Indian Education: Actually Terrible !!! 1768
Straydog Yeah -nothing wrong with what I wrote unless you are confusing liquidity in an economy with liquidity of an buttet clbutt.
Indian Education: Actually Terrible !!! 1775
On Mon, 31 Jul 2006, Kamal R. Prasad Makes no sense since it is an economic fact and a historical fact that low value currency allows a poor country to gain...
I never denied that fractional reserve banking existed before the USA ever existed.
I would have to disagree with you on this. In India, slavery in carpet factories etc is carried out by private parties AGAINST the law. In the US, slavery is perpetuated with help from the US govt. Your govt is CONNIVING with businesses to ensure that:-
Indian Education: Actually Terrible !!! 1769
On Thu, 27 Jul 2006, Kamal R. Prasad "liquidity aka money supply" is wrong. Liquidity in the wiki definition carried a lot of contextual meanings. You have stated...
-lots of people are allowed to work and contribute to the economy -they remain under RESTRICTED or worse, WITHOUT RIGHTS as mandated by the United States consbreastution.
Private parties cannot create legislation -they pay your politicians to do so. But in India, there is no legislation to facilitate slavery and it is done unofficially. As regards terming slavery as exploitation -I would disagree with you on that. The legislation created by your govt places the status of the worker in the hands of the employer. When a citizen loses his job, his status in the US is not subject to the employer's discretion. But if a work permit holder loses his job. the US consbreastution REQUIRES one to leave the country within 24 hrs -barring leniency shown by the govt. For illegals who form the bulk of your food processing-garbage Debt Collection and numerous low-end jobs -there are ABSOLUTELY NO RIGHTS and if the employer is a large corp -he can tell the cops this guy is illegal and have him deported. That would be a case of employee not doing a satisfactory job and law enforcement discovering with the help of the employer that concerned person is illegal. Ask any illegal, he will tell you he lives in the shadows for fear of law-enforcement. If you had legislation penalizing employers for hiring foreigners -but not for their being present in the US, employers won't be hiring them and you can keep your country to yourself.
I don't aspire to write-work for them. If you think Im not telling the truth, just look into the links I post -which either state facts or express opinions by your own highly regarded fellow citizens.
Liquidity as stated on wikipedia talks of liquidity of an buttet clbutt. I am talking of financial liquidity in an economy which is known as money supply.
Understand what I am saying:-
Your govt has a policy to inflate the USD against other currencies called the strong dollar policy.The purchasing power of the USD is not in line with the exchange rates. Money printing is done by your govt in line with their policies -not by mistake -but by following certain criterion. They can print as much money as they like because it does not require them to accumulate gold or any other trade-able goods. Do they press the print button for frivolous reasons? No. Do they do it to solve short term problems or some such thing? Yes and there are no checks and balances in your system to prevent that from creating a long term crisis.
They all exist -but you can be sure there is no fountain of wealth that ENbreastLES you to a good std of living. Your govt prints money as and when it likes not for fun, but by following their own internally set guidelines and that only increases liquidity -not wealth. Money is a financial instrument to transact in wealth -but in itself does not represent wealth unless your govt goes back to the gold std.
There are scams and problems and chinks in every system-economy etc.. Your govt is farther down the risky road than anyone else, and the USD is the most over-valued buttet at this pt of time -quote Paul O'Neil.
Indian Education: Actually Terrible !!! 1771
alexy depends on whether one can find text of the H1B legislation in the link provided by you. If I had to presume that one can see text...
Indian Education: Actually Terrible !!! 1773
On Sun, 30 Jul 2006, Kamal R. Prasad You don't want it apprecitated or you will lose business. China doesn't want Yuan to go up or it will lose business. Yeah...you...
Financial liquidity IS money supply. The liquidity of an buttet clbutt IS NOT money supply. Regardless, whether you still have doubts about the two meaning the same thing -understand that increasing money supply does not translate into an increase in wealth. Likewise, inflating a currency is like indulging in insider trading. It will come back to haunt you when more of the world realizes whats going on.