The final goal is speedy global demonetization. India is a test case – a huge one, covering 1.3 billion people. If it works in India, it works throughout the developing world. That’s the evil thought behind it. “Tests” are already running in Europe.
There was no limit set in rupee amounts
that were allowed to be deposited in bank or postal accounts. But exchanges or
withdrawals were limited the first two days to 2,000 rupees, later to 4,000
rupees, with promises to further increases ‘later on’. The restrictions have to
do with limited new bank notes available. The new money is issued in
denominations of 500 and 2,000 rupee-notes.
On 9 November, none of the country’s ATM
machines were functioning. Withdrawing money was possible only from banks.
Queues behind bank counters were endless – lasting hours and in some cases
days. Often times, once at the teller, the bank was out of cash. Imagine the
millions, perhaps billions of labor hours – production time and wages – lost –
lost mostly by the poor.
The banned bank notes constitute about 85%
in value of all cash in circulation. India is a cash society. About 97% of all transactions
are carried out in cash. Only slightly more than half the Indian population has
bank accounts; and only about half of them have been used in the last three
months. Credit or debit cards are extremely scarce – basically limited to the
‘creditworthy’ elite.
In rural areas, where most of the poor
live, banks are scarce or none existent. The poor and poorest of the poor,
again – as usual – are those who suffer most. Hundreds of thousands of them
have lost almost all they have and will be unable to fend for their families,
buying food and medication.
According to most media reports, Modi’s
demonetization was an arbitrary decision. Be sure, there is nothing arbitrary
behind this decision. As reported on 1 January 2017 by German investigative
business journalist, Norbert Haering, in his blog, “Money and More”, this move
was well prepared and financed by Washington through USAID
(http://norberthaering.de/en/home/27-german/news/745-washington-s-role-in-india).
Mr. Modi didn’t even bother presenting the idea to the Parliament for debate.
In November 2010 President Obama declared
with then Prime Minister Manmohan Singh, a Strategic Partnership with India. It
was to become one of his foreign policy priorities which was renewed during
Obama’s visit to India in January 2015 with the current PM Modi. The purpose of
this partnership was not just to pull one of the most populous BRICS countries
out of the Russia-China orbit, but also to use it as a test case for global
demonetization. Mind you, the orders came from way above Obama, from the
omni-potent, but hardly visible Rothschild-Rockefeller – Morgan - et al,
all-domineering bankster cartel.
This horrendous crime that may cost
millions of lives, was the dictate of Washington. A cooperation agreement, also
called an “anti-cash partnership”, between the US development agency (sic),
USAID, with the Indian Ministry of Finance, was worked out. One of their
declared ‘common objectives’ was gradually eliminating the use of cash by
replacing it with digital or virtual money.
It takes two to tango. The PM of the second
largest nation in the world, one would expect, would have a say in the extent
to which a foreign country may interfere in India’s sovereign internal affairs,
i.e. her monetary policies – especially a foreign country that is known to seek
only Full Spectrum Dominance of the globe, its resources and its people. The
head of India, a prominent BRICS country (BRICS = Brazil, Russia, India, China,
South Africa), one would expect, could have sent the naked emperor to climb a
tree – and say NO to this horrendous criminal request. But Modi did not.
Is India with PM Modi still a viable BRICS
country? Or more importantly, India is currently poised to become a member of
the Shanghai Cooperation Organization (SCO). Is India under Modi worthy of
being admitted into this powerful Asian economic and military block, the only
authoritative counterbalance to the west? – At this point, putting hundreds of
millions of his countrymen at peril by obeying Washington’s nefarious dictate,
Modi looks more like a miserable traitor than a partner of the New East.
USAID calls this operation “Catalyst:
Inclusive Cashless Payment Partnership“. Its purpose is “effecting a quantum
leap in cashless payment in India” – and of course, eventually around the
globe. According to the Indian Economic Times, this program had been stealthily
financed by USAID over the past three years. Funding amounts are kept secret.
Who knows, where else in the world Catalyst is quietly funding and preparing
other human financial disasters.
All fits into the Big Scheme of things:
Reducing the world population, so less resources are needed to maintain 7.4
billion people – and growing – many of them finite resources that can be used
by a small elite, supported by a few million slaves. This is the world
according to still ticking war criminal numero UNO, Henry Kissinger. Forcefully
reducing the world population is his one big objective since just after WWII,
when he became a key member of the Rockefeller sponsored Bilderberg Society.
Some of the same people are currently
spreading neo-fascist mantras around the world, at the infamous WEF (World
Economic Forum) in Davos, Switzerland (17-20 January 2017). WEF attendees (by
invitation only) are a mixed bag of elitist ‘private’ billionaires, corporate
CEOs (only corporations registering at least US$ 5 billion in sales),
high-flying politicians, Hollywood’s cream of the crop, and more of the kind.
Pretty much the same definition applies to the Bilderbergers.
Like with the Bilderbergers, the key topics
discussed at the WEF, those themes that are supposed to guide the world further
and faster towards the New (One) World Order, are discussed behind closed doors
and will hardly surface into the mainstream. It is, however, highly likely that
the “Cashless India” decision – a trial for the rest of the world – had
previously been discussed and ‘ratified’ by the WEF, as well as the
Bilderbergers. None of this is known to the common people, and least to the
Indians.
All-out efforts are under way to maintain
highly lucrative disaster capitalism, or at least to slow down its decline –
because its end is in sight. It’s just a question of time. Hence, the term
Catalyst (accelerator) for the USAID program is well chosen. Time is running
out. One of the best ways of controlling populations and unbending politicians
is through financial strangleholds. That’s what a cashless society is all
about.
According to Badal Malick, former Vice
President of India's most important online marketplace Snapdeal, later
appointed as CEO of Catalyst: “Catalyst’s mission is to
solve multiple coordination problems that have blocked the
penetration of digital payments among merchants and low-income consumers. We
look forward to creating a sustainable and replicable model.
(...) While there has been (...) a concerted push for digital payments by
the government, there is still a last mile gap when it comes to merchant
acceptance and coordination issues. We want to bring a holistic ecosystem
approach to these problems.“
This is further supported by Jonathan
Addleton, USAID Mission Director to India: “India is at the forefront
of global efforts to digitize economies and create new economic
opportunities that extend to hard-to-reach populations. Catalyst will support
these efforts by focusing on the challenge of making everyday purchases
cashless."
What an outright heap of bovine manure!
Those who are supporting the Catalyst idea in India – and presumably elsewhere
in the world, are, as per an USAID Beyond-Cash report, more than 35 Indian,
American and international organizations (http://cashlesscatalyst.org/), mostly
IT and payment service providers, including the Better Than Cash Alliance, the
Gates Foundation (Microsoft), Omidyar Network (eBay), the Dell Foundation Mastercard,
Visa, Metlife Foundation. All of them want to make money from digital payments
– another transfer from the poor to the rich – another catalyst for widening
the rich-poor gab – worldwide.
Interestingly, the USAID – Indian
partnership to temporarily banning most cash coincides with Raghuram Rajan as
President of the Reserve Bank of India (September 2013 - September 2016). Mr.
Rajan has also been chief economist of the International Monetary Fund, and
there is talk that he may be poised as Mme. Lagard’s successor at the helm of
the IMF. It is clear that the IMF, and by association the World Bank, is fully
aboard with this project to transform western society into slavehood of digital
money – with emphasis on wester society, because the East, the Russia-China-Iran-SCO
axis, where the future lays, has already largely detached itself from the
dollar based western – and fraudulent – monetary scheme.
Mr. Raghuram Rajan is an influential but also highly controversial figure. He
is also a member of the so-called Group of Thirty, “a rather shady
organization, where high ranking representatives of the world’s major
commercial financial institutions share their thoughts and plans with the
presidents of the most important central banks, behind closed doors and with no
minutes taken. It becomes increasingly clear that the Group of Thirty is one of
the major coordination centers of the worldwide war on cash. Its membership
includes other key warriors like Rogoff, Larry Summers and others” (N.Häring,
1.1.2017). On the other hand, Rajan is extremely disliked by the Indian
business society, mostly because of his tight monetary policy as head of the
Indian Central Bank (go figure!). Under pressure, he did not renew his term as
India’s central bank governor in 2016.
The Group of Thirty sounds akin to the highly secretive Board of Directors of
the infamous Basle-based BIS (Bank for International Settlement), also
considered the central bank of all central banks, which meets once a month in
secret (during a weekend for lesser visibility) and no minutes taken. The BIS
is a Rothschild controlled private bank, close associate of the FED, also
privately owned. It is clear, with the FED, BIS and IMF in connivance, the dice
are cast for a cashless (western) society.
Washington’s interest in a cashless society goes far beyond the business
interests of IT, credit card and other financial institutions. More importantly
is the surveillance power that goes with digital payments. As with electronic
communications today – every one of them read, listened to and spied on
throughout the world - some 7 to 10 billion electronic messages per day – every
digital payment and transfer will be controlled and checked worldwide by the
Masters of the dollar-based hegemony. Every transfer will be registered and
monitored by an American-Zionist control mechanism. This is the only way
(totally illegal) sanctions can be dished out to governments that refuse the
dictate of Washington and its western European lackeys. Cases in point are
Russia, China, Iran, Cuba, Venezuela, Syria --- the list is endless. The
Frankfurter Allgemeine Zeitung (FAZ) recently reported that Employees of a
German manufacturing firm doing completely legal business with Iran were put on
a US terror list, which meant that they were shut off most of the financial
system and even some logistics companies would not transport their furniture
any more.
Norbert Häring concludes, “Every internationally active bank can be blackmailed
by the US government into following their orders, since revoking their license
to do business in the US or in dollars, basically amounts to shutting them
down. Deutsche Bank had to negotiate [in September 2016] with the US treasury
for months whether they would have to pay a fine of 14 billion dollars and most
likely go broke, or get away with seven billion and survive. If you
have the power to bankrupt the largest banks even of large countries, you have
power over their governments, too. This power through dominance over the
financial system and the associated data is already there. The less cash there
is in use, the more extensive and secure it is, as the use of cash is a major
avenue for evading this power.”
Back to India. It is not difficult to imagine what the implications of such a
massive demonetization operation might have in a country like India, where
hundreds of millions live in or near poverty, with a large rural population,
where almost all transactions are carried out in cash - and where cash is
everything for survival. This is death by financial strangulation.
No blood, No traces – no media coverage. It
is a clandestine willful mass-murder, carried out by the Indian government on
its own people, while instigated by the chief assassins, operating from within
the Washington Beltway killer farms, no scruples, no morals, no ethics – what
Washington knows best to achieve its purpose.
This no-holds-barred strategy is accelerating, as time runs out. The ship is
slowly but surely turning towards another dimension, another world view – one
of in which humanity may gain back its status of a solidary being. These
atrocities around the globe may go some ways – but I doubt they will go all the
way. There is a spiritual limit on how far evil can go.
Peter Koenig is an economist and geopolitical analyst. He is also a former World Bank staff and worked extensively around the world in the fields of environment and water resources. He lectures at universities in the US, Europe and South America. He is the author of Implosion – An Economic Thriller about War, Environmental Destruction and Corporate Greed – fiction based on facts and on 30 years of World Bank experience around the globe. He is also a co-author of The World Order and Revolution! - Essays from the Resistance.
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