At 1514Hrs IST today,the Indian Rupee, was 60.98 to the US Dollar. I could not keep quiet any longer, and had to come out with I have been observing for a long long time.
1.India is being controlled by the IMF and the World Bank,through their puppets led by M M Singh.
Their main aim is BANKRUPTING India by wrecking the Nation economically in every way.The starting point is the Fiscal Deficits.Keep them HIGH.The Sovereign Rating will go down.
2.Keep the Rupee weak.Under-recoveries will be claimed MORE by the OMCs,and the Fiscal Deficit will go UP.The vicious cycle starts.
3.Further wreck the CAD by continuing to IMPORT Crude at any price.This will benefit and IS for the PRIMACY of the US Dollar,as Crude purchase by India is through the US Dollar mainly.There reports that India used Gold to buy Iranian Oil.
4.Meanwhile the vested Foreign interests,play their dirty game.US Federal Reserve.ECB,BoE and BoJ all resort to QEs,AT THE SAME TIME.Since the US Dollar is against a lot of Currencies including the Euro,UK Pound and the Yen,the,ACTUALLY WEAK US Dollar is manipulated to show STRENGTH.Result:-Currencies like the Indian Rupee become WEAK against the WEAK US Dollar.Gold,which should rise DROPS against the US Dollar!!!But the vested interests keep the price of Crude HIGH by political and International manipulations like Iran,Egypt etc....
Note:-
QEs are UNETHICAL Trade Practices for the following reasons
a)WTO Rules do not allow,Unethical Trade Practices.
QEs are Unethical trade practices,as they make EXPORTS lucrative.
b)QEs are SUBSIDIES to many,including Bankers who invest in places like India, and thus CONTROL the Indian Rupee through the Stock and Bond,Markets.
Here's a Billionaire US Investor,claiming that the QEs transfer the Wealth of the poor to the rich and Future generations are burdened.
At present the FIIs CONTROL India's rupee and NOT the RBI!
5.The pity is the puppets of the IMF and the World Bank continue their mischief..... They resort to misinformation,like calling the IMAGINARY under-recoveries claimed by the OMCs,a LOSS to the latter,which IS NOT THE CASE!!!
Will be updated......
1.India is being controlled by the IMF and the World Bank,through their puppets led by M M Singh.
Their main aim is BANKRUPTING India by wrecking the Nation economically in every way.The starting point is the Fiscal Deficits.Keep them HIGH.The Sovereign Rating will go down.
2.Keep the Rupee weak.Under-recoveries will be claimed MORE by the OMCs,and the Fiscal Deficit will go UP.The vicious cycle starts.
3.Further wreck the CAD by continuing to IMPORT Crude at any price.This will benefit and IS for the PRIMACY of the US Dollar,as Crude purchase by India is through the US Dollar mainly.There reports that India used Gold to buy Iranian Oil.
4.Meanwhile the vested Foreign interests,play their dirty game.US Federal Reserve.ECB,BoE and BoJ all resort to QEs,AT THE SAME TIME.Since the US Dollar is against a lot of Currencies including the Euro,UK Pound and the Yen,the,ACTUALLY WEAK US Dollar is manipulated to show STRENGTH.Result:-Currencies like the Indian Rupee become WEAK against the WEAK US Dollar.Gold,which should rise DROPS against the US Dollar!!!But the vested interests keep the price of Crude HIGH by political and International manipulations like Iran,Egypt etc....
Note:-
QEs are UNETHICAL Trade Practices for the following reasons
a)WTO Rules do not allow,Unethical Trade Practices.
QEs are Unethical trade practices,as they make EXPORTS lucrative.
b)QEs are SUBSIDIES to many,including Bankers who invest in places like India, and thus CONTROL the Indian Rupee through the Stock and Bond,Markets.
Here's a Billionaire US Investor,claiming that the QEs transfer the Wealth of the poor to the rich and Future generations are burdened.
At present the FIIs CONTROL India's rupee and NOT the RBI!
5.The pity is the puppets of the IMF and the World Bank continue their mischief..... They resort to misinformation,like calling the IMAGINARY under-recoveries claimed by the OMCs,a LOSS to the latter,which IS NOT THE CASE!!!
Will be updated......
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