September 28, 2015 No.1
https://www.facebook.com/mehtarahulc/posts/10153060125141922
India's forex reserve of (say) $400 billion is located in US banks , not in India !!!
.
You will often hear a statistics that India's forex reserve is around $400 billion. That I dont dispute that data. But where is that forex reserve located?
.
Well, some 10% of that is gold in India. Rest is US bonds etc which are located in US banks !!! The bond may be in paper form in India, but the cash behind that bond is located in USA
.
Solution?
.
Solution I propose to non-SoMoKe-andhbhagats and non-CoBhApSwaRa-workers is that they should publicize law-draft that ---- Govt will convert all forex reserve into gold and silver and move it into India.
.
Solution I propose to SoMoKe-andhbhagats and CoBhApSwaRa-workers is that they confine to slogan shouting, cap wearing and new fad in the town ---- make you profile pix tricolored with "I support digital India" theme. Thats all you guys can do. So proposals like "convert forex into gold" will be too technical and too boring for you. So pls ignore such proposal.
https://www.facebook.com/mehtarahulc/posts/10153060125141922
India's forex reserve of (say) $400 billion is located in US banks , not in India !!!
.
You will often hear a statistics that India's forex reserve is around $400 billion. That I dont dispute that data. But where is that forex reserve located?
.
Well, some 10% of that is gold in India. Rest is US bonds etc which are located in US banks !!! The bond may be in paper form in India, but the cash behind that bond is located in USA
.
Solution?
.
Solution I propose to non-SoMoKe-andhbhagats and non-CoBhApSwaRa-workers is that they should publicize law-draft that ---- Govt will convert all forex reserve into gold and silver and move it into India.
.
Solution I propose to SoMoKe-andhbhagats and CoBhApSwaRa-workers is that they confine to slogan shouting, cap wearing and new fad in the town ---- make you profile pix tricolored with "I support digital India" theme. Thats all you guys can do. So proposals like "convert forex into gold" will be too technical and too boring for you. So pls ignore such proposal.
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