12 November 2023 | Shortly after it has become known that hackers are offering the identity data of most Indians from the world’s largest digital identity database for sale, the European Parliament and Council have agreed to introduce something similar for Europeans, while Washington praises the Ukrainian version as an export model and Bill Gates […]
5 June 2023 | India’s central bank will withdraw the largest banknote from circulation. The then largest note is only worth about as much as the smallest in the euro area. The move is intended to force people to use electronic money instead of cash. With this, they can be better monitored and controlled and […]
16 June 2022 | Those who are pushing for the abolition of cash and the surveillance and classification of people with artificial intelligence like to pose as helpers of those previously excluded from the formal financial sector. They talk of financial inclusion. A recent economic study shows that the few disadvantaged people who are helped […]
February 16, 2020 | The Bank for International Settlements (BIS), the powerful central bank of central banks, has published a paper that is scandalous in more than one respect. They advocate worldwide adoption of the Indian government’s approach to data-sharing, which will result in every Indian citizen being stripped of all privacy. …
In early November, without warning, the Indian government declared the two largest denomination bills invalid, abolishing over 80 percent of circulating cash by value. Amidst all the commotion and outrage this caused, nobody seems to have taken note of the decisive role that Washington played in this. That is surprising, as Washington’s role has been disguised only very superficially.