Global War Against Cash
On 8 November 2016, the Government of India declared the two largest denomination bills invalid, abolishing over 80 percent of circulating cash by value. The government claimed that the action would curtail 'black money' and counterfeit cash to fund illegal activity and terrorism.
The demonetisation drive had cost India 1.5m jobs but failed to uncover 'black money'. It was a massive failure. 99% of the 'invalid currency' was returned to the country's bank in subsequent weeks.
According to the former Reserve Bank of India (RBI) governor Raghuram Rajan, the demonetisation and the Goods and Services Tax (GST) had held back the economic growth of the country.
Why did this happen? Who's behind this. It is a well-kept secret that Washington was behind India's demonetisation. The US is waging a global war against cash.
References
A Well-Kept Open Secret: Washington Is Behind India’s Brutal Demonetization Project
PREVIOUS POSTS
Right and Wrong: Religiously, Politically, Economically, and Socially.
Leave Global War Against Cash to:
Best Posts From Truthtellerhere
We have not curated any of truthtellerhere's posts yet. But you can encourage our curation team to review posts by visiting them regularly and by referring other readers. Because we give priority to frequently read content.
More Posts From Truthtellerhere
- Indian Republic Day and Empty Chairs
- Things I wish I'd known before marriage
- Words are symbols of ideas. Build a better vocabulary
- Don't feel insecure, otherwise... he'll bomb you
- Example of lawlessness of animals
- Latest racial attack and charge of cannibalism
- Bhutan
- Global War Against Cash
- Seoul Peace Prize 2018 for Modi
- Bomb in Church premise , Manipur, India