In this interview with Brian Leni of Junior Stock Review, I discuss India’s currency ban and the damage caused by the sudden removal of the 500 and 1,000 rupee notes from circulation.

We discuss the suffering caused by demonetization, the effects on ordinary Indians and small businesses, the rise in corruption and tax raids, the growing risks posed by capital controls and gold restrictions, and why India’s currency crisis reflects far deeper cultural, institutional, and political problems.

Read the archived interview at Junior Stock Review via the Wayback Machine →