On the evening of the 8th of November, at 8:00 pm I was lolling by the seaside, enjoying ‘After Eight Mints’. In an hour’s time a helicopter flew over and showered down 500 and 1000 Rupee notes. Several other idlers at the coast rushed to join me in the collection of these notes. Thrilled with myself I sprinted back home (last did so as far back as 1978) with my ‘helicopter drop’ and I barged into the house gasping and showing off my Black Booty. My family with white, pale faces directed my glances to the TV where, to my horror, I saw my Black Booty was demonetised. Today 16th Nov on the death anniversary of Milton Friedman I have realised that the helicopter drop which he visualised as resulting in the revival of a long stationary-community, has in fact plunged us into a state of depression. After this week that’s gone by, I hear the term ‘cashless economy’ being debated and I admonish: Its Moneyless Economy people! Respect the ghost of Friedman! I am left questioning in another Nobel Laureate’s (Bob Dylan) style:
How many queues must a man stand in
Before he can cope with the ban?
The answer my friend, is blowing in the wind
The answer is blowing in the wind!