Hallelujah, India is the most perfect economy in the world. A substandard flat built by the Delhi Development Authority cost just over Rs. 3 million five years back but is now a cool Rs. 17 million. The Sensex has risen from around 3000 about two years ago to over 16000 two days back, after the FED rate cut and the talk is of 19000 soon. Vegetable prices have more than doubled in the last year and prices of commodities such as cement and steel are up about 50%. Basmati rice, which sold for Rs. 35 a kilo last year, cost Rs. 48 a few days ago. Potatoes were Rs. 10 last year but are Rs. 24 today. the list goes on. Miraculously and fortunately the government's inflation figure remains at around 5% year on year. Thank God for that. Had the inflation been any higher the beloved aam aadmi would have suffered terribly. Even at 5% India's inflation is twice that of the US. Unlike China, which has huge fiscal surplus, India runs a current account deficit due to increased import of capital goods and increasing oil prices. With all these figures you would expect the rupee to fall in value against the dollar but, in fact, the opposite is happening. The rupee has strengthened from 48 to 40 against the dollar and fell below 40 in yesterday's trading. The wise govt. is bailing out the exporters who are used to a continually depreciating rupee and are bleating in distress. All this is down to the wise policies of our genius politicians. I owe a sincere apology to Goldilocks. I did not think she existed.