I am rewriting my earlier tweet threads about British complicity in creation of Bengal famine.
This has references to the literature and primary sources.
Britain was carried by India through the world wars. #BengalFamine#Colonialism
Indian armed forces grew from 189,000 in 1939 to 2,500,000 in 1945!
India massively carried Britain on her shoulders.
War economics of primary producing countries
by A. R. Prest (1948)
Britain promised to share the costs.
The deal was that India would incur the costs first and then UK would provide sterling credits later.
Britain was penniless at that time and India bore the costs.
(Refer: Churchill's secret war, Madhusree Mukerjee)
But Britain provided paper currency instead of sterling (silver)
The result was Money supply went up by 7 times. (700%)
Compare this to money supply growth in India during covid- hardly 1/4 times. (25%)
Re: War Economics of Primary Producing Countries, Prest
Here is the snapshot of the money supply from the RBI figures. Just note how money supply went up by 666 percent between Aug 1939 and June 1945.
When money supply of paper currency is increased it results in inflation. This is exactly what happened.
There was inflation running into triple digits.
Defense expenditure went up by 1700%. It was not even our war.
Britain stole from India.
Now we come to Bengal.
Bengal was to British Empire, what Ukraine is to current Europe.
Bengal used to supply grains to Asia. British were afraid that INA will free Bengal.
So British not only stole rice, but also burnt what they could not ship to Europe!
Britain was afraid that Japanese will invade from the east, so all the grain stored in the east was either diverted to WW effort in Europe or simply burnt or destroyed.
Result was scarcity.
See how the prices moved up on eastern side.
This resulted in Bengal Famine. And millions died because of starvation.
India suffered the biggest casualty of the WW2.
However, "developmental economists" have ignored this smoking gun.
Amartya Sen (Nobel laureate) fudged that Bengal Famine happened because of hoarding of food by Mawaris.
Amartya Sen absolved British complicity in the crisis they created.
As per Amartya Sen there was no scarcity of rice!
If there was no scarcity of rice, why did the prices go up. Immediate attention should be on money supply. Since Britain reneged on the promise of silver and instead paid in paper currency, there was massive inflation. It is this inflation that created starvation.
Amartya Sen to prove his theory quoted the official shortfall from the official records at 140,000 tons. However, the document he referred to lists the short fall at 1,400,000 tons!
Amartya Sen argues that it was the entitlement that led to starvation!
More about that later.
But a factual error needs to be addressed first.
Refer to the highlighted figure.
Ref: Poverty and Famines, An Essay on Entitlement and Deprivation - By Amartya Sen
Amartya Sen quotes Document 330, in Transfer of Power.
I have soft copy of all the documents with OCR run on them.
Here is the document screenshot.
A shortage of 1,400,000 tons in the official figures was cast down as shortage of 140,000 tons by Amartya Sen (Nobel Laureate)
When asked about this, he said it was a typo!
We have typos in "order of magnitude"!
Imagine the other fudging done by the "developmental economists"
I have already provided the Money supply figures.
Claim that Bengal Famine was due to entitlement of Indians and not due to British design is false.
British engineered a famine in India to make it harder for INA and Japanese army to make advances into Eastern India.
Indian were expendable for colonials.
And Amartya Sen fudged his theories.
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Cilantro is called Dhānyaka (धान्यक) in Sanskritam. That is how we have the name Dhaniya!
Reference to Dhānyaka (धान्यक) is made under Jvaracikitsā (or “the treatment of fever”) which is part of the 7th-century Mādhavacikitsā, a Sanskrit classical work on Āyurveda.
Vasco came to the party much later and he came to the party empty handed!
But when did the party actually begin!
US must understand that systemic racism still exists.
Reporters must connect the dots and provide the origin of these country quotas.
Country quotas are the favorite tool of a racist.
Beginning 1803 black immigration to America was banned using country quotas. Now we know it was wrong.
In 1882 Chinese Exclusion Act banned immigration of Chinese using similar country quotas. Now we know it was wrong. In fact congress rescinded this 1943!
This is a cuneiform tablet from 1350 BC.
It is a letter communication from Tushratta of Mitanni to Amenhotep III of Egypt negotiating a royal marriage!
Sounds like King Dasharatha.
Read the whole thread. All references are given. #Diwali in Egypt
The tablet is currently in British Museum. (Where else?)
Here is the museum tag if you want to look it up yourself.
Treasure Island is an allegory to City of London. Read this excellent book when you have time. For those who do not have time. I will summarize.
This the dark heart of Britain, the place where democracy goes to die, immensely powerful, equally unaccountable. But British do not know how City of London works
UPI is going to be the biggest disruptor in the finance. Let me explain.
The simplicity of UPI is it's strength. It is closest to cash. You can see money in your wallet. And you use it as though you are exchanging money.
Credit cards have a dissonant experience. UPI wins.
UPI uses the technology inflection to reduce the cost, traditional cards incur many costs due to interchanges and risk of promising credit with insufficient information.