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1/11/17 Norbert Haering on Washington’s role in India’s harsh experiment with abolishing cash

1/11/17 Norbert Haering on Washington’s role in India’s harsh experiment with abolishing cash

Norbert Haering, an economic journalist and author, discusses how India’s sudden abolition of large-denominated bills, amounting to 80% of all cash in circulation, has created great hardship in a country where half the population doesn’t have a bank account and earns a living in the cash-based informal economy. Haering names the US-based NGOs, banks, and credit card companies that stand to profit handsomely from the forced transition to electronic payments.

Scott Horton

Scott Horton

Scott Horton is director of the Libertarian Institute, editorial director of Antiwar.com, host of Antiwar Radio on Pacifica, 90.7 FM KPFK in Los Angeles, California and podcasts the Scott Horton Show from ScottHorton.org. He is the author of four books. He has conducted more than 6,000 interviews since 2003. Scott lives in Austin, Texas with his wife, Larisa Alexandrovna Horton.

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