Respected All,
Stock Value has to be made Real.
The fundamental principle behind issue of stock is
Purpose
1.Stock gives additional working capital ( or cash flow ) to the operations of a company.
2.For operational purposes, to help Transferability (liquidity), the stock was allowed to be traded.
Today,
1.Selling price or sale of a stock ( except IPO ) DOES NOT CONTRIBUTE TO THE WORKING CAPITAL
2.There is too much of gambling in trading of stock which has gone beyond acceptable limits.
These two factors leads to inflation in all countries.
Solution:
0.Every unit of Stock sold has to be tracked by an identification number (Just like currency ).
1.IPO HAD TO BE DONE AT THE FACE VALUE ONLY
2.ONCE STOCK IS PURCHASED, IT CAN BE SOLD AT THE MARKET VALUE ONLY AFTER THREE OR FIVE YEARS.
OTHERWISE, Stock has to sold only at purchase value + dividends received.
3.Automated selling and buying of stocks has to be stopped.
INFLATION LEADS TO WEALTH REDUCTION IN THE NATION AND FOR INDIVIDUALS ( since the purchasing capacity of the money falls )
It initially appears that someone who has stock of company "A" is at 30.
It affects who ever who buys the company "A".
But for the buyer, the cost of the company is higher and it leads to Inflation.
THIS IS HOW THE WEALTH OF A NATION AND INDIVIDUAL IS LOST.
WE NEED TO BRING BACK POWER TO THE MONEY ( but not to the commodity )
The commodities prices are going on increasing with the increase in stock ( No one seems to observe this )
FOREX TRADE esp in the internet HAS TO BE COMPLETELY ABOLISHED.
All international transfers has to go through CARDS ( like Visa etc ) all over the World.
The inflation is very high in USA.
For example, the housing in California has gone up by 10 times in the last 20 years.
Why the government is not bothered about it?
Every country has to be self reliant.
It is required to fix the stock market.
The problem is the selling price of the stock.
Future is more powerful than money. It will crush the money power.
We are completely operating on fictitious money.
Stock does not contribute to GDP.
No development when something is selling at 10 or 100.
We need to put real projects to bring a country better.
Stock market only kills the development of a nation.
We need to put an end for abnormal growth or fall of stock
We need stock to become real.
Please read the following url.
http://yba3cu2o7b.blogspot.com/2009/11/stock-prices-has-to-be-made-real.html
http://yba3cu2o7b.blogspot.com/2008/10/money-universal-force-needs-one-law-and.html
Thanks and Regards,
N.Rajeaswar.
Sunday, November 29, 2009
Friday, November 27, 2009
Stock prices has to be made real
Respected All,
Originally the principle of stock was correct and the way it is traded now is wrong and this needs to be fixed.
Stock prices has to be made real. It is fictitious and un real.
What is wrong with the stock?
It is selling price of the stock which is not real.
How it has to be made real?
The stock has to be traded on the real value and not to be allowed to traded on fictitious values.
THE REAL VALUE OF THE STOCK IS ITS FACE VALUE PLUS ITS DIVIDENDS VALUE.
A companies face value of the stock of $1 is traded for $30.
It does not make any sense for the person who is holding the stock.
It has a meaning only for buying and selling of the company.
Even then, it is only the CEO of the company who makes the money and not the person who is holding the stock.
The person who is holding gets only the difference between what he bought and what he is selling now
MOST OF THE PRODUCTS (99%) WHICH ARE IN THE MARKET HAS STABILIZED.
ALL THE COMPANIES ARE IN THE PROCESS OF DECREASING PRICES TO MAKE THEIR EXISTENCE.
GLOBAL ECONOMIES ALSO LEADS TO REDUCTION IN PRICES.
THIS LEADS TO REMOVAL OF SOME COMPANIES IN SOME COUNTRIES PERMANENTLY
THE SAME PROBLEMS EXISTS FOR THE COMPANIES IN THE SAME NATION AS WELL.
In this situation how can stock price alone keep on inceasing.
(Stock price increasing is the only reason why a stock is purchased).
99% of the people does not even know what that company is doing.
STOCK MARKET IS COMPLETELY A FRUAD BUSINESS AND IT HAS TO BE REVAMPED ASAP.
What has to be stopped once and for all.
1.Initial public offer of stock when done by a financial institution,
a $10 face value of stock is sold in the marked at a higher value say $30.
The financial institution is paying the company only $10 and gains $20 in the process.
Can you sell a currency of $10 value say to $30 in this world?
This is wrong and has to be stopped.
This is generating inflation.
THE PURPOSE OF TRADING OF STOCK IS DONE ONLY FOR THE TRANFERABILITY OF THE MONEY AND NOT A COMMODITY ITSELF.
USA is facing a very big inflation in Real estates and the government is not taking any steps to control this.
The true value of an individual's wealth is being sucked into
1.Stock market ( un realistic selling prices which does not bring any revenue other than sale itself.)
2.Real estate ( housing prices which affects every common man)
3.Rent ( of houses and office which affects every common man)
Rent and price of housing is not controlled by the government.
This is the biggest problem of the World.
A hundred thousand dollar home before 20 years is selling for more than 1 million now in california.
This is inflation. ( there is nothing in the house which has changed in the last 20 years )
The money value is diminishing and the purchasing capacity of the citizens are affected.
THIS IS THE REASON WHY PEOPLE ARE BECOMING POOR.
MOST OF THE PEOPLE IN THE LOWER INCOME GROUP ARE BEING PUSHED INTO THE BELOW POVERTY LINE.
RICH IS BECOMING POOR.
AS YOU ALLOW MORE AND MORE PEOPLE IN THE COUNTRY AND THE INFLATION IS UN CHECKED,
MORE PEOPLE ARE GETTING MOVED TO BELOW POVERTY LINE.
SOMEONE GETTING A 20,000 DOLLAR CANNOT LIVE IN CALIFORNIA.
Crimes will increase
People will start adopting illegal ways to make money ( including printing of currency itself )
The divide between rich and poor is increasing
THIS IS THE PROBLEM WHICH NEEDS TO BE ADDRESSED BY THE GOVERNMENT.
we need to develop a method by which a poor can become rich.
We need to set the upper limit of stock based on dividends and not decided by the market.
IF someone need to invest more, let him buy more stocks, but stock price will not increase when the demand increases.
=======================================
Suppose you are selling milk in some shop
and you do not get a shipment in time.
You will get the scarcity of milk in that shop.
But the shop cannot increase the price of the milk because the demand is high
The same is too for stocks as well
=======================================
( AUTOMATED ) SELLING AND BUYING OF STOCK SHOULD NOT INCREASE OR DECREASE THE PRICE OF THE STOCK.
THIS IS THE FUNDAMENTAL PROBLEM OF STOCK MARKET WHICH NEEDS TO BE ADDRESSED ASAP.
Originally the principle of stock was correct and the way it is traded now is wrong and this needs to be fixed.
Stock prices has to be made real. It is fictitious and un real.
What is wrong with the stock?
It is selling price of the stock which is not real.
How it has to be made real?
The stock has to be traded on the real value and not to be allowed to traded on fictitious values.
THE REAL VALUE OF THE STOCK IS ITS FACE VALUE PLUS ITS DIVIDENDS VALUE.
A companies face value of the stock of $1 is traded for $30.
It does not make any sense for the person who is holding the stock.
It has a meaning only for buying and selling of the company.
Even then, it is only the CEO of the company who makes the money and not the person who is holding the stock.
The person who is holding gets only the difference between what he bought and what he is selling now
MOST OF THE PRODUCTS (99%) WHICH ARE IN THE MARKET HAS STABILIZED.
ALL THE COMPANIES ARE IN THE PROCESS OF DECREASING PRICES TO MAKE THEIR EXISTENCE.
GLOBAL ECONOMIES ALSO LEADS TO REDUCTION IN PRICES.
THIS LEADS TO REMOVAL OF SOME COMPANIES IN SOME COUNTRIES PERMANENTLY
THE SAME PROBLEMS EXISTS FOR THE COMPANIES IN THE SAME NATION AS WELL.
In this situation how can stock price alone keep on inceasing.
(Stock price increasing is the only reason why a stock is purchased).
99% of the people does not even know what that company is doing.
STOCK MARKET IS COMPLETELY A FRUAD BUSINESS AND IT HAS TO BE REVAMPED ASAP.
What has to be stopped once and for all.
1.Initial public offer of stock when done by a financial institution,
a $10 face value of stock is sold in the marked at a higher value say $30.
The financial institution is paying the company only $10 and gains $20 in the process.
Can you sell a currency of $10 value say to $30 in this world?
This is wrong and has to be stopped.
This is generating inflation.
THE PURPOSE OF TRADING OF STOCK IS DONE ONLY FOR THE TRANFERABILITY OF THE MONEY AND NOT A COMMODITY ITSELF.
USA is facing a very big inflation in Real estates and the government is not taking any steps to control this.
The true value of an individual's wealth is being sucked into
1.Stock market ( un realistic selling prices which does not bring any revenue other than sale itself.)
2.Real estate ( housing prices which affects every common man)
3.Rent ( of houses and office which affects every common man)
Rent and price of housing is not controlled by the government.
This is the biggest problem of the World.
A hundred thousand dollar home before 20 years is selling for more than 1 million now in california.
This is inflation. ( there is nothing in the house which has changed in the last 20 years )
The money value is diminishing and the purchasing capacity of the citizens are affected.
THIS IS THE REASON WHY PEOPLE ARE BECOMING POOR.
MOST OF THE PEOPLE IN THE LOWER INCOME GROUP ARE BEING PUSHED INTO THE BELOW POVERTY LINE.
RICH IS BECOMING POOR.
AS YOU ALLOW MORE AND MORE PEOPLE IN THE COUNTRY AND THE INFLATION IS UN CHECKED,
MORE PEOPLE ARE GETTING MOVED TO BELOW POVERTY LINE.
SOMEONE GETTING A 20,000 DOLLAR CANNOT LIVE IN CALIFORNIA.
Crimes will increase
People will start adopting illegal ways to make money ( including printing of currency itself )
The divide between rich and poor is increasing
THIS IS THE PROBLEM WHICH NEEDS TO BE ADDRESSED BY THE GOVERNMENT.
we need to develop a method by which a poor can become rich.
We need to set the upper limit of stock based on dividends and not decided by the market.
IF someone need to invest more, let him buy more stocks, but stock price will not increase when the demand increases.
=======================================
Suppose you are selling milk in some shop
and you do not get a shipment in time.
You will get the scarcity of milk in that shop.
But the shop cannot increase the price of the milk because the demand is high
The same is too for stocks as well
=======================================
( AUTOMATED ) SELLING AND BUYING OF STOCK SHOULD NOT INCREASE OR DECREASE THE PRICE OF THE STOCK.
THIS IS THE FUNDAMENTAL PROBLEM OF STOCK MARKET WHICH NEEDS TO BE ADDRESSED ASAP.
Currencies has to be Deprecated. We need to move to electronic cash.
Respected All,
sub:Currencies has to be Deprecated. We need to move to electronic cash.
There is a fundamental design problem with Currencies.
The Design is
1.Every currency is identified by a unique serial number
2.Every currency has a series of security features which makes it difficult to duplicate.
However with increasing economic crimes,
Once the currency is out, the same series ( serial number ) can be duplicated.
This is a functional design bug.
Now we have a few questions
How a ordinary man who is doing normal cash transaction with another person can ensure
1.The currency is genuine ( Security checks ) ?
2.It is not a duplicate ? ( I,e only one copy of it exists )
It is impossible to know the Security checks on a foreign currency and then it is unique ( not a duplicate)
In short, It is not humanly possible to do the checks and balances.
Hence our design of our current currency system is Wrong.
WE NEED TO MAKE ONE MORE LEGAL CHANGES IN THE WORLD.
ALL INTERNATIONAL TRAVELLERS SHOULD HAVE AT LEAST A INTERNATIONAL CHARGE CARD.
( IT HAS TO BE MADE MANDATORY FOR ALL TRAVELLERS )
IT IS TIME TO CHANGE.
All shops all over World ( esp the ones located in airports ) should have
a debit and credit card / charge card system and should do business only with cards.
I HAVE FOUND IN MANY SHOPS IN AIRPORTS LIKE MC DONALDS AND MANY OTHERS DO NOT ACCEPT CARDS.
THIS HAS TO BE FIXED FIRST.
Alternatively,
Another solution to make small payments would be
1.Make the Cell phone system to be global ( with roaming enabled )
2.You should be able to make a cell phone payment by sending a sms or calling a number and then using a denomination.
(This is how the cell phones are used in Europe - to make payments to automatic vending machines )
The same can be extended to shops as well.
WE NEED TO COMPLETELY ELIMINATE THE ( PAPER) CURRENCY
and convert it into electronic form ( like visa / master ) or any other card
a.Which could be doing centralised checks every time
b.Which can also notify the user the moment it is charged ( if needed )
This is the only way by which can fix all the currency problem in the World.
It is time to change and let us start doing it first.
sub:Currencies has to be Deprecated. We need to move to electronic cash.
There is a fundamental design problem with Currencies.
The Design is
1.Every currency is identified by a unique serial number
2.Every currency has a series of security features which makes it difficult to duplicate.
However with increasing economic crimes,
Once the currency is out, the same series ( serial number ) can be duplicated.
This is a functional design bug.
Now we have a few questions
How a ordinary man who is doing normal cash transaction with another person can ensure
1.The currency is genuine ( Security checks ) ?
2.It is not a duplicate ? ( I,e only one copy of it exists )
It is impossible to know the Security checks on a foreign currency and then it is unique ( not a duplicate)
In short, It is not humanly possible to do the checks and balances.
Hence our design of our current currency system is Wrong.
WE NEED TO MAKE ONE MORE LEGAL CHANGES IN THE WORLD.
ALL INTERNATIONAL TRAVELLERS SHOULD HAVE AT LEAST A INTERNATIONAL CHARGE CARD.
( IT HAS TO BE MADE MANDATORY FOR ALL TRAVELLERS )
IT IS TIME TO CHANGE.
All shops all over World ( esp the ones located in airports ) should have
a debit and credit card / charge card system and should do business only with cards.
I HAVE FOUND IN MANY SHOPS IN AIRPORTS LIKE MC DONALDS AND MANY OTHERS DO NOT ACCEPT CARDS.
THIS HAS TO BE FIXED FIRST.
Alternatively,
Another solution to make small payments would be
1.Make the Cell phone system to be global ( with roaming enabled )
2.You should be able to make a cell phone payment by sending a sms or calling a number and then using a denomination.
(This is how the cell phones are used in Europe - to make payments to automatic vending machines )
The same can be extended to shops as well.
WE NEED TO COMPLETELY ELIMINATE THE ( PAPER) CURRENCY
and convert it into electronic form ( like visa / master ) or any other card
a.Which could be doing centralised checks every time
b.Which can also notify the user the moment it is charged ( if needed )
This is the only way by which can fix all the currency problem in the World.
It is time to change and let us start doing it first.
Thursday, November 26, 2009
Diminishing Money Value needs removal of tax on interest earned on bank deposits and Bonds
Respected All,
Diminishing Money Value needs Tax reforms and removal of tax on interest earned on bank deposits and Bonds.
First of all, our measurment of Inflation has to be changed from WPI to Consumer Price INdex
like what it is done in other countries.
That is the only way we get a right number for the diminishing value of our money.
The biggest problem that we have now is the DIMINISHING VALUE OF MONEY.
IF the inflation is at 14% per week ( as per government ) and is steady, at the end of the day
the rupee's purchasing capacity comes down to 86 paise.
Having said this, it is required to make necessary tax reforms.
Government Bonds / Deposits in Bank Earn a max of 9% income on an average.
But our official inflation rate itself is at 14%.
Hence people are losing mone at the rate of 5% every year.
But, I see the inflation is at 100% in most of the commodities and
people are losing money at the rate of 50% every year.
Almost all prices have doubled in the last one month.
So, it is high time that Government senses this chnage and completely remove the tax on interest earned.
It is not even meeting the inflation rate in the real meaning.
So, please remove tax on interest earned in GOI / RBI /IDBI etc Bonds.
Also remove interest on Bank deposits.
There is a lot of discrepancy in the Government allowing no tax only for stock market.
THIS IS ALLOWING THE RICH TO BECOME RICHER AND POOR BECOMING POORER.
IF you can give a concession for the Stock market, why are you diching the other people
who has invested in Bank Deposits nad Bonds.
SINCE YOU ARE NOT TAXING THE PEOPLE WHO HAS INVESTED IN STOCK,
YOU HAVE NO RIGHT TO TAX ONLY ONE SEGMENT OF PEOPLE (ESPECIALLY THE POOR ) WHO HAS ACCESS TO
BANK DEPOSITS AND RARELY BONDS.
Secondly the bank deposits and Bonds have already been invested in the government funds.
You have already used that money for the growth. Why not the investors get benefited from it?
So, Please remove tax on interest earned from bank deposits and bonds.
Thanks and Regards,
N.Rajeaswar.
Diminishing Money Value needs Tax reforms and removal of tax on interest earned on bank deposits and Bonds.
First of all, our measurment of Inflation has to be changed from WPI to Consumer Price INdex
like what it is done in other countries.
That is the only way we get a right number for the diminishing value of our money.
The biggest problem that we have now is the DIMINISHING VALUE OF MONEY.
IF the inflation is at 14% per week ( as per government ) and is steady, at the end of the day
the rupee's purchasing capacity comes down to 86 paise.
Having said this, it is required to make necessary tax reforms.
Government Bonds / Deposits in Bank Earn a max of 9% income on an average.
But our official inflation rate itself is at 14%.
Hence people are losing mone at the rate of 5% every year.
But, I see the inflation is at 100% in most of the commodities and
people are losing money at the rate of 50% every year.
Almost all prices have doubled in the last one month.
So, it is high time that Government senses this chnage and completely remove the tax on interest earned.
It is not even meeting the inflation rate in the real meaning.
So, please remove tax on interest earned in GOI / RBI /IDBI etc Bonds.
Also remove interest on Bank deposits.
There is a lot of discrepancy in the Government allowing no tax only for stock market.
THIS IS ALLOWING THE RICH TO BECOME RICHER AND POOR BECOMING POORER.
IF you can give a concession for the Stock market, why are you diching the other people
who has invested in Bank Deposits nad Bonds.
SINCE YOU ARE NOT TAXING THE PEOPLE WHO HAS INVESTED IN STOCK,
YOU HAVE NO RIGHT TO TAX ONLY ONE SEGMENT OF PEOPLE (ESPECIALLY THE POOR ) WHO HAS ACCESS TO
BANK DEPOSITS AND RARELY BONDS.
Secondly the bank deposits and Bonds have already been invested in the government funds.
You have already used that money for the growth. Why not the investors get benefited from it?
So, Please remove tax on interest earned from bank deposits and bonds.
Thanks and Regards,
N.Rajeaswar.
Monday, November 23, 2009
Banks can make the Poor to Rich :- Governemnt has to enable this legally
Respected All,
We do not have enough instruments in the Banking segment to make a poor to Rich.
But we can design systems so that Individuals will take care of themselves.
By Legal and Administration we can fix the problem of Economy in India once and for ALL.
The problems of India is mostly legal and less of Economical / Finance in Nature.
Legal and administration has to support Economy/Finance in India.
India does not have social security like the US and invests heavily on the Pensions.
But, if the government comes out with clear instruments people can take care of the pension and Social Security.
GOVERNMENT DOES NOT HAVE TO SPEND FOR PENSION AND SOCIAL SECURITY.
According to the Standards defined and terms prevailing as of now,
People are said to be below poverty line if their income is less than $2 per head in India
And according to US it is $20,650 per year for a family of four persons.
IF in that Below poverty line a person decides to save Rs10 per day ( which is doable ) from his savings,
IF the saving is done for 60 years with 9% interest and compounded quarterly, The amount is 71 lakh or 7.1 millions.
( I have attached the Spread sheet to see the actual working ).
That is why I say that we need to have one account in all government banks which has
1.100% insured money for all deposits and interest earnings
2.No tax at the time of deposit and at the time of withdrawing from one account.
3.There should be no upper limit for investing money in that account ( for people may come in at any time/age).
The current PPF account is somewhat closer to this Ideology and for this account to work for India
1.The upper limit on the deposit on PPF account Must be removed completely.
THIS IS THE ONLY WAY THAT A POOR CAN BE RICH ( AT LEAST HE WILL BE ABLE TO LIVE WITH HIS OWN SAVINGS
WITHOUT GOVERNMENT HELPING IN IN THE FORM OF PENSION AND SOCIAL SECURITY )
IF you ask a person who is able to save Rs 10 a day is rich or poor, ( HE IS IN FACT RICH )
ALL INDIANS AND ALL THE WORLD IS RICH, WE ARE BEING LOOTED BY OUR GOVERNMENT AND IN FACT THE RICH.
We need to fix this for once and for all.
Our current system of defining the Below Poverty line is wrong from the above discussion.
We just needs to have government instruments to save money and to take care of ourselves in the future/old age.
With the current system of stock market and dumping all our savings and pension and pf etc into this stock
market, poor is becoming poor, A few Rich is becoming Rich and most Rich is also becoming poor due to inflation.
This has to be avoided for the future of India and we have to set the Indian Financial Institutions correct.
I do not know why government is always looking for taxation from the people of the country.
When you open up these systems, The money from the people is going to flow into the government as Principal
( Why do you need to collect tax ) You can invest the money into right products / projects and let the people of
India share the wealth with the growth of the country.
stock Market cannot grow indefinitely. With most of the products has been stabilized in the market,
The prices will continue to fall with all the man made products. This means, most of the companies will not
earn profit and constant merging of companies to cut cost will happen.
As the price keeps dropping many big and small companies which cannot compete will lose business and ultimately
need to close. Then we need to protect the National companies to protect against global competition.
IF finance of every Indian is fixed at least about 50% of problems of India is fixed.
We need to have a system where every poor is able to become rich ( just by saving Rs 10 ( ten rupee a day ).
This is possible only when government allows people to open a account completely without tax.
( with assured returns and Insurance for both deposit and interest )
Government will be getting enough deposits from this account.
Even if government has to mint money to pay for Interest, still it is fine.
The money is still with the government.
Government has to give options for the people to secure their lives.
First we need to migrate from WPI to Consumer Price index to measure Inflation
Then we need to control Inflation by addressing the core of the cost.
Then only we can see real growth in India.
Today the farmer is not benefited by the rise in price.
We need to declare the price of commodities on a weekly basis and that should be the only price
for commodities sold in India.
Today, all the middle men is getting the money. They are only rising the price of the commodity.
They are not contributing to the growth of the Nation or GDP.
India Government and Corporate India is not focussing on the actual problems of India.
The following projects has to be driven as national projects and I am not seeing any involvement of government
or corporate involvement in the same. They are
1.Solar power rural and urban
2.Solar plug in electric vehicle for urban and rural transport
3.Solar Water heater ( saves more than 60 to 70% of electricity produced in India)
to be made mandatory to all Indian houses.
4.Moving to LED and CFL based lighting since LED only consumes 10% as that of incandescent bulbs.
5.Creating electric hot plates and Induction stoves and cook ware ( since LPG will be extinct in next 10 years)
6.completely getting rid of Air conditioners in future to save power.
All these needs many companies and more investment.
once the Oil is exhausted,
about 98% of transport will be in peril. They cannot move.
By then we need to migrate to Electric.
( As it is we cannot even cook and eat, once the LPG is gone)
We have more projects of these kind which needs funding.
Government has to fund these projects ( which has to be obviously done by different companies )
So, Create one account for every Indian ( or convert PPF without any upper limit ) to save India.
For US, if a person Below poverty line can save $10 a day in 60years he will have US$7.1 million.
Is he poor or rich?
Who made him poor?
Why Not the government make every one rich by investing in such money for every citizen?
At least the government should create a account so that each citizen can use that account and be benefited by it.
We do not have enough instruments in the Banking segment to make a poor to Rich.
But we can design systems so that Individuals will take care of themselves.
By Legal and Administration we can fix the problem of Economy in India once and for ALL.
The problems of India is mostly legal and less of Economical / Finance in Nature.
Legal and administration has to support Economy/Finance in India.
India does not have social security like the US and invests heavily on the Pensions.
But, if the government comes out with clear instruments people can take care of the pension and Social Security.
GOVERNMENT DOES NOT HAVE TO SPEND FOR PENSION AND SOCIAL SECURITY.
According to the Standards defined and terms prevailing as of now,
People are said to be below poverty line if their income is less than $2 per head in India
And according to US it is $20,650 per year for a family of four persons.
IF in that Below poverty line a person decides to save Rs10 per day ( which is doable ) from his savings,
IF the saving is done for 60 years with 9% interest and compounded quarterly, The amount is 71 lakh or 7.1 millions.
( I have attached the Spread sheet to see the actual working ).
That is why I say that we need to have one account in all government banks which has
1.100% insured money for all deposits and interest earnings
2.No tax at the time of deposit and at the time of withdrawing from one account.
3.There should be no upper limit for investing money in that account ( for people may come in at any time/age).
The current PPF account is somewhat closer to this Ideology and for this account to work for India
1.The upper limit on the deposit on PPF account Must be removed completely.
THIS IS THE ONLY WAY THAT A POOR CAN BE RICH ( AT LEAST HE WILL BE ABLE TO LIVE WITH HIS OWN SAVINGS
WITHOUT GOVERNMENT HELPING IN IN THE FORM OF PENSION AND SOCIAL SECURITY )
IF you ask a person who is able to save Rs 10 a day is rich or poor, ( HE IS IN FACT RICH )
ALL INDIANS AND ALL THE WORLD IS RICH, WE ARE BEING LOOTED BY OUR GOVERNMENT AND IN FACT THE RICH.
We need to fix this for once and for all.
Our current system of defining the Below Poverty line is wrong from the above discussion.
We just needs to have government instruments to save money and to take care of ourselves in the future/old age.
With the current system of stock market and dumping all our savings and pension and pf etc into this stock
market, poor is becoming poor, A few Rich is becoming Rich and most Rich is also becoming poor due to inflation.
This has to be avoided for the future of India and we have to set the Indian Financial Institutions correct.
I do not know why government is always looking for taxation from the people of the country.
When you open up these systems, The money from the people is going to flow into the government as Principal
( Why do you need to collect tax ) You can invest the money into right products / projects and let the people of
India share the wealth with the growth of the country.
stock Market cannot grow indefinitely. With most of the products has been stabilized in the market,
The prices will continue to fall with all the man made products. This means, most of the companies will not
earn profit and constant merging of companies to cut cost will happen.
As the price keeps dropping many big and small companies which cannot compete will lose business and ultimately
need to close. Then we need to protect the National companies to protect against global competition.
IF finance of every Indian is fixed at least about 50% of problems of India is fixed.
We need to have a system where every poor is able to become rich ( just by saving Rs 10 ( ten rupee a day ).
This is possible only when government allows people to open a account completely without tax.
( with assured returns and Insurance for both deposit and interest )
Government will be getting enough deposits from this account.
Even if government has to mint money to pay for Interest, still it is fine.
The money is still with the government.
Government has to give options for the people to secure their lives.
First we need to migrate from WPI to Consumer Price index to measure Inflation
Then we need to control Inflation by addressing the core of the cost.
Then only we can see real growth in India.
Today the farmer is not benefited by the rise in price.
We need to declare the price of commodities on a weekly basis and that should be the only price
for commodities sold in India.
Today, all the middle men is getting the money. They are only rising the price of the commodity.
They are not contributing to the growth of the Nation or GDP.
India Government and Corporate India is not focussing on the actual problems of India.
The following projects has to be driven as national projects and I am not seeing any involvement of government
or corporate involvement in the same. They are
1.Solar power rural and urban
2.Solar plug in electric vehicle for urban and rural transport
3.Solar Water heater ( saves more than 60 to 70% of electricity produced in India)
to be made mandatory to all Indian houses.
4.Moving to LED and CFL based lighting since LED only consumes 10% as that of incandescent bulbs.
5.Creating electric hot plates and Induction stoves and cook ware ( since LPG will be extinct in next 10 years)
6.completely getting rid of Air conditioners in future to save power.
All these needs many companies and more investment.
once the Oil is exhausted,
about 98% of transport will be in peril. They cannot move.
By then we need to migrate to Electric.
( As it is we cannot even cook and eat, once the LPG is gone)
We have more projects of these kind which needs funding.
Government has to fund these projects ( which has to be obviously done by different companies )
So, Create one account for every Indian ( or convert PPF without any upper limit ) to save India.
For US, if a person Below poverty line can save $10 a day in 60years he will have US$7.1 million.
Is he poor or rich?
Who made him poor?
Why Not the government make every one rich by investing in such money for every citizen?
At least the government should create a account so that each citizen can use that account and be benefited by it.
Thursday, November 19, 2009
Prime Minister of India must have a vision and Mission
Prime Minister of India must have a vision and Mission which is Noble and for the people of India.
India is above parties. We should be above political parties.
It is only for this reason he has been elected and sent to the parliament.
IF you just fix one thing In India ( Finance ) India will be fine for ever.
You are from Finance and you should do it.
Fix PPF:
Remove the upper limit on PPF.
It can serve as pension fund.
The existing infrastructure can support it.
ALL investment in PPF with interest is fully withdrawable by the depositor.
This one thing can solve the India's Finance Problem one and All.
India is above parties. We should be above political parties.
It is only for this reason he has been elected and sent to the parliament.
IF you just fix one thing In India ( Finance ) India will be fine for ever.
You are from Finance and you should do it.
Fix PPF:
Remove the upper limit on PPF.
It can serve as pension fund.
The existing infrastructure can support it.
ALL investment in PPF with interest is fully withdrawable by the depositor.
This one thing can solve the India's Finance Problem one and All.
Severe Problems For India/World in Next 10 years
Severe Problems For India/World in Next 10 years.
Within the next 10 years we will run out of Fossil Fuel ( Petroleum ).
Countries like India where most of the fuel is imported will face acute scarcity.
1.Entire Urban population ( both household and Industry )is using LPG for cooking.
( This will not be available )
===> No one will be able to cook or EAT. This is a serious problem and needs to be addressed ASAP.
It might appear that we can migrate to electricity. But it is not so.
What is the urban population of India and how many electric hot plates to be made?
How many companies are there in India and how much they have to produce per day?
It is enormous and it could not be met.
2.The entire Road based transport, Buses, cars, two wheelers will be stopped for once and all.
People will not be able to commute.
No One will be able to do any work because they could not move out of their home.
Solutions
1.Move all the water heaters to solar water heater for more than 70% of urban power consumption is electric geysers.
2.Manufacture enough electric hot plates for cooking ( All cooking ware also to be converted )
3.Alternatively make Induction stove and cookware changes so that urban population can cook food.
The above changes has to be done immediately
4.Stop manufacturing petrol and diesel based cars and buses and two wheelers
5.Start manufacturing Solar Plug in electric vehicles.
6.Create solar farms based on thin film solar cells all over india. India has high sunshine.
7.Completely eliminate the use of Air conditioners ( they take maximum power per home)
8.Abandon all copper and Aluminium chokes for lighting and user electronic chokes for florescent tubes.
Without these changes it is not possible to sustain our civilization in this world.
Please start working on this changes.
These can fix the problem of India ( and the world ).
Within the next 10 years we will run out of Fossil Fuel ( Petroleum ).
Countries like India where most of the fuel is imported will face acute scarcity.
1.Entire Urban population ( both household and Industry )is using LPG for cooking.
( This will not be available )
===> No one will be able to cook or EAT. This is a serious problem and needs to be addressed ASAP.
It might appear that we can migrate to electricity. But it is not so.
What is the urban population of India and how many electric hot plates to be made?
How many companies are there in India and how much they have to produce per day?
It is enormous and it could not be met.
2.The entire Road based transport, Buses, cars, two wheelers will be stopped for once and all.
People will not be able to commute.
No One will be able to do any work because they could not move out of their home.
Solutions
1.Move all the water heaters to solar water heater for more than 70% of urban power consumption is electric geysers.
2.Manufacture enough electric hot plates for cooking ( All cooking ware also to be converted )
3.Alternatively make Induction stove and cookware changes so that urban population can cook food.
The above changes has to be done immediately
4.Stop manufacturing petrol and diesel based cars and buses and two wheelers
5.Start manufacturing Solar Plug in electric vehicles.
6.Create solar farms based on thin film solar cells all over india. India has high sunshine.
7.Completely eliminate the use of Air conditioners ( they take maximum power per home)
8.Abandon all copper and Aluminium chokes for lighting and user electronic chokes for florescent tubes.
Without these changes it is not possible to sustain our civilization in this world.
Please start working on this changes.
These can fix the problem of India ( and the world ).
Wednesday, November 4, 2009
Money has to fixed First before transport and communication
Respected All,
IF you need to fix anything in the World First you need to fix it in the United States.
IF you want the World to be Safe for the future and free from corruption and Terrorism,
You need to Monitor three things
1. Money
2. Transportation
3. Communication
To Fix this, First thing you need to stop the money flow ( and you can somehow handle transport and communication )
The need is to completely eliminate the flow of money ( currency ).
You have to stop accepting currencies ( and allow ATMs only to do some banking transactions ).
Step by Step we need to completely eliminate acceptance of currencies for all transactions
and do them only via Cards ( either debit or credit ).
THIS IS THE ONLY WAY TO ENSURE PEACE IN THE WORLD.
Without fixing this Money issue we cannot progress towards a peaceful world.
Now that, you have got the Nobel Prize for Peace, You need to take this further.
Ideally, We need to completely eliminate cash in the World and everything has to be routed through Banks
especially cards through visa and master ( and more of this kind ) which is universally traceable.
Please take Bold Steps to completely eliminate cash in US ASAP.( IN less than one year ).
Once you fix these, We can also propose a International Logical Currency ( Never Minted) ( Gold currency )
as I have mentioned it in the following URL to fix the World's Global Economic needs.
http://yba3cu2o7b.blogspot.com/2008/10/money-universal-force-needs-one-law-and.html
Please eliminate cash ( currency ) from USA as the first step.
There is a second Major Issue which is leading to Economic Crimes in the World.
This is completely un checked so far.
According to the information in the Net, officially US has stopped minting the currencies of higher denomination.
I recently saw in one Indian channel, that US Currency of $2000 (or 1000 )is being Minted and to my knowledge it is
completely Illegal ( It is not even a standard currency of USA so far as per net - wiki)
I am sure, Since this is true, USA ( or anyone ) has no control of currencies minted in other countries / persons elsewhere
in the World. An Average person (Including me) is unable to differentiate the original from Fake
( of even the Indian currency)
So, I am sure that there is Billions and Trillions of US currency which is not even minted by USA.
I have lived in Singapore and every shop there is a currency exchanger ( 94-96).
I have seen people exchanging currency in bag full of currency like Indian Rupee and US Dollar.
IF this is the case with one shop in one country, I am sure, there is trillions out there
which has been minted not even by the respective country.
IN the time of Economic Crimes, we should completely Eliminate Currency ( in its current form ).
It is time that we switch to electronic form and handle all these aberrations.
For India,
Completely eliminate 500 and 1000 rupees currency ASAP.
For anyone who does a single transaction in 500 and 1000 should use bank card or cheque.
All of rest of Population should use max of 100 as the highest value.
( USA has stopped Minting currency more than $100 and stopped high value currency before many years )
GOVT OF INDIA HAS TO SUPPLY FAKE CURRENCY NOTE DETECTOR TO ALL BANKS (AND THOSE WHO LOAD ATM)
I found one product from a company which can help India.
http://www.paradigmcashsystems.com/
Thier product Paradigm EXC 6700-I might help.
It is time now to eliminate the ( Currency ) from all the parts of the World.
Let US Start it first.
Let All countries remove the higher denominations first.
We will head to a safe World Soon.
Thanks and Regards,
N.Rajeaswar.
IF you need to fix anything in the World First you need to fix it in the United States.
IF you want the World to be Safe for the future and free from corruption and Terrorism,
You need to Monitor three things
1. Money
2. Transportation
3. Communication
To Fix this, First thing you need to stop the money flow ( and you can somehow handle transport and communication )
The need is to completely eliminate the flow of money ( currency ).
You have to stop accepting currencies ( and allow ATMs only to do some banking transactions ).
Step by Step we need to completely eliminate acceptance of currencies for all transactions
and do them only via Cards ( either debit or credit ).
THIS IS THE ONLY WAY TO ENSURE PEACE IN THE WORLD.
Without fixing this Money issue we cannot progress towards a peaceful world.
Now that, you have got the Nobel Prize for Peace, You need to take this further.
Ideally, We need to completely eliminate cash in the World and everything has to be routed through Banks
especially cards through visa and master ( and more of this kind ) which is universally traceable.
Please take Bold Steps to completely eliminate cash in US ASAP.( IN less than one year ).
Once you fix these, We can also propose a International Logical Currency ( Never Minted) ( Gold currency )
as I have mentioned it in the following URL to fix the World's Global Economic needs.
http://yba3cu2o7b.blogspot.com/2008/10/money-universal-force-needs-one-law-and.html
Please eliminate cash ( currency ) from USA as the first step.
There is a second Major Issue which is leading to Economic Crimes in the World.
This is completely un checked so far.
According to the information in the Net, officially US has stopped minting the currencies of higher denomination.
I recently saw in one Indian channel, that US Currency of $2000 (or 1000 )is being Minted and to my knowledge it is
completely Illegal ( It is not even a standard currency of USA so far as per net - wiki)
I am sure, Since this is true, USA ( or anyone ) has no control of currencies minted in other countries / persons elsewhere
in the World. An Average person (Including me) is unable to differentiate the original from Fake
( of even the Indian currency)
So, I am sure that there is Billions and Trillions of US currency which is not even minted by USA.
I have lived in Singapore and every shop there is a currency exchanger ( 94-96).
I have seen people exchanging currency in bag full of currency like Indian Rupee and US Dollar.
IF this is the case with one shop in one country, I am sure, there is trillions out there
which has been minted not even by the respective country.
IN the time of Economic Crimes, we should completely Eliminate Currency ( in its current form ).
It is time that we switch to electronic form and handle all these aberrations.
For India,
Completely eliminate 500 and 1000 rupees currency ASAP.
For anyone who does a single transaction in 500 and 1000 should use bank card or cheque.
All of rest of Population should use max of 100 as the highest value.
( USA has stopped Minting currency more than $100 and stopped high value currency before many years )
GOVT OF INDIA HAS TO SUPPLY FAKE CURRENCY NOTE DETECTOR TO ALL BANKS (AND THOSE WHO LOAD ATM)
I found one product from a company which can help India.
http://www.paradigmcashsystems.com/
Thier product Paradigm EXC 6700-I might help.
It is time now to eliminate the ( Currency ) from all the parts of the World.
Let US Start it first.
Let All countries remove the higher denominations first.
We will head to a safe World Soon.
Thanks and Regards,
N.Rajeaswar.
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