Goutam Adani (Adani Group) (96031 Crores)3. Shashi Ruia & Ravi Ruia (Essar Group) (1,01000 Crores orRs 1.01 trillion)2. Anil Aggarwal (The Vedanta Group) (1,03000 Crores or 1.03trillion)And finally1. Anil Ambani (Reliance Group)(125000 Crores or Rs 1.25trillion)The government just carried out a surgical strike on yourpockets, and now you are running like chickens. That’s howcrony capitalism works.Now call me whatever you like- Marxist, Communist,Anarchist, Congi agent, conspiracy theorist blah blah blah!#Masterstroke
and Rs 1000 currency is no longer a valid legal tender, and
Voila!!! People are queuing up since morning to deposit their
hard earned money.
What for? To curb the menace of black money? By bringing in
new Rs. 2000 note?You don’t curb black money by bringing in notes of higherdenomination. In fact, you are now simplifying hoarding ofblack money by bringing in new notes of higher denomination.Ok. So what would banks do with the fresh infusion of moneyfrom public pockets? Lend of course. That’s what theirbusiness is. And to whom would these banks then lend theirmoney to?You? Me?Indeed, very sweet of you.You are in the deposit queue dear.Those in withdrawal queues are these privileged or shall I saychosen ones: (Note: the figures in bracket are their presentrepayable amount which they owe to various banks)10. GVK Reddy (GVK Group) (33933 Crores)9. Venugopal Dhoot (Videocon Group) (45405 Crores)8. L. Madhusoodan Rao (Lanco Group) (47102 Crores)7. G M Rao (GMR Group) (47976 Crores)6. Sajjan Jindal (JSW Group) (58171 Crores)5. Manoj Gour (Jaypee Group) (75163 Crores)4. Goutam Adani (Adani Group) (96031 Crores)3. Shashi Ruia & Ravi Ruia (Essar Group) (1,01000 Crores orRs 1.01 trillion)2. Anil Aggarwal (The Vedanta Group) (1,03000 Crores or 1.03trillion)And finally1. Anil Ambani (Reliance Group)(125000 Crores or Rs 1.25trillion)The government just carried out a surgical strike on yourpockets, and now you are running like chickens. That’s howcrony capitalism works.Now call me whatever you like- Marxist, Communist,Anarchist, Congi agent, conspiracy theorist blah blah blah!#Masterstroke
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