India Bans Large Bill--Cashless Society Coming Soon

With all the election stuff going on this past week....we may be missing the continued movement in prophetic happenings....but India just banned large cash bills.

Let's remember that the Bible says a cashless society will be with us in the Last Days.

Let's also remember that some higher-ups in the USA have proposed getting rid of $100 bills right here in America.

They will say it's for combating black markets and crime....and that may well be....but it doesn't mean we aren't watching the cashless society bloom right before our very eyes!

The government in India has recently made a move to ban large currency notes, continuing the push towards a cashless society, an effort that the country has been working on for decades. 

500 and 1,000 rupee notes were banned throughout the country, which may seem like large currency notes, but they exchange for just a few American dollars, and represent 85% of the cash transactions in the country.

The ban sparked a run on the banks in India last week, with customers forming massive lines at banks attempting to get cash notes out while they still could.

Banks then shut down on Wednesday, and limits were imposed on ATM withdrawals.

Politicians say that the new measure is aimed at fighting tax evasion, corruption, and black money, but the nation s poor say that they are going to be the hardest hit.

I went home for Diwali and my parents gave me money as a gift. I wish they had a simpler system for students. I desperately need cash to pay my rent and buy books and food, Vijay Karan Sharma from Chhattisgarh, a student at Delhi University, told the BBC.

New notes with advanced security features will be put into circulation to replace the current notes; however, financial experts in India suggest that this could be a step towards a cashless society.

Infosys founder N R Narayana Murthy celebrated the ban, and said that this could help push the country towards a digital economy. 

http://www.prophecynewswatch.com/article.cfm?recent_news_id=800

Yes!  A digital economy where every person who wants to buy or sell ANYTHING will have to take some sort of mark on their body.

Remember that until a few years ago....this prophecy spoken of in Revelation could NEVER have been possible!

Even so...Come Lord Jesus!