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Tagged: Gold

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Was India’s 2016 “Cashless Society” Experiment Made in China?

The sudden demonetization of large denomination currency notes by the Government of India on 9th November 2016 created a mix of shock, horror, confusion, speculation and conspiracy theories across the Subcontinent. At Cabal Times, we documented the then top conspiracy theories, one of which was that this was a crude attempt at forcing a cashless, surveillance society on India. This was supported by the fact that the Prime Minister had asked his citizenry to go cashless, implying that a cashless...

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Top Conspiracy Theories about India’s Demonetisation Mess

The sudden demonetisation of large denomination currency notes by the Government of India on 9th November 2016 has created a mix of shock, horror, confusion, speculation and conspiracy theories across the Subcontinent. The Government of India, led by BJP Prime Minister Narendra Modi, claimed that this was a necessary measure because, These large denomination notes were being used to hoard “black money” in India. Since demonetisation would require such notes to be deposited in a bank account or exchanged at...