RE:Ban Commodities Future Trade
by devdass on Apr 11, 2008 12:27 PM Permalink
Not at all. They can only stablize the prices! Do not get misled by Commies!
This is due to online trading.Chidambaram knows but will not do anything since they are the financiers for Congress.Money plays.Commies also get the share&their primary concern is Minority votes& Hindu bashing.Commies are not bothered about poor.UPA should be kicked out so that the country can be saved.
RE:ONLINE TRADING
by Prem Mohan on Apr 11, 2008 12:21 PM Permalink
Are you referring to "forward trading" or "online trading"? It is a good communist slogan to blame trading for inflation. However, any examination of this problem will show that trading, including forward trading, has a moderating effect on markets.
If you want to avoid all this, it is best to scrap all markets and install a Soviet-style Stalinist government. The question is, will it work in this day and age and do people have the stomach for it.
RE:ONLINE TRADING
by devdass on Apr 11, 2008 12:21 PM Permalink
You are wrong! There are three major reasons for the high inflation!1)Removing all incentives and tax sops for savings is making people to spend more creating supply side problems.2)Implementation of too many infrastructure projects simultaneously by state govts pushes uo prices of Steel, Cement etc resulting high inflation 3) Global oil price and resultant price raise.Online or forward trading has nothing to do and only ignorant Commies will oppose it!
isnt it funny that the PM/ FM is afraid of numbers ? the situation worsened long back. the sings were telling long long ago, when the cement, fuel, steel prices increased.
The reserve bank is buying up billions of dollars of a currency fast becoming worthless whils%u2019t all other major countries are letting the dollar slide heavily - in effect we are sending out thousands of crores of goods at throwaway prices for American consumption, creating artificial shortages in this country. THE PERSON BROUGHT TO BOOK FOR THIS SNOWBALLING CRISIS SHOULD BE THE RESERVE BANK GOVERNOR.
RE:SUBSIDIZING THE DOLLAR
by Prem Mohan on Apr 11, 2008 12:13 PM Permalink
Yes! We should sell our products only for Indian Rupees or, better still, Russian roubles. It may be an even better idea to stop foreign trade altogether.
Its mentioned above that Milk prices reduced by 1% last week, but the shopkeepers havent lowered the prices after they increased the milk price substantially in the prior week. For rich is not an issue, for middle class its a cause of concern, but for poor its miserable. They are so many small chidern who are deprived off milk because of these substantial price hikes..We need to unite and take some steps towards this price hike..
Guys be ready and make sure to kick out this UPA govt in the next elections. Congress is good for nothing that we've seen since our independence they just ruined the country and now leaving all general people to starve.
RE:UPA is good for nothing then why to bare...
by sangeetha raman on Apr 11, 2008 12:07 PM Permalink
Even if NDA COMES TO POWER HOW CAN U ASSURE THAT INFLATION WILL BE REDUCED ???.THEY WILL SIMPLY BLAME THE PREVIOUS GOVERNMENT POLICIES AND KEEP RAISING THE PRICES
RE:UPA is good for nothing then why to bare...
by Prem Mohan on Apr 11, 2008 12:15 PM Permalink
Just like the UPA is blaming the NDA. The cycle is endless. The next big bout of inflation will come when the 6th Pay Commission's recommendations are implemented.
RE:UPA is good for nothing then why to bare...
by Arul Malhar on Apr 11, 2008 12:13 PM Permalink
I agree with you and there is no assurance. Our countries politicians and politics is almost same. But if you see the history, this Congress is really good for nothing, they just ruin the country. May be if they're in the power they'll make our country like Somalia some day. Don't know this could be the policy of all parties, they all are same. Only want to maintain the creamy/reach layers of people.
After reading Narinder's comment below,I did googling for future trading and came to know a litttle bit about it, and I think its not good for essential items, who did this in first place, anyway the govt should stop this.
RE:guys, future trading is not good for essential items
by Praveen Hiremath on Apr 11, 2008 12:08 PM Permalink
Stupid.when you dont know about financial markets .Just shut ur mouth.
All over the world people believed that Computers and softwares will feed us. Hence the farm sector is totally neglected. Very migour allotments are made for true development in terms of infrastructure on soil and water conservation, improving the farm productivity by attractive prices to farmers produse like that. Dr manmohan singh has to learn a lesson from Sri Narendra modi. The farm, income during his time has trippled in Gurath mainly because of investments in farm sector and soil health improvement. Such measures only will help curtailing inflation and incresae the farm supply. Loan waiver free rice and TV etc are the total foolish programs being run by UPA and partners at the cost of self respect for the farmers.
RE:inflation
by Prem Mohan on Apr 11, 2008 12:17 PM Permalink
No one ever beleived that computers and software would feed us. These sectors were successful because the Government did not understand them and could not control them.
No one seems to be bothered about the money wasted by the PSUs and all government sectors. They are the real cause of our misery.
