As I’ve traveled throughout Asia over the past decade, I’ve noticed that the punishing consequences of global currency wars, in which Central Bankers have greatly devalued the purchasing power of all currencies around the world, can be observed not just when spending money to purchase goods and services, but also in the visual form of these currencies as well. For example, Hong Kong used to have a ten dollar note, but when I visited Hong Kong within the past decade, I noted that the ten dollar note had gone extinct, replaced by Central Bankers with a ten dollar coin. The first time I visited Malaysia, their half dollar coin, called a 50 sen coin, was a large silvery coin (though it contained zero silver), and the last time I visited, I noticed that the large half dollar silver colored coin had been reduced to a small half dollar gold colored coin (though obviously, it contained zero gold).
There are a number of reasons for Central Bankers’ decisions to radically alter currency appearance during periods of massive purchasing power devaluation that are the consequences of global currency wars. One is merely for psychological reasons. Obviously, one expects greater purchasing power from a plastic/fabric cash note then from a coin, so by converting a cash note into a coin, bankers automatically decrease the people’s expectations of what that denomination should be able to buy. As far as magically shrinking a large coin into a small coin, the same psychology is at play here. Since larger coins have greater purchasing power than smaller coins as a near universal trait among all currencies in every nation, when bankers shrink a coin, they again decrease the people’s expectations of its purchasing power. A third trick used by Central Bankers is simply to keep printing cash notes of larger denominations.
In India, PM Narendra Modi has executed the third trick of Central Bankers. Though Modi, clearly an ally of Central Bankers and an opponent of the people, remains oddly beloved by huge numbers of Indians. When Modi banned the 500 and 1,000 rupee notes that constituted about 86% of all cash in circulation in India at the time, and replaced the 1,000 rupee note with a 2,000 rupee note, he tricked his supporters by stating that his move was not to cover up massive inflation of the rupee in India and was not the consequence of global currency wars, but to “fight corruption”. The fact that Modi was so easily able to fool his blindly compliant supporters speaks volumes to the hive mentality that has been incorporated in nations all over the world in which people no longer exercise any common sense whatsoever, but blindly ingest and embrace whatever narratives their beloved leaders tell them. The protests in Hong Kong, framed as 100% pro-democracy, “peaceful” demonstrations in the Western media, when in reality, they are far more complex with underlying ulterior motives far wider reaching than just hopes of democracy, is another example of blind acceptance of all forwarded MSM narratives without critical thought and introspection.
In fact, my critique of Modi as a wolf in sheep’s clothing is nothing new. Four years ago, I wrote this article titled, “A Critical Warning about the Indian Gold Demonetization Plans”, in which I warned Indian citizens not to turn their physical gold into digital rupees as PM Modi was urging them to do. In fact, in that article, I warned that the increase of gold import duties to 15% in 2013 was a clear “attempt to stop Indian citizens from converting unsound digital and paper rupees into the sound money of gold,” and as you can see in the charts below, there was a clear, continuing massive drop in purchasing power in the rupee since 2013 just as I predicted would be the ongoing consequences of global currency wars. Consequently, when this plan failed, the next logical step was to then demonetize cash rupees as a means to bring Indian citizens back under compliance of the Central Banking currency devaluation program, so it came as zero surprise to me when Indian PM Modi, just one year after I wrote that article, carried out this exact mission. Furthermore, it remains no surprise to me that Modi loyalists are unable to see him as a wolf in sheep’s clothing.
As you can clearly see in the chart below, the Indian Rupee (INR) has crashed in purchasing power against the USD, falling by nearly 40% in just the past 8 years alone. If the rupee’s purchasing power has devalued by 40% or more, then a new note that is 80% higher in denomination would be needed, which would consequently explain the doubling of the largest rupee note from 1,000 rupees to 2,000 rupees. This was the main driving force behind the removal of all 1,000 rupee notes in circulation, and its replacement with a note two times in denomination of 2,000 rupees, not the declaration of the act being a desire to “fight corruption” that the entire nation of India should support that was so eagerly embraced by hundreds of millions of Indians who cheered Modi’s use of a false fight against corruption to hide the massive destruction of rupee purchasing power that he endorses. Furthermore, as I have stated numerous times, the words of a politician are never to be trusted as the basis for judgment of a politician. Instead, his or her actions and results should be the litmus test used to verify or dispute his or her words. In the case of Modi’s declaration that his banning of 500 and 1000 rupee notes was to punish criminals that hoarded black market cash inside their homes, Shilan Shah, an economist at Capital Economics, stated, “Critics have presented this as overwhelming evidence that demonetisation failed in its stated aim of clamping down on illicit wealth, known colloquially as ‘black money.”
In addition, former Finance Minister Palaniappan Chidambaram speculated on Twitter, that perhaps Modi’s temporary cash ban was just a money laundering scheme disguised as an “anti-corruption” campaign, because it led to nearly all of the estimated black market cash in India being successfully laundered through Indian banks. For his criticism, Chidambaram suffered the wrath of PM Modi a couple of months ago, and was arrested on charges of “money laundering” and “corruption” himself, charges that seem to be motivated by his assessment of the real intent of Modi’s cash ban. Of course, Indian authorities claim that the charges levied against Chidambaram, out of the blue of his crimes as Finance Minister (though he left that office in 2014), have nothing to do with his criticism against Modi’s cash ban as “the worst assault on the poor in the country. Demonetisation has broken the back of 45 crore people. It is punishing the poor. I see no rich man affected by the ban.” Furthermore, if you know the history of monstrous increases in the gold import duty tax under Modi’s reign, which is also the reason (legal) gold imports have plummeted in India this year, and in recent years, while gold smuggling has allegedly soared, then it should also be self-evident that Modi has aligned his interests with Central Bankers against the interests of the people. Yet, the people somehow remain blind to these obvious alignments of power.
The Bank of Mexico, like the RBI, has also planned to increase the highest denominated Mexican peso note (MXN) from just 1,000 pesos to 2,000 pesos in 2020 “if it is required to meet the needs of users”. I have’t been able to find any hint thus far that the Bank of Mexico is trying to sell this planned act as one performed to “fight corruption” of drug cartels in Mexico and black market money in the mainstream media channels of Mexico, but the impetus behind these plans is as crystal clear as Modi’s motivation for doing the same in India. If we take a look at the plummeting purchasing power of the Mexican peso over the last decade as a consequence of global currency wars, obviously a higher denominated note will become necessary “to meet the needs of users” because Mexican citizens are no longer able to buy the same amounts of goods and services for 1,000 pesos that they could just a few years ago. Just as the Indian Rupee has plummeted by nearly 40% against the USD in a very short time span, the MXN has plummeted by more than 41% against the USD in just the past eight years.
The final fourth prong of Central Banker currency deception that is necessary, as consequences of global currency wars, is to use an increasing cryptocurrency movement to eventually ban all cash worldwide and institute a cashless global currency system. Once this final part of the Central Banker fiat currency purchasing power destruction game is implemented, then the three prongs of deception discussed above, as visual psychological warfare games of acceptance executed against the people, will become completely obsolete. Elaborate games of psychological manipulation will no longer be necessary, because once all currency around the world becomes 100% digital, any resistance against the total economic and financial control bankers will exert over the world’s citizens will result in that citizen’s access to his or her money being blocked and frozen. Thus, my criticism of Indian citizens that love Modi, a person that is working against their best interests, pales in comparison to the much larger numbers of people that are embracing 100% digital cryptocurrencies as the “solution” to a corrupt banking system, as people who do so are literally embracing the narratives and arguments of the very people that seek to economically and financially enslave them.
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