Sunday, February 16, 2014

India's Rupee Kept WEAK To Bankrupt The Nation,Keeping Indians Perpetually POOR!

1.A nation's Currency has to be strong, else she will be bankrupted. 
       This was known to Nicolaus Copernicus,the famous Polish astronomer who was also well-versed in many other fields,including Economics.
       Now let us see the History of India's Rupee:-
       The following data, are from THIS link.
i.Value viz-a-viz the US Dollar
            Strongest 1,in 1948
            Weakest  67.8756 in 2013
Quite strangely,but by no means,any accident,but possibly by deliberate intent.India's debt is very huge,Fiscal Deficit high,in 2013-2014. 
           This combination of a weak Currency and high Debt,is the cornerstone, on and using, which the Globalists,like IMF,World Bank,reportedly, BANKRUPT Nations.
ii. Indian Rupee to the US Dollar,History from 1947 to 2000
1947        1
1966        7.5   [Rupee peg changed from British Pound Sterling  to the US Dollar,due to bad macros and devaluation]   
1975        8.39      
1980        7.86
1985       12.38     [M M Singh RBI Governor,from 16/9/1982 to  14/1/1985.M M Singh is suspected to be a puppet of the IMF,and he had always resorted to Crisis Capitalism,attacking and weakening India's Rupee and her Macros with utter ruthlessness]
1990          17.01
1995           32.42  [1991,M M Singh is appointed India's finance minister,by P.V.Varasimha Rao,the then PM,with absolute freedom to do whatever he liked,with India's Rupee,macros etc!]
       The above graph is from THIS link.One can find that whenever M M Singh,was in a responsible position,from 1972 to 2014,the Rupee has fallen!
2.After the fall of the erstwhile USSR,by a Currency attack on this Socialist Giant by the Ronald Reagan,in the latter half of the 1980s,M M Singh,NOT ELECTED by the Lok Sabha, became the Finance Minister of India.Coincidence?No.Regime change and planting puppets by the West and her oligarchs.?
3.Fast forward 2004.M M Singh becomes the PM of India!Still NOT ELECTED,by the people of India!
         M M Singh,a suspected puppet of the Rothschilds,who reportedly control the IMF,starts the Globalist Agenda of One World Totalitarian Government,by following the IMF diktat[Joseph Stieglitz calls this IMF Riot] of:-
1.Liberalization
2.Privatization
3.Market Pricing of:-
    i.Cooking Gas
    ii.Other petroleum fuels
    iii.Water after privatizing the supply.
    iv.Power
    v.Food
    The correct method is "Cost-based pricing",as Indian's per capita and actual incomes are low,and hence the standard of living,too,by the international Standards.For example the Poverty Line in the USA,corresponds t a very rich person in India. 
   The cost of Production of various items are also low in India due t cheap labour,land,power,Water supply,transport, Infrastructure etc.
       Suppose, one asks the Saudi Monarch to pay US $ 108[approximate prevailing International Market Price ],for  a barrel of Crude Oil,it does not exactly and actually,make any sense at all!
      Market Pricing is a method to TRANSFER the wealth of the Middle Class to the rich Oligarchs,using DICTATORIAL methods holding Democracy,reason and ethics in absolute contempt.with utter ruthlessness.
4.Talking of market pricing,India's petroleum fuels [petrol and diesel] have been deregulated in 2010 and prices hiked.
     The timeline is as follows:-
     i.Petrol and Diesel prices deregulated from 2010
     ii.Oman Oil Cos PPP-based BINA Refinery with BPCL,is commissioned in May 2011
     iii.L.N.Mittal's PPP-based Bhatinda Refinery with HPCL is commissioned in April 2012.
     iv.In April 2012,Shri Pranab Mukherjee,the then Finance Minister and Kaushik Basu,now with the World bank,were questioned,as to why:-
a)Diesel price was not being hiked?
b)100% FDI in MultiBrand retail was not being allowed.
     v.India's Rupee WEAKENED DELIBERATELY.to hike the prices of petroleum fuels,citing HIGH "under-recoveries" claims by the PS OMCs!
     vi.The Lady President  of the Indira Congress Party,visits the USA,for "medical check up", in the latter half of 2012, and soon after her return, in the second week of September 2012,Diesel price is hiked by Rs 5/= per Litre and the 100% FDI in MultiBrand Retail,is passed by the parliament with caveats.
      


       Due to the high "under-recoveries' claim by the PS OMCs,India's Fiscal Deficit rises.Coupled with Divestment out of PSUs and huge expenditure in Infrastructure[the standard formula of the Globalists to bankrupt Nations],India's macros are very bad........
     The hike in the petroleum fuels prices are for the sake of:-
i.L.N.Mittal
ii.Oman oil co
iii.The other private players Indian and MNC,like Shell India.
iv.Higher taxes for the States and the Centre.
5.Thus,it can be seen,that, India's policies are decided from outside the nation,from 2004 under the Indira Congress party.It is worth noting that India has a "strategic Co-operation Agreement" wi the USA,signed by M M Singh with Bush in about 2005,along with the so-called and notorious "Indo-US nuclear deal".
6.A WEAK Currency,is harmful due to the following to the citizens:-
i.Loss of purchasing Power and hence erosion of wealth.
AND HENCE INCREASE IN POVERTY.
ii.Thus it is a from of ADDITIONAL and MASSIVE,"tax",the Government stealing the wealth of its Citizens,by STEALTH  [STEALTH TAX]
iii.Due to items (i) and (ii) above Social Chaos ensues.

Will be updated............

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