India Cash Ban Has “Single-handedly Crushed the Economy”… 1.25 Billion in Crisis

By Contributing Author


This article was written by Michael Krieger and originally published at his Liberty Blitzkrieg site.

Editor’s Comment:“Let me issue and control a nation’s money and I care not who writes the laws.” – Mayer Amschel Rothschild (1744-1812)

It seems that the monetary powers are wrestling with public policy to work out how quickly they can bring millions, or even billions, of people to their knees. A reckoning may soon be coming to other nations as well, and America, too, may see economic devastation at home.

Venezuela’s economic crisis has worn very hard on the people, and the currency very much plays into what socialist President Maduro has called an economic war with the West – with oil prices having kicked off the turmoil.

Now India is imposing strict cash controls for no particular reason, other than to merge bank account data with a billion biometric scans on people who live rural, poor lives. It is creating dire consequences for the middle and lower class economies, and yet it seems that the government has little regard for the pain that it is causing the people it is ruling over. Which country will clamp down next on its population with cash controls that …read more