Back in November 2016, the Indian government decided to remove all 500- and 1000-rupee notes from circulation overnight without prior notice. This effectively removed 86% of cash in a country that was almost 90% cash reliant. The notes became worthless and people were asked to hand them in to banks. They would only receive what they had deposited in dribs[Read More...]
The post The Gates Foundation and the War on Cash: ‘Financial Inclusion’ in an Age of Neoliberalism appeared first on Countercurrents.
Source