Proper repeated demonetization only a first step in corrupt+fake-currency emfubar

It is NOT like montek which has incremental advantage suggestions over now and undesirable views on unannounced things. Proper Demonetization begins with what it seeks to accomplice in conjunction with required other realistic measures. The goal of this war on corruption/black-money is to make it impossible for the enemy to keep the ill-gotten wealth. Corruption collects and black-market sustains the contaminated money. Money has to be invested, which is why the pickings from currency demonization is small. Forced transparent valuation is a very effective tool, but currency demonization is essential towards attack on corrupt and fake collection.

Aaqgs-demonetization starts with a january start, say 6, announcement that all notes bigger than 50 will not be legal tender starting next year. All the subsequent notes will have a prominent year in letters and braille. They will always be legal tender only for that year. Government will issue nots valid for next year starting july 1. People have till end of year to get new ones. High denomination notes would have chips embedded for encrypted auto recognition by machine to fuck fake currency makers without mercy. Every note must have a number and its several exponent on it, the problem of finding exponent is known to be impossible. The machine check some subset in parallel, never all to make machines proof against easy pilfer.

All property and owner records are computerized. Not only real estate but gold, paintings in fact any value bearing commodity. The map is between aaqg-aadhaar and property description handle. Computerized emfubar is now possible since the computer output is just a suspicion revealed in nondeterministic manner to human agents. The agents are assumed to be corrupt (public, not private see relevant aaqgs-recognized dilemma) hence must prove self to be uncorrupted. Non-determinism and routine statistical mal-cases keep the corruption in inspectors low or nonexistent.

The last most important point is “not sci fi” any more. A determined government got aadhaar, with my improvements can hit corruption. Above will truly emfubar the corrupt.