The extent of negativity an individual is associating with #Demonitisation# is directly proportional to one or both the following factors combined:
- The inability to accept Modi as the Prime Minister of India, and
- The mental agony & financial loss borne to 'adjust' the banned Rs. 1,000 & Rs. 500 cash notes lying with the individual
This negative reaction to #Demonitisation is then getting rationalised by highlighting the hardship to the common man or fretting about the long-term negative impact on the economy, and so on.
Here is how to deal with all the noise surrounding #Demonitisation...
- Realize that this is an unprecedented event: Never in the history of mankind, an economy growing at 7% has sucked out 86% of cash available. With due respect to all the qualified & unqualified economists out there, one cannot fathom fully all the positive & negative long-term impact of this event.
- Be aware that there are too many moving parts: One never knows what further actions the Government will announce. Therefore, one's view on the positive/negative impacts can change suddenly.
- Learn from experience - Like always, actual impact will be in shades of grey: Long-term impact will have both positives & negatives for the economy. Only time can tell how far will one outweigh the other.
- Remain focused on YOUR own goals & objectives: Cut out the noise, focus on your own goals.