#1
Dont Mess With Sucess
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so Modi has implemented a really cool idea: tax every transaction, and eliminate all other taxes. and ban all bank notes worth more than about $7 american. so now we're here:

http://www.irishtimes.com/news/world/asia-pacific/demonetisation-havoc-continues-in-india-as-banks-run-out-of-currency-1.2891028

who's gonna travel out to liaise with the Maoists?
#2
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#3
[account deactivated]
#4
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that does indeed sound cool OP
#5
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But the Prime Minister has not displayed any interest in acknowledging the colossal disaster that demonetisation has proved to be. Instead of alleviating people’s suffering, he launched a self-serving ‘survey’ in a personal app, and promptly proceeded to claim that the app-survey showed that demonetisation had the approval of 92% of Indians. This, in spite of the fact that a mere 17% of Indians use smart phones and a tiny fraction of these participated in the survey, and moreover that the survey was designed to elicit only approving responses, failing to provide a ‘disagree’ option on its most crucial questions!

Exposing the farce of Modi’s app-based ‘survey’, millions of common Indians came on the streets on 28 November to express their anger and participate in People’s Outrage (Jan Akrosh) protests all over the country. Here, too, Modi himself proceeded to claim that the opposition parties had declared a Bharat Bandh – and since no Bharat Bandh took place, he declared the protests a flop. Just as he declared his demonetisation move ‘passed with flying colours’ in a test he himself set and examined, Modi declared the people’s protests a ‘failure’ in the imaginary ‘Bharat Bandh’ that no one had declared!



http://cpiml.org/ml-update/vol-19-no-49/all-india-outrage-day-anger-against-demonetisation-disaster-spills-out-on-streets

#6
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Another example of capitalism creating the conditions for socialism and its own abolition. In response to crisis and the needs of finance capital, even the freedom of the consumer must be eliminated and replaced by planned consumption in unprofitable but too big to fail capital with the government as the enforcer. It's easy to imagine this turning into digital currency socialism though I wouldn't get carried away, this is more a fever dream of Indian capital than something that reflects the real level of development of the Indian economy. Also the way the Indian fascist government handled this war hilariously stupid, you have to trick people into it like Abe.

http://www.globalresearch.ca/indias-demonetization-shock-therapy-state-sponsored-financial-repression/5559182

Imprisoned within the narrow confines of this digital panopticon from which there is no exit, we will lose our freedom over our money. We will no longer have the choice of withdrawing cash from banks plagued with bad debts or withdrawing from irrational credit orgies as the risk of losing our money is too high.



Digital state capitalism must become digital socialism. Only use Marxcoin!

#7
"Jpg." - Hank Hill
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tears posted:

But the Prime Minister has not displayed any interest in acknowledging the colossal disaster that demonetisation has proved to be. Instead of alleviating people’s suffering, he launched a self-serving ‘survey’ in a personal app, and promptly proceeded to claim that the app-survey showed that demonetisation had the approval of 92% of Indians. This, in spite of the fact that a mere 17% of Indians use smart phones and a tiny fraction of these participated in the survey, and moreover that the survey was designed to elicit only approving responses, failing to provide a ‘disagree’ option on its most crucial questions!

Exposing the farce of Modi’s app-based ‘survey’, millions of common Indians came on the streets on 28 November to express their anger and participate in People’s Outrage (Jan Akrosh) protests all over the country. Here, too, Modi himself proceeded to claim that the opposition parties had declared a Bharat Bandh – and since no Bharat Bandh took place, he declared the protests a flop. Just as he declared his demonetisation move ‘passed with flying colours’ in a test he himself set and examined, Modi declared the people’s protests a ‘failure’ in the imaginary ‘Bharat Bandh’ that no one had declared!

http://cpiml.org/ml-update/vol-19-no-49/all-india-outrage-day-anger-against-demonetisation-disaster-spills-out-on-streets



imagine an app stomping on a human face forever

#8
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let them eat apps
#9
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this was a pretty interesting talk about the correlation between organised crime and large denomination notes
#10
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tears posted:

let them eat apps



I like appetizers

#11
[account deactivated]
#12
"Jpg." - Hank Hill
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silicon valley is going to be the Chicago Boys of the 21st century
#13
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'Prabhat Patnaik, Professor Emeritus at the Centre for Economic Studies and Planning, JNU, and Former Vice-Chairman of the Kerala State Planning Board, speaks at the public meeting organised by JNU Students Union - School of Social Sciences (JNUSU-SSS) on the withdrawal of the 500 and 1000 rupee'

https://www.youtube.com/watch?v=RlZevCgPsnY
#14
Dont Mess With Sucess
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They are going to do this in Australia too. But not the USA, because as they say, it cant happen here". Not in my backyard!" Should I be hoarding gold, is my question, the question I've been trying to get a yes answer to, for yearsd "To survive the coming economic turbulence i need to have gold, and be as white as possible. What could make me whiter than sealing myself in a cryogenic panic bin, frozen underground in a fetal position around a few sticks of gold until the ethnic cleansings are mopped up?" -me, but, like, only for the sake of irony

Edited by swampman ()

#15
Dont Mess With Sucess
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Place your bets on when this will happen in the USA. Bets compound at -5% apr