SUGGESTION TO THE BANK OF ENGLAND GOVERNOR SIR MERVYN KING To:               The Right Honorable Bank of England Governor Sir Mervyn King   From:           Athinarayanan Sanjeevraja Date:            October 17, 2011 RE:               QE Suggestion:    Identify and correct the fundamental factors that are behind low economic growth.  Good Morning Sir. The Bank of England has decided to undertake more QE. I agreed that during the financial crisis of 2007-2008 monetary policy was effective in re-establishing liquidity in the main developed economies especially US, UK and Europe. But current economic conditions in developed economies reveal problems whose solutions are far beyond the scope of monetary an...

SUGGESTION TO THE FEDERAL CONSTITUTIONAL COURT, GERMANY  To:               The Right Honorable Federal Constitutional Court Vice President  From:           Athinarayanan Sanjeevraja Date:            05.10.2011 RE:               Issuance of Eurobond   Suggestion:    Approval of Issuing Eurobond Good Morning Prof. Dr. Kirchhof. I am writing to express that Federal constitutional court explicitly rules out Eurobonds a few weeks ago. In addition you had warned, Ms. Angela Merkel, a Chancellor of the Federal Republic of Germany, never again to propose Eurobond. This is certainly not good news for me as well as Europe. German brothers and sisters in the Euroland must help in this difficult moment with iss...

SUGGESTION TO THE PRIME MINISTER OF JAPAN YOSHIHIKO NODA To: The Right Honorable Japanese Prime Minister Yoshihiko Noda From: Athinarayanan Sanjeevraja Date: 30.09.2011 RE: Japan Energy Policy Suggestion: Changing Industrial Policy Good Morning Prime Minister. BBC World broadcasted your speech regarding alternate energy sources. I agree with your approach to reduce nuclear power in the medium term because having the nuclear reactors in an earthquake prone zone is not safe for the environment or the communities that live near them. Japan is struck in a difficult situation concerning energy. If you want to eventually move away from the nuclear energy, you’ll have to invest more alternative energy sources. If you can’t invest, then it may have to say with a nuclear power for a while. You need make the right decision because source of energy is dwindling. You have one more option which is Japanese people depend on nuclear power with only 1% but 9% including hydroe...

SIR JOHN VICKERS UK BANKING SECTOR REFORM – A COMPREHENSIVE ANALYSIS To:                The Right Honorable Chancellor of the Exchequer  From:             Athinarayanan Sanjeevraja  Date:             September 27, 2011 RE:                Britain Banking Sector Reform Suggestion: Good Morning Chancellor. I just read the fine print of Sir John Vickers report. He suggests structural separation of the country’s banks into two parts retail and commercial banks bits. The principle of separating retail and commercial banking is sound. Indeed legal separation improver safety of retail banks. The entire separation might provide the strongest firewall to protect retail banking services from contagion effects of external shocks. I ...

SUGGESTION TO THE SWISS NATIONAL BANK PRESIDENT PHILIPP HILDEBRAND To:                        The Right Honorable Swiss National Bank President Philipp Hildebrand From:                     Athinarayanan Sanjeevraja Date:                     September 20, 2011. RE:                        Swiss Franc Valuation Suggestion:             Increase money supply, lend to other European countries.       Good Morning President. When I wrote to you regarding rise i...

To:                        The Right Honorable American President Barack Obama From:                      Athinarayanan Sanjeevraja RE:                        US Jobs Act Suggestion:             Improving Consumer Demand Good Morning President. We had a power outage in India. I couldn’t watch your’s US Jobs Act speech live. I watched it later at night once the power came back on but halfway through the speech. Obviously, I had pay more attention to the structure of your speech. I found it underwhelming. You want to spend now $447 billion to keep the job situation from becoming ...

To:                The Right Honorable Federal Reserve Chairman Ben Bernanke  From:            Athinarayanan Sanjeevraja RE:                Restructuring the American economy Suggestion:     Encouraging domestic investment  Good Morning Chairman. In my opinion, structural economic problems can not be fixed by monetary policies especially QEs. QE can temporarily ease but growth will not return until sound economic structure is put in place.   You argued that White House need to address the medium term fiscal mess while leaving room to cushion the economy now.   In my opinion both fiscal and monetary policies are at the end of the rope.  American economy needs more debt fueled consumer spending which creates economic activity as well as jobs. It...