So, here we go.

This will pretty much finish-off what is left of the private sector economy in this country.

The underground economy will blossom - for a while.

Cash will be king - for a while.

Then, the government will eliminate cash - for our "own good", of course.

Every transaction will then be electronic - traceable and taxable.

Then, it'll be the barter economy.

This is happening - right now - in India.