India – Crime
of the Century – Financial Genocide
By Peter
Koenig
January 20,
2017 "Information
Clearing House"
- A Financial genocide, if there was ever one. Death by
demonetization, probably killing hundreds of thousands,
if not millions of people, through famine, disease, even
desperation and suicide – because most of India’s money
was declared invalid. The official weak reason for this
purposefully manufactured human disaster is fighting
counterfeiting. What a flagrant lie! The real cause is
of course – you guessed it – an order from Washington.
On 8 November, Narendra Modi, the Indian Prime Minister,
brutally declared all 500 (US$ 7) and 1,000 rupee-notes
invalid, unless exchanged or deposited in a bank or post
office account until 31 December 2016. After this date,
all unexchanged ‘old’ money is invalid – lost. Barely
half of Indians have bank accounts.
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.
The Nordic countries, Sweden, Denmark, Finland, are
moving rapidly towards cashless societies. Electronic
money, instead of cash, allows the hegemon to control
the entire western world, all those who are enslaved to
the dollar monetary system. Meaning literally everybody
outside the Shanghai Cooperation Organization (SCO) that
includes, China, Russia, most of Central Asia, Iran,
Pakistan and – yes, India is an apparent candidate to
join the SCO alliance.
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. |