Smita Pani: [World Malayali Club] The Quantum Agony

Thursday 14 April 2016

[World Malayali Club] The Quantum Agony

Part II—Structural Injustice—The Quantum Agony

Suppose you took a fixed deposit of say Rs one hundred and used another hundred to buy gold. Suppose the rate of inflation is always only ten per cent.

Now the principal value of the two will change as follows:

Fixed Deposit Gold

At the end of the first year Rs 90/- Rs 110/-

At the end of second year Rs 80/- Rs 121/-

At the end of the third year Rs 70/- Rs 123.10

By the end of the tenth year the real value of the fixed deposit will be nil. But the real value of the gold will rise proportionately and the principal value is never lost. If you buy a piece of land then the small amount say Rs one lakh sky rockets to three or four lakhs and then to Rs ten lakhs etc. In relation the Fixed Deposit becomes a subject of the vacuum study in Physics as it simply becomes a part of the Microcosm. As a subject of QM, it fills the bill wonderfully because; the element of consciousness needed in QM is filled by the agony the Fixed Depositor suffers from.

The element of agony is maintained continuously as the interest though always lower than inflation is included in the taxable income. Fixed Deposits thus go from the Macro to the Micro and then to the vacuum with consciousness continuously entangled. One can actually write a treatise on the great junction between QM and FD consciousness---say under the heading Quantum Agony.