cashless society

Interview 1245 – Satya Sagar Explains the Indian Demonetization Disaster

[audio mp3="http://www.corbettreport.com/mp3/2017-01-23%20Satya%20Sagar.mp3"][/audio]On November 8, 2016, Indian Prime Minister Narendra Modi made a dramatic announcement on live tv: as of midnight that night, the 500 and 1,000 rupee notes would no longer be legal tender. Indians would have to turn in their old cash for new notes in the coming weeks. This "demonetization" scheme was sold to the public as an attempt to rid the Indian economy of so-called "black money," but what was it really about?

SUNDAY SCREENING: ‘In Debt We Trust’ (2007)

21st Century Wire says..
With Christmas season right around the corner, millions retail consumers in North America and Western Europe will be taking on thousands of dollars in new credit card debt. Few have paused to ponder how it all started, and where the real breaking point lies – for both personal and social stability. If you think that your credit has taken over your life then you need to watch this film.
This week’s documentary film curated by our editorial team at 21WIRE…