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About Amit Varma

Amit Varma is a writer based in Mumbai. He worked in journalism for over a decade, and won the Bastiat Prize for Journalism in 2007. His bestselling novel, My Friend Sancho, was published in 2009. He is best known for his blog, India Uncut. His current project is a non-fiction book about the lack of personal and economic freedoms in post-Independence India.




Bastiat Prize 2007 Winner

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22 March, 2007

The newest currency in town: The Raam

The BBC informs us about a new currency started by a group called the Global Country of World Peace, set up by Maharishi Mahesh Yogi, called the Raam. Check it out:

image

The currency is being used as unofficial tender in Holland, as well as in the Maharishi Vedic City in the US state of Iowa. All quite droll, and I’m particularly amused by this bit:

Benjamin Feldman, ‘Minister of Finance’ of the Maharishi movement, told BBC News Online the raam could be used to battle poverty and create world peace.

He said governments could use the raam to start up agricultural and other development projects around the world.

Perhaps Mr Feldman and his followers function in a spiritual realm where the traditional laws of economics do not apply. A bit like R’lyeh, maybe, with its famously non-Euclidean geometry.

I think there should be a Cthulhu currency.

(BBC link via email from Prabhu.

Previous posts on Eldritch horror: 1, 2, 3, 4, 5, 6, 7, 8, 9, 10.)

Posted by Amit Varma in Miscellaneous

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