Update On India’s War On Cash From Jayant Bhandari (Video)

Update On India’s War On Cash From Jayant Bhandari Video

If you want to understand what is happening with the India going cashless and the enormous problems, this is a must listen. Poor planning, poor execution and a poor economy, the government is, literally, making it as they go along. Rolling out 70 different policy changes in 55 days does not make for a stable situation.

With almost 1 billion people, of 1.3 billion people not having an internet connection how can a country create an electronic, digitized cashless society? The backlash is instantaneous and filled with physical gold. If the people of India are allowed to hold as much physical gold as they wish, odds are the country, especially away from prying eyes, will conduct trade in gold, silver and barter. What choice will they have when they do not have the ways and means to conduct business in other manner?

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Gordon T Long

Meet the Host of our Program Show Gordon T Long, co-founder of the Financial Repression Authority. Gordon T. Long has been publically offering his financial and economic writing since 2010, following a career internationally in technology, senior management & investment finance. He brings a unique perspective to macroeconomic analysis because of his broad background, which is not typically found or available to the public. Mr. Long was a senior group executive with IBM and Motorola for over 20 years. In 1995, he founded the LCM Groupe in Paris, France to specialize in the rapidly emerging Internet Venture Capital and Private Equity industry. Gordon T. Long is a graduate Engineer, University of Waterloo (Canada) with graduate business studies at the prestigious Ivy Business School, University of Western Ontario (Canada) on a Northern & Central Gas Corporation Scholarship.