PM on Monetray policy...

by Marathadi-Saamiyaar Sat Aug 17, 2013 12:24 pm

.....The Prime Minister, himself a Governor between 1982 and 1985, recalled that when he was chosen to head the central bank, he had no idea of what a monetary policy was.

And, he is an OXFORD PhD in economics, a former Professor from Delhi School of Economics and was appointed Governor of RBI not knowing what a monetary policy was?

I am sure he still does not know.

by goodcitizn Sun Aug 18, 2013 6:16 am

Marathadi-Saamiyaar wrote:

.....The Prime Minister, himself a Governor between 1982 and 1985, recalled that when he was chosen to head the central bank, he had no idea of what a monetary policy was.

And, he is an OXFORD PhD in economics, a former Professor from Delhi School of Economics and was appointed Governor of RBI not knowing what a monetary policy was?

I am sure he still does not know.

Do you think Rahul knows the difference between fiscal policy and monetary policy?

by Marathadi-Saamiyaar Sun Aug 18, 2013 12:17 pm

goodcitizn wrote:
Marathadi-Saamiyaar wrote:

.....The Prime Minister, himself a Governor between 1982 and 1985, recalled that when he was chosen to head the central bank, he had no idea of what a monetary policy was.

And, he is an OXFORD PhD in economics, a former Professor from Delhi School of Economics and was appointed Governor of RBI not knowing what a monetary policy was?

I am sure he still does not know.
Do you think Rahul knows the difference between fiscal policy and monetary policy?

But Rahul is not considered an intellect, an economist or a PhD from OXFORD or has been a professor.

Wrong comparison.

by goodcitizn Sun Aug 18, 2013 12:31 pm

Marathadi-Saamiyaar wrote:But Rahul is not considered an intellect, an economist or a PhD from OXFORD or has been a professor.

Wrong comparison.

You misunderstood my comment. If the (so-called highly educated) current PM of India pleads ignorance to knowing what monetary policy means how can you possibly consider someone like Rahul for PM?

by Marathadi-Saamiyaar Sun Aug 18, 2013 1:16 pm

goodcitizn wrote:
Marathadi-Saamiyaar wrote:But Rahul is not considered an intellect, an economist or a PhD from OXFORD or has been a professor.

Wrong comparison.
You misunderstood my comment. If the (so-called highly educated) current PM of India pleads ignorance to knowing what monetary policy means how can you possibly consider someone like Rahul for PM?

Rahul is considered a PM candidate by the CONmen bcz of his last name and family. NOTHING ELSE. ABSOLUTELY.

MMS was picked as PM not for his economics but for his slavish mindset. If you recall Zail Singh was considered a shameless yes man for Indira. and even he revolted in the case of Golden temple episode and the Sikh riots. That is why he never got a second term despite his total Dogish loyalty. MMS is even worse and actually a disgrace to the nation when it comes to politics. He may be totally incorrupt, but a person who turns a blind eye to the corruption around him is even worse - since he is expected to act against them and given all powers by the people.

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