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Author Topic: India just invalidated its largest bills R1000 and R500 overnight  (Read 1196 times)
Thenoticer
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November 14, 2016, 06:21:42 PM
 #21

Off topic, back here in the USA, another example of how you don't have the right to use your money.

Quote
Congress may need to create a legal mechanism to withhold remittances that Mexicans in the U.S. send back to their families in Mexico, a revenue stream that Trump says would help pay for construction of the wAll

On topic,

The Indian government is exemplifing how you don't have a right to use their money. And they do it under bullshit pretenses such as counterfeiting.

Basically physical cash is their property. It was never yours. You do not have a right to it. And you do not have a right to freely trade in it. And like a mafia protection racket, they get a piece of any cash/money you make. You are their slave, get it? And you are Using their cash, get it. They can do what they want.
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November 14, 2016, 06:22:38 PM
 #22

This is correct and the reason was simple corruption was it at highest and to avoid there was not solution left other than this. So finally decision came to ban the notes as there were fake currency as well in the market.

Im going to call bullshit on this one. Why couldn't they phase in a new note that was counterfeit proof

Edit. Its a tax grab( for their mafia protection racket scheme) , as Martin Armstrong says
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November 14, 2016, 06:28:44 PM
 #23

this solution could be a real one to avoid scam and counterfeit?  I don't think so, probably the really meaning of this move is another one.

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