My son is teaching in India right now and he says that things are a mess over there right now.  Without any warning, the government announced that it was replacing all the 500- and 1000-rupee bills.  Supposedly this was done to fight corruption and bribery, tax evasion and things like that.  All the old bills are being replaced with new ones, but only a limited amount can be exchanged at once and people are standing in line for hours to make those limited exchanges.  For most Indians, theirs is a cash economy, with credit cards not widely accepted like in this country.  It is making it difficult for many people to buy the food they need for their family and other essentials.

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