Economic Scorched Earth Policy

From 1920-1945, Britain followed an economic scorched earth policy which annihilated India economy. By a measure of 3 simple steps, they transferred significant wealth from India. They decreased silver prices (by dumping silver, in concert, with Western nations), created a "money famine" and devalued the Indian rupee in relation to gold. Thus Indian exports got very little gold, exports from Britain were to be paid at an exorbitant price and money could only be borrowed at a high cost. More sources and details at Indian Gold Reserves - Unknown History, Lost Opportunity. The sheer cold-bloodedness makes horrific reading.

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