Socio-Economics History Blog

Socio-Economics & History Commentary

Dollar Collapse Or Gold Standard? | Rob Kirby

  • Published on Mar 19, 2017
    The leader of India withdrew the most popular bank notes from India, and many industry insiders believe the motive was to stifle Indian gold demand since much of the gold trade in India is conducted in cash. But the plan backfired: Indian gold demand has gone through the roof!


    Rob Kirby from Kirby Analytics explains why what has just occurred in India is another blow for globalism. Brexit and Trump’s election have also been huge setbacks for globalism. Even though the anti-EU candidate lost in Holland’s elections Wednesday, Kirby thinks globalism is dying. Also in this interview:

    – Paul Ryan, “You’re Fired!” – Why it could happen
    – Will the Dollar go back to the gold standard?
    – The effects of the Dollar losing its world reserve currency status
    – U.S. debt ceiling hit at $19.9 trillion, default coming?
    – Both Republicans and Democrats want to stop Trump’s agenda
    – America doesn’t have the gold reserves it claims to have
    – How would gold investors benefit from a return to a gold standard?
    – Can the U.S. government stop Bitcoin by shutting down the Internet?
    – Will Glass-Steagall be reinstated?

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March 20, 2017 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , , , | Leave a comment

Media Blackout As Two Government Pedophile Rings Busted

http://www.express.co.uk/posts/view/370439/Jimmy-Savile-was-part-of-satanic-ring

Click on image for article.

  • Media Blackout As Two Government Pedophile Rings Busted
    by Sean Adl-Tabatabai, http://yournewswire.com/
    Two high-level government pedophile rings were recently busted amid a total media blackout by the mainstream press.

    As western media outlets continue to attempt to debunk and discredit any notion that elite pedophile rings could exist, new reports suggest that high-level government pedophilia not only exists – but it has become the norm.

    In the North Bengal region of India, a child welfare officer has become the seventh person to be arrested by the State’s Criminal Investigative Department (CID) for operating a child-trafficking ring. According to The Hindu, “The CID had unearthed the child trafficking racket during raids at homes and nursing homes in Baduria area of North 24 Parganas district, in Behala in the southern fringes of Kolkata and some other parts of south Bengal in November last year.”

    Activistpost.com reports:
    Abortion clinics in the area were convincing mothers to give birth to their children in exchange for money ranging between $1,400 and $4,500 USD. Other birthing centers told mothers their children were stillborn, when they weren’t, allowing the clinic to steal the babies for sale on the black market. The children were transported in bread baskets to nursing homes in the area where they would remain until they were sold into servitude, as sex slaves, or brothels.

    “It is a huge network of NGOs, nursing homes, doctors and middlemen dealing in illegal adoption and baby trafficking that the police have busted. Our men are now building on the huge leads they have already got in this case,” Rajesh Kumar, CID’s Additional Director General told the press. Additionally, investigators believe foreigners were buying the children. Currency from other countries was found at the same time the children were discovered. Several corpses and skeletons of infants were also unearthed in the raided businesses.

    Child trafficking is on the rise in the U.S. In 2006, a woman living in North Carolina, Mercedes Farquharson, fled the country when it was discovered she’d been using two young girls as house slaves, forced to farm the land, and do all the household chores, along with cooking and cleaning. In 2009, she was arrested in Bulgaria, where she’d fled to escape justice.

    read more.

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March 20, 2017 Posted by | GeoPolitics, Social Trends | , , , , , , , , , , , , | Leave a comment

Globalists Fail Again, Populism Rising | Rob Kirby

  • Published on Mar 16, 2017
    The leader of India withdrew the most popular bank notes from India, and many industry insiders believe the motive was to stifle Indian gold demand since much of the gold trade in India is conducted in cash. But the plan backfired: Indian gold demand has gone through the roof!


    Rob Kirby from Kirby Analytics explains why what has just occurred in India is another blow for globalism. Brexit and Trump’s election have also been huge setbacks for globalism. Even though the anti-EU candidate lost in Holland’s elections Wednesday, Kirby thinks globalism is dying. Also in this interview:

    – Paul Ryan, “You’re Fired!” – Why it could happen
    – Will the Dollar go back to the gold standard?
    – The effects of the Dollar losing its world reserve currency status
    – U.S. debt ceiling hit at $19.9 trillion, default coming?
    – Both Republicans and Democrats want to stop Trump’s agenda
    – America doesn’t have the gold reserves it claims to have
    – How would gold investors benefit from a return to a gold standard?
    – Can the U.S. government stop Bitcoin by shutting down the Internet?
    – Will Glass-Steagall be reinstated?

end

March 17, 2017 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , , , , | Leave a comment

Indian Economy Collapses As ‘Demonetization’ Crushes Small Business

Source: WorldEconomics.com

Source: WorldEconomics.com

  • Indian Economy Collapses As ‘Demonetization’ Crushes Small Business
    by Tyler Durden, http://www.zerohedge.com
    The Sales Managers Index (SMI) is one of the earliest monthly indicators of Indian economic activity. February’s data shows the catastrophic after-effects of the December demonetization policy which was intended to crack down on corruption and ‘black money’. The February Headline SMI has fallen to an index level of 60.2 in unadjusted terms, the lowest level in over 3 years.

    Managers are reporting a big drop in monthly sales for both the consumer and industrial sectors, with small to medium size businesses that predominantly deal with cash transactions, being hardest hit.

    read more.
http://norberthaering.de/en/home/27-german/news/745-washington-s-role-in-india#weiterlesen

Click on image for article.

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March 4, 2017 Posted by | Economics | , , , , | Leave a comment

India Kicks Out Bill & Melinda Gates Foundation

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February 20, 2017 Posted by | GeoPolitics, Medicine & Health, Social Trends | , , , , , , , , , , , | Leave a comment

Bill Gates BUSTED; India THROWS Out Foundation, Sues Gates For Dangerous Vaccines

http://pharmabiz.com/NewsDetails.aspx?aid=68352&sid=1

Click on image for article.

http://www.dnaindia.com/india/report-cancer-vaccine-programme-suspended-after-4-girls-die-1368681

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February 20, 2017 Posted by | Medicine & Health, Social Trends | , , , , , , , , , , , | Leave a comment

EU Bureaucrats Escalate the War on Cash: Will Precious Metals Be in the Crosshairs?

http://www.ft.com/intl/cms/s/0/159b17ca-47f3-11e5-b3b2-1672f710807b.html

Click on image for article. Needs subscription.

  • EU Bureaucrats Escalate the War on Cash: Will Precious Metals Be in the Crosshairs?
    by https://www.moneymetals.com/
    The global war on cash rolls on. The cabal of bankers seeking more transaction fees, busybody political leaders, and central bankers who want to experiment with negative interest rates recently threw India into turmoil by eliminating the two largest denomination bank notes.

    Now they are preparing a similar assault on Europeans’ ability to transact privately and without giving bankers a cut. European Union officials just published a “Proposal for an EU Initiative on Restriction on Payments in Cash.”

    Predictably, the restrictions are being sold to citizens as a means of fighting terrorism – much like a host of other privacy and liberty-destroying power grabs in recent decades. This despite a telling admission contained in the proposal: “There remains the lack of readily available and solid evidence on legitimate versus illegitimate cash transactions.” Ban the use of cash first, ask questions later.

    Officials may, however, come to regret the timing of their proposal. Many European citizens will have trouble reconciling why leaders are willing to clamp down severely on cash, but not on the flood of refugees pouring in from the Middle East. Can they really be serious about terrorism?

    read more.
http://ec.europa.eu/smart-regulation/roadmaps/docs/plan_2016_028_cash_restrictions_en.pdf

Click on image to goto document.

https://www.weforum.org/agenda/2017/01/the-us-should-get-rid-of-cash-and-become-a-digital-economy-says-this-nobel-laureate-economist

‘666’ rapidly approaching! Click on image for article.

http://theantimedia.org/cash-europe-moves-elimination-paper-money/

Click on image for article.

http://news.xinhuanet.com/english/2016-01/20/c_135029001.htm

Click on image for article.

http://www.armstrongeconomics.com/archives/30862

Click on image for article.

http://www.bloomberg.com/news/articles/2016-05-02/inside-the-secret-meeting-where-wall-street-tested-digital-cash

Click on image for article.

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February 18, 2017 Posted by | Economics, EndTimes, GeoPolitics | , , , , , , , , , , , , | Leave a comment

Jim Willie: The Gold Standard Is Emerging!

Remember the Golden Rule: "He who has the gold Rules!"

Remember the Golden Rule: “He who has the gold Rules!”

  • Jim Willie: The Gold Standard Is Emerging!
    by http://www.silverdoctors.com/
    Summary
    The Chinese Are Putting in Place a Link Between Oil and Gold.   The Petro-Dollar has almost completely vanished. The Gold Standard is Emerging…

    By Hat Trick Letter Editor Jim Willie, GoldenJackass:
    The Gold Trade Note is gradually coming into view, its form within structured contracts is taking shape as components. the Petro-Dollar has almost completely vanished. The Petro-Yuan is essentially here in its infancy, in rudimentary form. the leap to the Gold Trade Note will be easy, once the pieces are aligned and in place. This new note for usage in secure trade settlement is in the inception process. It will be structured within existing trading vehicles and platforms.

    The Russians and Chinese appear to be forming the basis for the payment vehicle within the oil trade. Consider it as a formal reflection of the Iran-India gold for oil trade.

    Bilateral Oil for RMB Sale + Shanghai Gold Exchange = Gold Trade Note

    This triangle is precisely what China and Russia are doing now.
    Russian oil & gas is being sold for Chinese Yuan, and then Yuan is traded for Gold at the Shanghai Gold Exchange. The trade is not complex at all. Oil for RMB for Gold, creating a transaction payment in gold terms. The part unclear is posted margin to confirm and seal the transaction. The immediate implication is that the Chinese RMB will have a quasi-gold link. The original model used might have been the Iranian oil sales to India, with payment completed using Turkish gold. Such gold for oil trade appears to have been commonly executed from 2006 to 2010, and likely beyond that date.


    The Jackass has been expecting that the Gold Trade Note would be structured in a clever way, using swap contracts in major global commerce. It might be taking form in the triangle cited as the working template. Oil is the biggest commercial trade item. Soon comes the RMB-based contract for crude oil, traded in Shanghai. It will surely cause big waves, a major disruptive event.

    NEW SCHEISS DOLLAR & GOLD TRADE STANDARD
    In time, expect an eventual refusal by Eastern producing nations to accept USTreasury Bills in payment for trade. The United States Govt cannot continue on numerous glaring fronts of gross negligence and major violations. These violations have prompted the BRICS & Alliance nations to hasten their development of diverse non-USD platforms toward the goal of displacing the USDollar while at the same time to take steps toward the return of the Gold Standard.


    The New Scheiss Dollar will arrive in order to assure continued import supply to the USEconomy. It will be given a 30% devaluation out of the gate, then many more devaluations of similar variety. The New Dollar will fail all foreign and Eastern scrutiny. The USGovt will be forced to react to USTBill rejection at the ports.

    The US must accommodate with the New Scheiss Dollar in order to assure import supply, and to alleviate the many stalemates to come. The United States finds itself on the slippery slope that leads to the Third World, a Jackass forecast that has been presented since Lehman fell (better described as killed by JPM and GSax). The only apparent alternative is for the United States Govt to lease a large amount of gold bullion (like 10,000 tons) from China in order to properly launch a gold-backed currency. Doing so would open the gates for a generation of commercial colonization, but actual progress in returning capitalism to the United States.


    Any new currency, even with gold backing, would be subjected to a series of devaluations due to the enormous trade deficit. The result would be heavy powerful painful price inflation from the import front. The effect would be to reverse a generation of exported inflation by the United States. The entire USEconomy would go into a downward spiral with higher prices, supply shortages, and social disorder.

    However, the rising prices would come from the currency crisis, and not so much from the hyper monetary inflation. That flood of $trillions has been effectively firewalled off. During the crisis that comes, the gold price will find its true proper value between $5000 and $10,000 per ounce.

    Then later, it goes higher, as it seeks equilibrium in a new world where gold serves as the global arbiter in trade and banking and currencies.

    read more.

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February 18, 2017 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , , , , , , , , , , | Leave a comment

South Korea is the Newest Country Seeking to Eliminate Cash And Wants to Do So by 2020

https://www.bloomberg.com/view/articles/2016-09-01/want-a-free-market-abolish-cash

Click on image for article.

  • South Korea is the Newest Country Seeking to Eliminate Cash And Wants to Do So by 2020
    by http://www.thedailyeconomist.com/
    First it was Sweden, who’s people are so intoxicated by technology that it was not very difficult to get them to give up their cash to run on an entirely electronic financial system.  Then in November India decided to jump on the Cashless Society bandwagon, only unlike their counterparts living in the Northern part of Europe, their citizens are the exact opposite and do not trust their government or banking system to take away physical cash from the economy.

    Thus when it comes to creating a world without physical money it is on par with how half the world is content to be as sheep and follow the globalists desire to control every aspect of their spending, saving, and investing, while the other half is infused with the frequency of Populism, and realize that without the ability to control your own money in a physical form, then nearly all freedoms are permanently lost to the whims of elected and un-elected officials.

    As we are now well into the first quarter of 2017, and living in the aftermath of Brexit and the election of Donald Trump, the battle is on for the establishment to hold onto the status quo, while at the same time fighting a populist movement that seeks to tear down their power base built upon a foundation of debt, credit, and privately owned central banks.  And at the fore are two more major economies push strongly towards a cashless monetary system.

    And those two entities are the European Union, and South Korea.

    read more.
http://www.armstrongeconomics.com/archives/30862

Click on image for article.

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February 17, 2017 Posted by | Economics, GeoPolitics | , , , , , , , , , , , , | Leave a comment

William Engdahl: Washington’s Dangerous War On Cash — What It’s Really About

  • Washington’s Dangerous War On Cash: What It’s Really About
    by http://www.gunsandbutter.org/
    * India withdraws 86% of the value of all currency in circulation;
    * USAID; Project Catalyst;
    * Global Innovation Exchange;
    * Better Than Cash Alliance;
    * Bill and Melinda Gates Foundation;
    * UNICEF; UN Development Program;
    * Mitre Corporation;
    * the Foreign Account Tax Compliance Act (FACTA);
    * Organization for Economic Cooperation and Development (OECD);
    * the larger global agenda of total control;
    * ECB set up to favor Germany;
    * Trade Czar Peter Navarro;
    * US currency war aimed at destroying the Euro;
    * US planned destruction of the Eurozone;
    * glyphosate;
    * fascism of EU bureaucracy in Brussels;
    * assassination of Chairman of Deutsche Bank, Alfred Herrhausen;
    * US emerging as the biggest tax haven in the world.
http://norberthaering.de/en/home/27-german/news/745-washington-s-role-in-india#weiterlesen

Click on image for article.

https://www.weforum.org/agenda/2017/01/the-us-should-get-rid-of-cash-and-become-a-digital-economy-says-this-nobel-laureate-economist

‘666’ rapidly approaching! Click on image for article.

http://www.infowars.com/federal-reserve-manufactures-greater-recession/

Click on image for article.

http://www.thenewamerican.com/tech/item/18619-establishment-pushing-cashless-society-to-control-humanity

Click on image for article.

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February 16, 2017 Posted by | Economics, EndTimes, GeoPolitics | , , , , , , , , , , , , , , , , , | Leave a comment

Why the World Needs to Watch the India-Pakistan Nuclear Standoff

india-pakistan-war

  • “In contrast, attacks against Indian targets that originate in Pakistan have clear escalatory potential. They typically occur after New Delhi makes overtures to improve relations with Pakistan. Prime Minister Narendra Modi has made three such overtures. … Attacks on Indian military camps or consulates in Afghanistan followed after each of these overtures.” – Quote
  • Pakistan and India are/were part of the British empire. They are still owned/controlled by the Satanic bloodlines via western Illuminist intelligence agencies. Even, their own intelligence agencies: India RAW and Pakistan ISI are subservient to the CIA and MI6, IMO.
  • The reason why there is no peace between Pakistan and India, is because this is what the western Illuminati wants. It is all part of the Satanic WW3 plan to lay the foundation for the coming of the Anti-Christ. Whenever peace threatens to break out, western Illuminist intelligence agencies will go into action and foment terrorism, attacks … war. Emphasis mine:
  • Why the World Needs to Watch the India-Pakistan Nuclear Standoff
    by Michael KREPON, http://www.strategic-culture.org/
    Nuclear dangers are growing in five different regions. The least noticed is South Asia. New Delhi has not been able to figure out how to deal with militant groups that enjoy safe havens in Pakistan. So far, India’s options have been to do nothing after attacks or execute war plans that invite mushroom clouds. A third option, which involves commando raids, may now be coming into view.


    During seven decades of strained relations, Indian war planning has been downsized from fighting major conflicts to fighting limited conventional wars. Comparatively speaking, moving from limited conventional war to commando raids is a step in the right direction. But this progression offers little consolation when the potential for escalation is ever present, and when nuclear weapons serve as a backdrop to every military encounter.

    India’s classic war plan against Pakistan centered on large-scale, time-consuming mobilizations along two main fighting corridors. This plan didn’t help India after the “Twin Peaks” crisis, sparked by a brazen attack on the Indian parliament in 2001. India carried out a massive mobilization, but Pakistan’s army deployed faster after a delayed start, which made the prospect of a full-scale conventional war under the shadow of nuclear weapons a poor choice for New Delhi.

    War plans don’t go away; they evolve. India’s army then pivoted to plans for quick strikes and shallow advances along many possible avenues of attack. Rawalpindi countered by embracing nuclear weapons tailored for various kinds of battlefield use. The Indian Army’s so-called “Cold Start” doctrine remains on the books, even though implementation is problematic due to long-standing disconnects in civil-military relations, joint-military operations and military procurement. More importantly, a limited conventional war, no matter how carefully planned, may not stay limited. India’s civilian leaders have yet to endorse the army’s plans, and didn’t employ them after the 2008 Mumbai attacks.

    Since then, Pakistan has been more victimized by acts of terror than India. But because the perpetrators are overwhelmingly homegrown—and since they have refrained from attacking Indian targets—their carnage does not prompt war scares on the subcontinent.

    In contrast, attacks against Indian targets that originate in Pakistan have clear escalatory potential. They typically occur after New Delhi makes overtures to improve relations with Pakistan. Prime Minister Narendra Modi has made three such overtures. He invited Prime Minister Nawaz Sharif to attend his inauguration in May 2014, he agreed in July 2015 to resume a composite dialogue on all outstanding issues, and he made an unannounced visit to Lahore bearing birthday and wedding gifts for Nawaz Sharif and his family on Christmas Day 2015.

    Attacks on Indian military camps or consulates in Afghanistan followed after each of these overtures. After the attack on the Indian military outpost at Uri last September, Modi dispensed with diplomacy and adopted a very hard line. The announcement of “surgical strikes” across the Kashmir divide followed, and were reinforced by pointed references to Pakistan’s jugular—stirring up greater disaffection in Baluchistan and revisiting the Indus Waters Treaty.

    Relations between India and Pakistan are now stuck in a bad place and have poor prospects of improvement in the near term. Bilateral diplomacy is limping along, the Kashmir Valley is seething due to ham-fisted governance and a lockdown by Indian security forces, and artillery fire can again be heard across the Kashmir divide.

    read more.
http://www.henrymakow.com/ghandis_role_in_the_illuminati.html

Click on image for article.

http://www.telegraph.co.uk/news/2016/10/04/india-builds-underground-bunkers-on-kashmir-frontier-as-border-c/

Click on image for article.

http://sputniknews.com/asia/20160724/1043540049/india-pakistan-nawaz-modi-kashmir.html

Click on image for article.

http://www.foxnews.com/world/2013/01/22/indian-police-warn-kashmir-residents-possible-nuclear-attack-advise-bomb/

The Illuminati is fomenting a nuclear war between India and Pakistan over Kashmir. Click on image to goto article.

http://www.independent.co.uk/news/world/asia/indian-police-warn-kashmiris-to-prepare-for-nuclear-war-8462251.html

The Illuminati is fomenting a nuclear war between India and Pakistan over Kashmir. Click on image to goto article.

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February 3, 2017 Posted by | GeoPolitics | , , , , , , , , , , , , | Leave a comment

The Sinister Agenda Behind the Washington’s War On Cash

https://www.biblegateway.com/passage/?search=Revelation+13%3A16-18&version=NKJV

  • The Sinister Agenda Behind the Washington War On Cash 
    by F. William Engdahl, http://www.williamengdahl.com/index.php
    It’s kinda sneaking up on us like an East Texas copperhead pit viper. It began to get some wide attention in 2016, with prominent economists and financial media suddenly talking about the wonderful benefits of a “cashless society.” Then the government of Narenda Modi completely surprised his citizens by suddenly announcing withdrawal of larger denomination currency notes from circulation, forcing Indians to put their cash into banks or lose it. Now, everywhere we turn, it seems, someone is arguing the Nirvana benefits of a cashless, “digital” money world. It reminds me in an eerie way of a statement attributed to then US Secretary of State, Henry Kissinger in the 1970’s. He reportedly stated, “If you control oil, you control entire nations; if you control food, you control the people; if you control money, you control the entire world.” Consider the following in this regard.

    Modi and a USAID ‘Catalyst’
    On November 8, 2016 in a surprise televised address, Indian Prime Minister Narenda Modi announced that, within a deadline of days, all Indian currency notes of 500 and 1,000 Rupees must be put in a bank account and exchanged for smaller denomination notes. At today’s exchange rate 1,000 Rs is roughly equal to $15. This would perhaps be equivalent to the US Treasury outlawing all cash notes larger than a $10 bill.


    Overnight, Modi’s government de facto outlawed an estimated 86 percent of all cash in circulation by value. People had 50 days to hand in the notes or they become worthless. Yet the government, despite stating it would issue new, more secure 500Rs and 1000Rs bills, had nowhere near the equivalent value of new notes ready for replacement. They say it may take up to a year to print enough, which means confiscation, de facto. Faked opinion polls with slanted questions done only via smart phone apps of which only 17% of the population has access, claimed that “90% of Indians approve” the demonetization.

    Yet it’s far worse. India is an underdeveloped country, the largest in the world in population terms with more than 1.3 billion people. By demanding Indians turn in all 500Rs and 1,000Rs bills to banks, Modi is forcing major change in how Indians control their money in a country high on the corruption scale where few trust government let alone private banks, and prefer to deal strictly in cash or hoard gold for value. Nearly half the population, some 600 million Indians, do not hold a bank account and half of those, some 300 million Indians, lack a government identification, necessary to open an account.

    When he presented his shock announcement, Modi pitched it in terms of going after India’s black economy. Soon he shifted gears and was praising the benefits of a “cash-less society” to enable Indians to enter the digital age, appealing to younger Indians, savvy in smart phones and digital networks, to convince the older of the benefits of online banking and consuming. The drastic demonetization declaration was planned by Modi and five other inner-circle ministers in complete secrecy. Not even the banks were told before. The question is what is behind, or rather who is behind this drastic form of monetary shock therapy?

    Beyond Cash
    The answer is as sinister as it is suggestive of a larger global agenda by what I call in one of my books the Wall Street “Gods of Money.” The Modi cash-less India operation is a project of the US National Security Council, US State Department and Office of the President administered through its US Agency for International Development(USAID) . Little surprise, then, that the US State Department spokesman, Mark Toner in a December 1, 2016 press briefing praised the Modi demonetization move stating, “…this was, we believe, an important and necessary step to crack down on illegal actions…a necessary one to address the corruption.”

    Keep in mind that USAID today has little to do with aiding poorer countries. By law it must follow the foreign policy agenda of the President’s National Security Council and State Department. It’s widely known as a conduit for CIA money to execute their dirty agendas abroad in places such as Georgia. Notably, the present head of the USAID, Gayle Smith, came to head USAID from her post as Senior Director at the US National Security Council.

    German economist and blogger, Norbert Haering, in an extensive, well-documented investigation into the background of the bizarre Modi move to a cash-less India, found not only USAID as the key financial source of the project. He also uncovered a snake-pit of organizational vipers being funded by USAID to design and implement the India shock therapy.

    USAID negotiated a co-operation with the Modi Indian Ministry of Finance. In October, 2016 in a press release USAID announced it had created and funded something it named Project Catalyst. The title of their report was, “Catalyst: Inclusive Cashless Payment Partnership.” Its stated goal it said was to bring about a “quantum leap” in cashless payment in India.

    read more.
http://norberthaering.de/en/home/27-german/news/745-washington-s-role-in-india#weiterlesen

Click on image for article.

http://www.armstrongeconomics.com/archives/30862

Click on image for article.

http://www.bloomberg.com/news/articles/2016-05-02/inside-the-secret-meeting-where-wall-street-tested-digital-cash

Click on image for article.

http://english.pravda.ru/news/business/19-05-2015/130638-cash-0/

Click on image for article.

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January 24, 2017 Posted by | Economics, EndTimes, GeoPolitics, Social Trends | , , , , , , , , , | Comments Off on The Sinister Agenda Behind the Washington’s War On Cash

Red Alert: Davos Elites Call For a Ban on Physical Cash… in the US! ‘666’ Approaching Rapidly!

https://www.weforum.org/agenda/2017/01/the-us-should-get-rid-of-cash-and-become-a-digital-economy-says-this-nobel-laureate-economist

‘666’ rapidly approaching! Click on image for article.

  • Davos Elites Call For a Ban on Physical Cash… in the US
    by Phoenix Capital…, http://www.zerohedge.com/
    Roughly two weeks ago, when writing about the cash ban in India, I stated:
    – 
    If you think the Elites aren’t watching this unfold with sheer delight you’re mistaken. Globally a war on cash has been declared. And India has now proved that it can be done with little consequence. The fact it INCREASE tax hauls (something every Government on the planet wants) is just icing on the cake.
    http://www.zerohedge.com/news/2017-01-05/elites-dream-cash-ban-now-closer-ever

    Fast forward to this week at the Davos Economic Forum in Davos Switzerland, and Nobel Prize winning economist Joseph Stiglitz all but said the exact same thing.

    Indian Prime Minister Narendra Modi has already removed 86% of his country’s currency from circulation in an attempt to curb tax evasion, tackle corruption and shut down the shadow economy.

    Should the US follow suit?

    Joseph Stiglitz, Nobel Prize-winning economist, thinks so. Phasing out currency and moving towards a digital economy would
    , over the long term, have “benefits that outweigh the cost,” the Columbia University professor said on day one of the World Economic Forum’s Annual Meeting in Davos…

    “I believe very strongly that countries like the United States could and should move to a digital currency,” he said,
    “so that you would have the ability to trace this kind of corruption. There are important issues of privacy, cyber-security, but it would certainly have big advantages.”
    https://www.weforum.org/agenda/2017/01/the-us-should-get-rid-of-cash-and-become-a-digital-economy-says-this-nobel-laureate-economist

    Again… the War on Cash is not slowing down. India effectively removed 86% of the physical cash in circulation and no one was forced to resign. Put simply, India signaled to the global elites that you can implement a near complete ban on physical cash, and there are no real consequences as far as political aspirations.

    We believe that the Elites will be pushing for this policy to hit the US. If you think this is impossible consider that Stiglitz openly called for the US to ban cash in the article above. Indeed, we’ve uncovered a secret document outlining how the Fed plans to ban physical cash and incinerate savings in the coming months.

    read more.
WEF 2016

WEF 2016

Carroll_Quigley_Tragedy_n_Hope2

http://english.pravda.ru/news/business/19-05-2015/130638-cash-0/

Click on image for article.

http://www.armstrongeconomics.com/archives/30862

Click on image for article.

http://www.bloomberg.com/news/articles/2016-05-02/inside-the-secret-meeting-where-wall-street-tested-digital-cash

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January 18, 2017 Posted by | Economics, EndTimes, GeoPolitics | , , , , , , , , , , , , | Comments Off on Red Alert: Davos Elites Call For a Ban on Physical Cash… in the US! ‘666’ Approaching Rapidly!

Ushering In a Totalitarian Police State in Cashless “Smart Cities”

world_war_on_cash

  • Ushering In a Totalitarian Police State in Cashless “Smart Cities”
    by From Scandinavia to Amsterdam to India and elsewhere, the trend of going “cashless” is gaining traction.

    We have been covering the shortcomings of what is rightly called the War On Cash here at TDV for a while now and have shown just how negative the effects can be on an unsuspecting nation’s people.

    Chandigarh, India, which is the capital of the northern Indian states of Punjab and Haryana, is like one of India’s labrats. Indian officials are working hard toward making it into India’s first cashless city. This initiative is part of the Prime Minister of India’s call for state governments to begin developing what he’s calling “smart” cities. That means cities attached to the latest internet technology. However there is nothing intelligent about his plan.

    One of the major changes being made to work toward that objective was the insistence of having all bills paid electronically at government offices within the city.

    Similarly, in Panjim, the capital of Goa, India, the local government is attempting to incentivize the locals into paying digitally by offering them discounts on train tickets and other public transportation services if they pay electronically.

    This is an extension of the ongoing cash battle which has been going on in India since November when Modi announced he was going to replace the 500 and 1000 rupee banknotes. However the government has not started replacements, only ensured the removal.

    What followed the eradication of India’s largest denomination notes was a constricted Indian economy, particularly among the middle and lower classes who rely predominantly on cash transactions to conduct daily business.
http://www.infowars.com/top-libertarian-warns-of-martial-law-cashless-society-2/

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http://www.infowars.com/financial-times-calls-for-abolishing-cash/

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http://www.infowars.com/federal-reserve-manufactures-greater-recession/

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http://english.pravda.ru/news/business/19-05-2015/130638-cash-0/

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http://news.xinhuanet.com/english/2016-01/20/c_135029001.htm

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January 16, 2017 Posted by | Economics, EndTimes, GeoPolitics, Social Trends | , , , , , , , | Comments Off on Ushering In a Totalitarian Police State in Cashless “Smart Cities”

A Well-Kept Open Secret: Washington is Behind India’s Brutal Experiment of Abolishing Most Cash

world_war_on_cash

https://www.biblegateway.com/passage/?search=Revelation+13%3A16-18&version=NKJV

  • As mentioned before: Modi-India is under orders from the Synagogue of Satan to abolish cash to prepare the way for the microchipping of the sheeple with RFID ‘666’.
  • A Well-Kept Open Secret: Washington is Behind India’s Brutal Experiment of Abolishing Most Cash 
    by http://norberthaering.de/en/home
    In early November, without warning, the Indian government declared the two largest denomination bills invalid, abolishing over 80 percent of circulating cash by value. Amidst all the commotion and outrage this caused, nobody seems to have taken note of the decisive role that Washington played in this. That is surprising, as Washington’s role has been disguised only very superficially.

    US-President Barack Obama has declared the strategic partnership with India a priority of his foreign policy. China needs to be reined in. In the context of this partnership, the US government’s development agency USAID has negotiated cooperation agreements with the Indian ministry of finance. One of these has the declared goal to push back the use of cash in favor of digital payments in India and globally.

    On November 8, Indian prime minster Narendra Modi announced that the two largest denominations of banknotes could not be used for payments any more with almost immediate effect. Owners could only recoup their value by putting them into a bank account before the short grace period expired at year end, which many people and businesses did not manage to do, due to long lines in front of banks. The amount of cash that banks were allowed to pay out to individual customers was severely restricted. Almost half of Indians have no bank account and many do not even have a bank nearby. The economy is largely cash based. Thus, a severe shortage of cash ensued. Those who suffered the most were the poorest and most vulnerable. They had additional difficulty earning their meager living in the informal sector or paying for essential goods and services like food, medicine or hospitals. Chaos and fraud reigned well into December.

    Four weeks earlier
    Not even four weeks before this assault on Indians, USAID had announced the establishment of „Catalyst: Inclusive Cashless Payment Partnership“, with the goal of effecting a quantum leap in cashless payment in India. The press statement of October 14 says that Catalyst “marks the next phase of partnership between USAID and Ministry of Finance to facilitate universal financial inclusion”. The statement does not show up in the list of press statements on the website of USAID (anymore?). Not even filtering statements with the word “India” would bring it up. To find it, you seem to have to know it exists, or stumble upon it in a web search. Indeed, this and other statements, which seemed rather boring before, have become a lot more interesting and revealing after November 8.

    Reading the statements with hindsight it becomes obvious, that Catalyst and the partnership of USAID and the Indian Ministry of Finance, from which Catalyst originated, are little more than fronts which were used to be able to prepare the assault on all Indians using cash without arousing undue suspicion. Even the name Catalyst sounds a lot more ominous, once you know what happened on November 9.
    ….

    It turned out in November that the declared “holistic ecosystem approach” to create this impulse consisted in destroying the cash-ecosystem for a limited time and to slowly dry it up later, by limiting the availability of cash from banks for individual customers. 

    “The goal is to take one city and increase the digital payments 10x in six to 12 months,” said Malick less than four weeks before most cash was abolished in the whole of India. To not be limited in their preparation on one city alone, the Beyond-Cash-report and Catalyst kept talking about a range of regions they were examining, ostensibly in order to later decide which was the best city or region for the field experiment. Only in November did it became clear that the whole of India should be the guinea-pig-region for a global drive to end the reliance on cash. Reading a statement of
    Ambassador Jonathan Addleton, USAID Mission Director to India, with hindsight, it becomes clear that he
    stealthily announced that, when he said four weeks earlier:

    read more.
http://www.infowars.com/top-libertarian-warns-of-martial-law-cashless-society-2/

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http://www.bloombergview.com/articles/2016-01-31/bring-on-the-cashless-future

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http://www.infowars.com/federal-reserve-manufactures-greater-recession/

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January 4, 2017 Posted by | Economics, EndTimes, GeoPolitics | , , , , , , , , , , , , | Comments Off on A Well-Kept Open Secret: Washington is Behind India’s Brutal Experiment of Abolishing Most Cash