Demonetisation has happened multiple times in the past, over the last 2000 years in China, Italy, France and Spain, for example. Every time, there was massive destruction of value. What people call a complete system reset – a new world order. This is a very dangerous thing to happen. So be sure, there are some good things that will come, but at the same time some very bad things are set in motion. The adage that “old is gold” holds. So the best thing to do is not get fazed by media and popular opinions, but look for carpet being pulled out from under your feet – be cautious. I will try to quantify and qualify my thoughts as we go further.
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