Recently – on Sept 20th – Reserve Bank of India (India’s Central Bank) raised the interest rates to combat rampant inflation in India. That came up during the discussion on Currencies on CNBC’s Squawk Box. Co-hosts Joe Kernen, Becky Quick, and Andrew Ross Sorkin started discussing, where Becky even said she had some Rupees in her purse from her last visit to India. And, then Joe Kernen gets on with his mimicry act on Indians and jokes about the 7 Eleven’s.
Becky does try to shut his racial ride which he stops after taunting Andrew at being “nervous”.
Guess more and more networks seem to be getting the “Fox TV” attitude and manner of handling racial discussions.
Here is the transcript:
QUICK: I think I have rupees in my wallet right now.
KERNEN: From your trip?
QUICK: No, I think I honestly do from the last time I was in India.
QUICK: Yeah, I think I might. Hold on.
KERNEN: You got a rupee in your wallet?
QUICK: I think I do.
SORKIN: That sounds a little, um.
KERNEN: You’ve got to be kidding. There is the rupee chart, just in case you were wondering where the rupee is. The dollar had been soaring, look what happened when we said we were going to keep pumping.
QUICK: I do.
KERNEN: Becky’s got a rupee.
SORKIN: A rupee!
QUICK: Here’s a fifty and a ten.
SORKIN: How much are those worth, do we know?
QUICK: I don’t remember.
SORKIN: Look at Gandhi.
KERNEN: Well, ones worth ten and one’s worth fifty, what do you mean?
SORKIN: Gandhi’s on the rupee. Look at that.
KERNEN: Gandhi. Gandhi. Now. No, I can’t make any jokes about that, I mean do they take –
KERNEN: No I can’t do it. I was going to say something.
QUICK: Please don’t.
KERNEN: I really can’t?
QUICK: No, you can’t.
KERNEN: Are they good at 7-11?
KERNEN: Alright, alright, I won’t. Let’s look at the – people say that all the time. Right? Oh, you’re nervous.
SORKIN: They do. They do say that all the time.
KERNEN: They do. They say it all the time.
QUICK: It’s insulting.
SORKIN: I’ve heard that.
KERNEN: It is. Alright, I’m sorry, I take it back. I apologize, before I have to.