Why is it that currency falls only before general elections ? Huge profitability gained by bringing back black money stashed abroad in order to cover Election expenses. mayb mayb not ?! u decide Weak rupee, black money and election : Election result in weak rupee due to inflow of foreign currency as black money to fund campaigns, seems there is only one exception in last 9 elections - in 2004 Rupee was down by more than 20% against dollar in the months before election. In 1984 it was down by 21% 1989 it was down by 24% 1991 it was down by 22% 1996 it was down by 19% 1998 it was down by 13% 1999 it was down by 14% 2004 it was up by 11% 2009 it was down by 25% 2014 (till now) it is down by 20% Strange but it is fact !!! Cong runs out of ideas inspite of having best economist as PM..time for emergency guys..funniest fact is bringing food bill with 1.5 lac crores adding to fiscal deficit..why ban only gold?..the entire freebies runs on items imported..why? Why not ban that..why cant they say freebies with only 100% locally manufactured goods..why r we keep importing jus to help chinese economy..bring partial ban on medium n high end electronic goods etc. Ban food item import into india..think u will get 100 such ideas...
Posted on: Wed, 28 Aug 2013 07:38:29 +0000
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