Tuesday, June 15, 2010

N.Ram sees inflationary threat in free trade

Whereas UPA's handouts and ill-designed schemes are causing inflation, N.Ram thinks free market caused it and socialism is the solution to inflation. Given a chance, N.Ram would push India back to the Nehruvian-Stalinist era of government control over every aspect of our lives. While advocating socialism to the others, he clings on dearly to his position in chindu, standing up for capitalism in his personal life. There are no better hypocrites than the darn communists.
The Hindu : Opinion / Editorials : Double-digit inflation
Finally, inflation is high and persistent, despite expectations of a normal or good monsoon, because the decision to give private trade a greater role in the markets for essentials has provided the basis for a new bout of speculation

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