Financial analyst Christopher Ram says while there is justification for a higher denomination, a $2,000 note would have been a better idea and he also cautioned that with the imminent arrival of the $5,000 bill its inflationary potential is real although not certain.
The new $5,000 bills are slated to go into circulation on December 9th and though some sections of society such as the city chamber are welcoming this development others have expressed mixed feelings.
Calls for the introduction of the $5,000 bill, much larger than the current $1,000 bill, go back several years, and the