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Financial Crisis Forum => Financial Crisis Forum => Topic started by: jofortruth on September 22, 2017, 03:19:04 pm

Title: India beta test for cashless society? India wiped out 86% of its cash overnight
Post by: jofortruth on September 22, 2017, 03:19:04 pm
Brief Video: Financial Hurricane Ahead - YouTube
https://www.youtube.com/watch?v=K56XAs98RQU


Why India wiped out 86% of its cash overnight
http://www.bbc.com/news/world-asia-india-37974423

Quote
India is in the middle of an extraordinary economic experiment.

On 8 November, Prime Minister Narendra Modi gave only four hours' notice that virtually all the cash in the world's seventh-largest economy would be effectively worthless.


50 days of pain: What happened when India trashed its cash
http://money.cnn.com/2017/01/04/news/india/india-cash-crisis-rupee/

After 50 days The Results From India's Demonetization Campaign Are In
https://www.forbes.com/forbes/welcome/?toURL=https://www.forbes.com/sites/wadeshepard/2017/01/03/after-day-50-the-results-from-indias-demonetization-campaign-are-in/&refURL=&referrer=

Quote
At 10 p.m. on November 8th, India’s Prime Minister Narendra Modi announced that on the stroke of midnight all 500 and 1,000 rupee notes — 86% of the currency in circulation — would cease to become legal tender.

Modi’s demonetization maneuver was a “shock doctrine” tactic to dismantle the cash-centric black market, to cleanse the country of counterfeit notes, to further digitize the economy, and to get more of the population onto the formal, taxable economic grid.


Did you hear this in the MSM?
Title: Re: India beta test for cashless society? India wiped out 86% of its cash overnight
Post by: jofortruth on September 22, 2017, 04:06:44 pm
The Globalists Want YOUR Cash - YouTube

https://m.youtube.com/watch?v=lGqgVf7bcxw


More on cashless society. Planned by the globalists
http://forum.prisonplanet.com/index.php?topic=32578.0