Posted on 01/02/2017 7:10:24 PM PST by oblomov
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.
weiterlesen
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 governments 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. 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.
(Excerpt) Read more at norberthaering.de ...
We've come a long way.
Clearly a test run for what the global elites want to do to save global markets, that is, destroy wealth by declaring that entire currencies no longer exist. By doing so, they will also force out the huge amount of debts countries hold against other countries. Then the One World Order will establish their own tightly-controlled currency which will allow them to control who can buy and sell just as the Bible foretold.
That is against US tax law.
Taxes are actually owed on a quarterly basis in the US, as any business owner would know.
Employers are required to withhold from every paycheck.
Technically, if you have a big capital gain in one quarter, you should make a tax payment by the filing date for that quarter.
If you don’t do this in a single year, the IRS will let it slide. If it happens two years in a row, you could be subject to penalties.
Is this right? Hell no, but it’s been the law for many years.
Obama wants the World on “Obama Credits” ? LOL
I knew as soon as I heard India was practising Bolshevikism that this had the Globalists written all over it !
This is what they planned for us if Hellary won. The abolishment of capitalism and freedom
The author references several source documents that are in the public domain.
However, some FOIA requests could help to fill gaps in the causal chain...
Blockchain currencies may be the only escape.
It's caused great chaos and angst.
You can also charge a slice of that money for each transaction.
Someone profits in the end.
[ A well-kept open secret: Washington is behind Indias brutal experiment of abolishing most cash
666. All predicted in the bible.]
Preach it, brother. I have put together a list of 3 videos (so far) all between 2-5 minutes or so, showing how a lot of new things have been coming down that will make regular cash obsolete in not that many days hence. The appeal of technology, accuracy and ease of transactions makes it all very cool-looking.
Were it not for that prophesied 666 thing - this is a repeat of videos my ping list has seen but they might not have seen this thread yet.
India - Eye Scans and Fingerprint Scans for Welfare System - entire population targeted
https://youtu.be/oeBiZGU23SY?t=2m22s
TRIIA - Bracelet downloads cash from phone - broadcasts transaction on wrist
https://www.youtube.com/watch?v=RD_hOxyn2SI
IBM RFID Commercial - The Future Market - paying without cash or checkout lines
https://www.youtube.com/watch?v=eob532iEpqk
Oh, it’s coming to America. Bank on it (yes pun intended).
Stopped my direct deposit years ago. I'll cash my check thank you very much. Deposit only what I need if I want to debit or check a payment. Other than that, give me my cash. Nunya what I does with it.
I thought Obama was against the US interfering in other countries business, colonialism and all that. Guess I was wrong.
Did not help at all.
I miss the $1000 and $500 bills. Boy, that was a different America back then.
Of course, now, I miss $5 bills in my pocket....
[ It’s caused great chaos and angst. ]
Hey, just like the Obama pResidency!
“Oh, it’s coming to America. Bank on it.”
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Do you think President Trump is on board with this?
I would be stunned if he agrees to this tyranny.
Last hurricane I experienced there was no power for 3 weeks. But I did have cash.
This is a bad idea and should be stopped.
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