I am not sure how that will work out if the denomination itself has been declare... | Hacker News

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		shubhamjain on Nov 8, 2016 \| parent \| context \| favorite \| on: India's demonetisation of Rs. 500 and Rs. 1000 not... I am not sure how that will work out if the denomination itself has been declared illegitimate. Why would anyone accept 'black money' of any kind if he can't spend it elsewhere?

billy8988 on Nov 8, 2016 [–]

If you are in the low income bracket or a farmer, you can accept the money and deposit in the bank without any ramifications. All this will happen before the deadline.

hesarenu on Nov 8, 2016 | [–]

hmm so the blank money hoarders would buy flats from low income bracket and framers?

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