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.
