The past several months I have had the unfortunate luck to need extended contact with computer tech service. They have been having a most difficult time resolving my issues. Most of the time the techs are based in India.
During the dead time that data is downloading I have taken the opportunity to ask the techs some questions about the Modi situation. Here are my findings:
They recognize that the Modi’s actions are hurting the lower classes, but think it a temporary, necessary pain. Most like Modi. They think he is fighting bad people who are counterfeiting the currency.
I ask if they think the objective is “All Electronic Money”. “Oh Yes” is the answer. I ask if they are worried that that gives the gov’t total, absolute control over the population. They seem puzzled, but eventually say they haven’t ever considered that aspect.
I remember years back when I read that Goldman Sachs was advising Modi. I was worried then. I am even more worried now. The War on Cash is real – as the world’s premier gold advocates, India had to be brought to heel. We are watching it play out.