Its a very interesting Response,Ravi,

Which I can't understand..

Lets discuss over a Glass of Wine,

Wherever,

When I can still try to

Get a Grip of,

Atleast the Glass!

All in Ignorance!

-

A friend , from my College IIM Calcutta , commented 

"  I have regds for R.K.Sau for the First time in my life..he was not confusing at  all"

July 12, 2015

my response ,

For some , reality can be confusing . 

Thus the need to provoke the sheeple to wake up and review the world .

Simplistic model of his/our Economic world was easy to understand , 

however it omitted many significant power centres .

Mr Raja , 

Reality can be confusing , if juxtaposed against simplistic models .

How can facts be confusing ? 

Only if simplistic model of world economy 

prevents us from opening our eyes 

to many significant components of the real economic world .

e.g. where is Socialist India now ,

with one man Ambani owning / managing 1-2 % of India s GNP ? 

I respect Dr Sau s values , now even .

He helped us understand the logic behind India s socialism ,

however educators like him 

maybe forestalled India s potential growth in comparison with China s ,

maybe forestalled us you and me from creating companies like Huawei , Haier , others .

However , his - Dr Sau s acolytes including me ,

could not foresee an Economy based on 

" Demand-Creation fueled by Asset-Appreciation facilitated by FRS-Managed  Bank-Money-Creation ."

FRS = Federal Reserve System ( RaviGarg opines that it is privately controlled .)

Adam Smith s "invisible hand " was misleading in 1971 , 

it is misleading  in 2015 .

I think that we all greatly underestimated ,

the impact of the fall of Bretton Woods system in 1969-1971 , 

and of the impact of the newly created 

"Floating Exchange Rate System , Jamaica , 1972 " ( Bretton Woods 2).

More , if you like ,

on Skype , my id is ravigarg2 

Kind regards ,

RaviGarg