Saturday, August 20, 2016

Establishment Bankster Tool Named to Head India's Central Bank



Urjit Patel has been appointed as the next Governor of  India's central bank, the Reserve Bank of India.

A total establishment tool, Patel Patel has a BA from the London School of Economics and obtained M. Phil. degree from Oxford University in 1986. He received his doctorate in Economics from Yale University in 1990.

As deputy governor of RBI, Patel has headed a committee that introduced landmark changes including a switch to the wacko Milton Friedman inspired inflation-targeting that is all the rage among central bankers.

He has worked with the International Monetary Fund between 1990 and 1995.

Prior to his appointment as the Deputy Governor at RBI in 2013, Patel was an advisor for the economic hitman outfit Boston Consulting Group.

-RW

(ht Felix Bronstein)

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