AryaVarta, AryaMan - Urgently needed - a Currency Union
If we look up at the URL -
www.greatgameindia.com ( One may also refer aother URL - www.sachbharat.org )
We see that at the bottom of the website there is an article as to how Neta Ji Subhash Chandra Bose planned to evict the Britishers from India. Thereby bringing self-rule - Swarajya.
And... again...
How Neta Ji's plan might have been effectively thwarted by the American nuclear bombings in Japan ( that immediately brought down the Japanese to knees and forced them to surrender. ).
Though the nuclear bombings were completely unwarranted to even coerce Japan to submission, even if we are to take into account the Pearl Harbour incident. As Japan was anyways on line to be vanquished in a matter of weeks/ months.
Is it that since 1945, Japan, somehow stills happens to be effectively a vassal State of the USA ? Seems likely. Since the USA's military presence since 1945, in Japan.
Every Indian MUST read this masterpiece of article at - www.greatgameindia.com .
Esp. the types and likes of Justice Katju who openly writes against Neta Ji and calls him a Japanese agent.
These guys must reformat their thinking on Neta Ji.
...
...
...
Again... had Neta Ji Subhash Chandra Bose succeeded in his efforts @ Aug, 1945 ( and it seems 100 % likely after reading this article that it was a case of 100 % guaranteed success. ) then -
ONE>
The Britishers would have been completely and thoroughly routed and expelled out of India by the end of August, 1945.
TWO>
The Indian country = the great Indian state = the "Bruhat Bharat" nation state might have extended from Vietnam in the eastern flanges to Iran in the mid west Asia.
And...
there may NOT be any denying that Tibet might have been till date, an independent country.
Again... PRC might have never invaded and occupied Tibet.
Thereby, there are chances that sensing future trouble arising from the PRC, the Tibetans might have had justifiable reasons to join the Indian union, as a state having some autonomy of its own. Maybe. Perhaps.
THREE>
This entire stretch of region = "Bruhat Akhand Bharat" ( let's call this country : Arya-Varta ) might be having one single/ unitary currency in usage.
...
...
...
Btw -
Captain trashing Neta Ji's legacy on account of caves of Raboul. Of how the Japs ate nearly 21,000 soldiers of the INA - looks way too far fetched.
I don't buy this line. Never did.
Captain must reformat his thinking on Neta Ji. And, stop dishing propaganda against Neta Ji.
...
...
...
Coming to the main issue of this post -
Some 4-5 months back... the Chinese Yuan was added to the list of currencies in the IMF denominated SDR basket. i.e. the Yuan became an international currency of trade.
This has happened because the western nations have covertly allowed the PRC to achieve this gain. This process has been gradually allowed over ( say - the past 2-3 ) decades, and culminated in this event.
I guesstimate that, going forward, this is going to gradually strengthen the Chinese economy. Frankly - the Western nations seem like covert partners in the Chinese rise and progress. The pace of this progress in the Chinese economy - is 100 % dependent on Western imports made from PRC. By many western owned or financed manufacturing units in the PRC.
And... this quantum does not seem to be slowing down any which ways.
So, similar to the PRC currency Yuan...
Is it not time that the nations spanning from the Eastern flanks of Vietnam to Iran. All inclusive - start using a singular currency in international trade.
Let's call this same currency either - 1) AryaMan, or 2) Acia.
Say...
100 "AryaM" s make one AryaMan i.e. 1 AryaMan = 100 AryaM; alternately
100 "AciaM" s make one Acia i.e. 1 Acia = 100 AciaM.
Basically, what is being espoused is - all these Asian ( East + South + Mid-East ) countries use a singular currency for international trade and trade settlements, between nations.
Importantly -
All these countries DO NOT have to be replacing their already existing currencies. Their respective national currencies coexist with a new one that comes into vogue. The national currencies are used in house alone.
Again, this newly created currency is to be used ONLY for international trade and payments.
Available only via suitable Govt. banking agencies ( banking system or the reserve bank ), in all the respective countries throughout the entire region.
Importantly -
ONE>
This seems like the best bet to make and fix our OWN SPOT in the international SDR currency basket, with some alacrity. This achieves the best hedge against the vagaries of international currency demand / supply. Any / all currencies.
TWO>
Following BrExit, the British Sterling Pound will try to have its own existence and spread, once again.
The Euro used in the EU may see reduction in demand. Same supply. If demand is less- then it becomes cheaper rather than dearer to the US Dollar.
This is certainly going to work in favor of the US Dollar strengthening. Demand rising. If supply is constricted a wee bit - then the US Dollar becomes dearer.
Importantly I guesstimate that apart from the US Dollar that may see marginal gains out of BrExit - all the net gains might be MAJORLY gained by the PRC currency Yuan. Since the Chinese trade and economy is expected to grow in size over the oncoming years - to the number one or two position.
Whilst, only minimal/ strong advantage might accrue to the US Dollar on the demand or supply side.
So... it behoves the powers that are... to mull a new currency to be used throughout this entire region. For intra-country with the same countries/ international trade .
This way - we may have better control and leverage over the currency demand/ supply. Thereby limit the extent of wealth exiting the entire region.
Most importantly - as a hedge/ bulwark against the undue rise in demand / supply chain of the PRC currency Yuan.
In the current context - more the extent of demand/ supply of currency in the international market. The more resolutely firm and broad-based are the economic foundations of the currency region or union.
Simple rule ? -
Peg the value of this currency AryaMan / Acia against a set of international currencies, to start with. Some historical median over the recent past ( say over 2-3 days/ or a week ) ? Then, being lively pegged ?
Why I wrote this post. I get this strong feeling that -
I guesstimate that down the line the Russians are planning to expand the spread of rouble or rouble like currency in the erstwhile USSR region countries. The Eurasian region. << This is very important, to note. >>
Now...
This initiative requires some real courage to see through, by countries panning right across the Vietnam <- India <- Iran stretch.
Again, and importantly any small scale war or battle between adjoining countries might not drastically affect the intrinsic value or demand/ supply of this currency.
In fact - such low grade mis-adventures might be ruled out in the entire region. Esp. between nations. As there are likelihood that other nations that are part of the Currency Union ( this concept is opposed to that of an economic union ) might try to pitch in to solve the mutual issues or even to contain the same, to their advantage.
A currency union may or may not give rise to an economic union at a latter date. And, this lends more stability throughout the region.
< EoP >
If we look up at the URL -
www.greatgameindia.com ( One may also refer aother URL - www.sachbharat.org )
We see that at the bottom of the website there is an article as to how Neta Ji Subhash Chandra Bose planned to evict the Britishers from India. Thereby bringing self-rule - Swarajya.
And... again...
How Neta Ji's plan might have been effectively thwarted by the American nuclear bombings in Japan ( that immediately brought down the Japanese to knees and forced them to surrender. ).
Though the nuclear bombings were completely unwarranted to even coerce Japan to submission, even if we are to take into account the Pearl Harbour incident. As Japan was anyways on line to be vanquished in a matter of weeks/ months.
Is it that since 1945, Japan, somehow stills happens to be effectively a vassal State of the USA ? Seems likely. Since the USA's military presence since 1945, in Japan.
Every Indian MUST read this masterpiece of article at - www.greatgameindia.com .
Esp. the types and likes of Justice Katju who openly writes against Neta Ji and calls him a Japanese agent.
These guys must reformat their thinking on Neta Ji.
...
...
...
Again... had Neta Ji Subhash Chandra Bose succeeded in his efforts @ Aug, 1945 ( and it seems 100 % likely after reading this article that it was a case of 100 % guaranteed success. ) then -
ONE>
The Britishers would have been completely and thoroughly routed and expelled out of India by the end of August, 1945.
TWO>
The Indian country = the great Indian state = the "Bruhat Bharat" nation state might have extended from Vietnam in the eastern flanges to Iran in the mid west Asia.
And...
there may NOT be any denying that Tibet might have been till date, an independent country.
Again... PRC might have never invaded and occupied Tibet.
Thereby, there are chances that sensing future trouble arising from the PRC, the Tibetans might have had justifiable reasons to join the Indian union, as a state having some autonomy of its own. Maybe. Perhaps.
THREE>
This entire stretch of region = "Bruhat Akhand Bharat" ( let's call this country : Arya-Varta ) might be having one single/ unitary currency in usage.
...
...
...
Btw -
Captain trashing Neta Ji's legacy on account of caves of Raboul. Of how the Japs ate nearly 21,000 soldiers of the INA - looks way too far fetched.
I don't buy this line. Never did.
Captain must reformat his thinking on Neta Ji. And, stop dishing propaganda against Neta Ji.
...
...
...
Coming to the main issue of this post -
Some 4-5 months back... the Chinese Yuan was added to the list of currencies in the IMF denominated SDR basket. i.e. the Yuan became an international currency of trade.
This has happened because the western nations have covertly allowed the PRC to achieve this gain. This process has been gradually allowed over ( say - the past 2-3 ) decades, and culminated in this event.
I guesstimate that, going forward, this is going to gradually strengthen the Chinese economy. Frankly - the Western nations seem like covert partners in the Chinese rise and progress. The pace of this progress in the Chinese economy - is 100 % dependent on Western imports made from PRC. By many western owned or financed manufacturing units in the PRC.
And... this quantum does not seem to be slowing down any which ways.
So, similar to the PRC currency Yuan...
Is it not time that the nations spanning from the Eastern flanks of Vietnam to Iran. All inclusive - start using a singular currency in international trade.
Let's call this same currency either - 1) AryaMan, or 2) Acia.
Say...
100 "AryaM" s make one AryaMan i.e. 1 AryaMan = 100 AryaM; alternately
100 "AciaM" s make one Acia i.e. 1 Acia = 100 AciaM.
Basically, what is being espoused is - all these Asian ( East + South + Mid-East ) countries use a singular currency for international trade and trade settlements, between nations.
Importantly -
All these countries DO NOT have to be replacing their already existing currencies. Their respective national currencies coexist with a new one that comes into vogue. The national currencies are used in house alone.
Again, this newly created currency is to be used ONLY for international trade and payments.
Available only via suitable Govt. banking agencies ( banking system or the reserve bank ), in all the respective countries throughout the entire region.
Importantly -
ONE>
This seems like the best bet to make and fix our OWN SPOT in the international SDR currency basket, with some alacrity. This achieves the best hedge against the vagaries of international currency demand / supply. Any / all currencies.
TWO>
Following BrExit, the British Sterling Pound will try to have its own existence and spread, once again.
The Euro used in the EU may see reduction in demand. Same supply. If demand is less- then it becomes cheaper rather than dearer to the US Dollar.
This is certainly going to work in favor of the US Dollar strengthening. Demand rising. If supply is constricted a wee bit - then the US Dollar becomes dearer.
Importantly I guesstimate that apart from the US Dollar that may see marginal gains out of BrExit - all the net gains might be MAJORLY gained by the PRC currency Yuan. Since the Chinese trade and economy is expected to grow in size over the oncoming years - to the number one or two position.
Whilst, only minimal/ strong advantage might accrue to the US Dollar on the demand or supply side.
So... it behoves the powers that are... to mull a new currency to be used throughout this entire region. For intra-country with the same countries/ international trade .
This way - we may have better control and leverage over the currency demand/ supply. Thereby limit the extent of wealth exiting the entire region.
Most importantly - as a hedge/ bulwark against the undue rise in demand / supply chain of the PRC currency Yuan.
In the current context - more the extent of demand/ supply of currency in the international market. The more resolutely firm and broad-based are the economic foundations of the currency region or union.
Simple rule ? -
Peg the value of this currency AryaMan / Acia against a set of international currencies, to start with. Some historical median over the recent past ( say over 2-3 days/ or a week ) ? Then, being lively pegged ?
Why I wrote this post. I get this strong feeling that -
I guesstimate that down the line the Russians are planning to expand the spread of rouble or rouble like currency in the erstwhile USSR region countries. The Eurasian region. << This is very important, to note. >>
Now...
This initiative requires some real courage to see through, by countries panning right across the Vietnam <- India <- Iran stretch.
Again, and importantly any small scale war or battle between adjoining countries might not drastically affect the intrinsic value or demand/ supply of this currency.
In fact - such low grade mis-adventures might be ruled out in the entire region. Esp. between nations. As there are likelihood that other nations that are part of the Currency Union ( this concept is opposed to that of an economic union ) might try to pitch in to solve the mutual issues or even to contain the same, to their advantage.
A currency union may or may not give rise to an economic union at a latter date. And, this lends more stability throughout the region.
< EoP >
No comments:
Post a Comment