In this discussion with Maurice Jackson of Proven & Probable, I discuss India’s demonetization, the rise of an increasingly Orwellian society, and why gold remains important in a world of growing financial repression.
India’s war on cash is not merely an economic policy. It is an expansion of state power over ordinary people, their savings, their transactions, and their private lives. What is being presented as reform is in fact a move toward deeper control, surveillance, and social engineering.
Watch the full discussion below:
Key Takeaways
- India’s demonetization is creating enormous hardship for ordinary people, especially those who depend on cash.
- The move toward a cashless society gives the state more control over private transactions and personal savings.
- Financial repression is expanding under the language of reform, modernization, and anti-corruption.
- India’s institutional weaknesses make such policies especially destructive.
- Gold remains an important protection against currency debasement, capital controls, and arbitrary state power.
