Tuesday, February 28, 2017

India as Guinea Pig

I heard from a friend who has recently been to India that many, many poor people lost their savings when the Indian Central Bank decided overnight to remove larger-denomination bills from circulation, making many peoples' savings value-less. Here that otherwise inexplicable decision gets a light shone on it:


Guinea pig indeed, and we're all next. If a few million people die, they will see that as a success, whilst making sure everyone is 'included' into the financial system.

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