Instead of PRINT MORE MONEY, it's LET'S GRAB THAT GOLD.
are resisting divulging their gold holdings - perhaps nearly half the
amount held in Fort Knox - amid mistrust of the motives of authorities
who are trying to cut a hefty import bill that is hurting the economy."
(MISTRUST, UMMM YEAH, YA THINK??)
"The Reserve Bank of India
(RBI), which has already taken steps that have slowed to a trickle the
incoming supplies that have exacerbated India's current account deficit,
has sent letters to some of the country's richest temples asking for
details of their gold."
"It says the inquiries are simply data collection, but Hindu groups are up in arms."
gold stored in temples was contributed by devotees over thousands of
years and we will not allow anyone to usurp it," said V Mohanan,
secretary of the Hindu nationalist Vishwa Hindu Parishad organisation in
Kerala, in a statement."
So, good luck with that, Indian government.