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Amartya Lahiri on Fostering Economic Growth

Ideas of India

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I'm Going After Rich Folks Athe

There is this notion that somehow people who are and this comes, i think, from people having consumed too many movies from the fifties and sixties. So it's only the very low level businessman who is carrying around big quantities of casha. The cash component gets switched into asets non cash assets very, very quickly. And so there was never much counterfeiting to begin with in the first place. That was kind of like a red herring rid s,. you knows, also, this drift, like mission drift, it starts out with black money, it ends up with digitization.

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