India Will Scrap 2,000 Rupee Notes, Echoing 2016 Demonetization
The move to retire 2,000-rupee notes, worth $24, has triggered bad memories of a similar campaign in 2016. It has also left some businesses short of change.
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The move to retire 2,000-rupee notes, worth $24, has triggered bad memories of a similar campaign in 2016. It has also left some businesses short of change.
A surge in government spending before the election this month and pressure on the country’s currency could hit the economy in coming months, experts say.
“A lot of people like the idea that they’re paying cash, and they’re using this currency and have a way of ensuring it’s not counterfeit,” says Irwin Lipnowski, associate professor of economics, University of Manitoba
The regulations were meant to prevent dollar transfers to those targeted by U.S. sanctions on Iran, Syria and Russia. But they have ended up harming ordinary Iraqis who need U.S. currency for business or travel.
Millions of Nigerians have struggled to withdraw cash after the country’s old currency was replaced by newly designed bills ahead of a presidential election.
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There’s a world war raging right now between globalist and nationalist authoritarians. All sides want absolute control, and they will get it by locking down farmland, food, energy, and the money supply. This is what the Gr**t R*s*t is all about, and it has shifted into an entirely new gear. In some parts of the world, the war already involves bombs and bullets. Glenn reveals why Ukraine is so crucial to the globalist agenda and why it’s so important to nationalists like Russia, China, and Iran. But the war is being fought more covertly in other parts of the world, including our own back yard. American farmland is vanishing. Energy is being transitioned into forms the globalists can completely lock down. And our finances are being shifted toward a system that can be shut off or taken away at the whims of the federal government. The endgame is full control and power, and we are the only ones standing in the way.Watch more Glenn TV here: https://www.youtube.com/watch?v=Xn23gFWnMdc Subscribe to BlazeTV YouTube! https://bit.ly/2KJHuwu Join BlazeTV! https://get.blazetv.com/ Sign up for our NEWSLETTER: https://www.theblaze.com/newsletters/theblazeConnect with us on Social Media: http://twitter.com/BlazeTVhttp://instagram.com/TheBlazeTVhttp://facebook.com/BlazeMedia#BlazeTV #GlennTV #GlennBeck