25 .11 .2017 Some trivial topics that I could review with you .

25 .11 .2017

Some trivial topics that I could review with you . Take your pick .

1.   US Dollar hegemony , how it works .

2... " It seems no nation state is even trying to break these shackles ( of US Dollar unfair privilege )".

3.... " USA does not spend (- well almost-)  any money when it fights wars overseas "

4.... " It does not cost USA any money (-well almost- ) , when it imports any goods or services from overseas ".

5...." Indian ineffective judicial system is a significant conscious?  impediment to competing with power of the West ."

6... Similarities between , " Wall Street exploiting  China ,India and Japan to work at slave labor rates "  , and Indian Financial institutions enabling exploitation of Indian farmers at slave labor rates .

7... By breaking free of self imagined chains , how Indian Finance can produce more goods and services than Japan ,China ,Taiwan , Europe , G7, etc.  within a few years .

8.... Gentle comparison between  the tens of thousands of economists (financial policy makers in India , university teachers , foreign trained or not , ) and snake oil salesmen.

9...Some elementary well documented methods  used through  finance to win wars and rule the " other " countries  .

10... Possible similarities between drug peddlers and RBI .

11...Mr Jaitley/ MMSingh-MMS/ MSAhluwalia-MSA are/ were preventing implementation of a free market economy , under HUGE pressure  from IMF/ (and Related Insttns.-CIA, BIS, WSR-Wall Street Regime/others).

12...Understanding how Huge power has been achieved by some-Jews  and some-Muslims , and why modern hindu s need to shift their focus away from the prevalent hinduism .

13... Can I enable West Bengal to achieve full employment , - without any funds from Delhi ? , and other proven practical ideas .

14...Simple and powerful arguments why India must not need not borrow even a Dollar more from WallStreet et al for projects in India , and why India must/ India can  finance and earn interest by competing with WB World Bank , Citibank etc.
 worldwide .

15... The implications of opening our market to  Walmart , instead of creating a competitor to them worldwide .

16... How would a Jewish Banker  / a German Banker / a London Banker destroy Say Pakistan or Say China or Say India without firing a bullet ?

17... Some non intuitive insights about eliminating inflation , ie the dysfunctional effects of interest on bank-created-money .

18...The perils of inflation-immune pensions for senior bureaucrats .

19...How to control world price of any commodity  , including gold .

20... How to finance India s  production of high tech products like next generation  drones , satelites   , radars .


rg




private draft not for public , trivial eco , private venting to be reviewed


1... Left side ...The ideas with which the USA brainwashed economists
enable the rackets of Finance Executives “FE”  as 21st century rentiers .

 vs. Right side ....ideas about the way the world should be run to
achieve a worldwide balance between employment and income ... Austrian , heterodox economics .

2... USA govt has been bribed by FE s uniquely allowing its major Banks to brazenly create Dollars against fictitiously  assets ,  fictitiously priced  .
now - more so since 1971 , ie when I or all of us? ,  were taught bad quality economics at IIMC by Ranjit Sau/Chandra et al .

Permit me to label the above mentioned “ Toilet Paper Money “  TPM ,
that the whole world including USA people wrongly consider money , or as money , or as having some value for their daily life and as wealth for the future use.

3. The quantity of such TPM s in circulation is currently in hundreds of trillions of Dollars ,
and SIGNIFICANTLY the negative impact of tpds is ignored by  Keynesians , including many of my esteemed eco colleagues of pgp8 .

4...Mr Modi and his eco advisers are going  around the world seeking  these TPM s , when a better educated and bolder Indian PM could create equivalent TPM s in Delhi to any extent .

5...And a yet bolder and yet better educated PM would encourage rebirth of private institutions to  finance India (and the rest of the world ) based on Commodity Money CM with nil or very low interest .

6....Within the four walls of the pgp8 group , I am aghast that we pgp8 guys that i know , especially those who are connected with Economics teaching , are still not shouting from the rooftops that ,
by seeking TPM s from USA, Japan ,
we are espousing debt slavery for our countrymen for eternity .

Most of us have slogged hard over last 50 years and shall continue to do so maybe over another 20 years ,
(( except the few who may have gained from asset appreciation wealth -unearned income !, -that is a corollary of Sau/Chandra/ Keynes way of economics )) .

7...Let us discuss this in these four walls of pgp8 or in public .
In case , my  theses withstand such a discussion ,
then we , have an important leadership role to play .

8....my dear friends , 45 % of our future gnp /gdp is going to be sucked away by foreign "investors "of TPM s ... as interest !!.
Yes we in India can create our own Banks to lend Capital of TPM  s or toilet-paper-rupees if you will .
Doing BPO projects a la Infosys etc , or becoming a mfg. hub a la China , or inventing brands like McDonald or creating the future Driverless autos  , all these are low grade business that is contracted out to MODERN MBA SLAVE MANAGERS LIKE YOU AND ME  by the FE s,
really .

9...The game that the sharpest , the brightest in the world play
 has to do with , earning interest/dividends/capital appreciation ( all examples of unearned rentier type income ) ,by bribing governments+bureaucrats to get "licences" to create toilet-paper-loans-against-fictitious-assets.
The licence concept enables oligarchic control over tpd s creation , even while IIMC types are taught the virtues of free markets .
This is the business model for GSachs , JPM , Barclays ,HSBC , City , etc .
Correct me if I am even slightly wrong in this .

Ravi Garg  nov 2014