..........The sword of Damocles of a run on the rupee hanging over the Indian economy would be no bad thing. Instead of being annoyed with Ben Bernanke for the mayhem inflicted on the Indian economy, the responsible elements within this government should perhaps send a thank-you note to him for helping them stave off the fiscal profligates. Hoover Ben, as opposed to Helicopter-drop Ben, may be just the right person to save this government from its political, populist self.
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