Comments on: The dilemma of Reserve Bank of India http://www.reasonforliberty.com/economy/the-dilemma-for-reserve-bank-of-india.html Because everything has a reason! Sat, 14 Jan 2012 17:52:12 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Electrified http://www.reasonforliberty.com/economy/the-dilemma-for-reserve-bank-of-india.html#comment-4294 Electrified Thu, 29 Jul 2010 05:12:46 +0000 http://www.reasonforliberty.com/?p=1649#comment-4294 I'm have no working knowledge of our economy, but by reading the newspaper, watching tv interviews/propaganda etc...i could sense that the Government or RBI does not care about people. If it did, the fundamental trait of money/finance would not have been "scarcity" = "profits". The Federal Bank/World bank/IMF are our real leaders. Rest of us are sucking upto them. Politicians who tried to revolt are either killed/overthrown. What happened to the ppl in gulf who went against the establishment...they got branded as "Terrorists". People have this really bad thing called "Hope" that deludes them into thinking it will all be better one day, i think. what happens if half a billion of our country men/women...quit jobs/military, boycotted political/financial lobby's? it certainly has'nt been tried and it can be no worse than what it already is. just my.2 paisa I’m have no working knowledge of our economy, but by reading the newspaper, watching tv interviews/propaganda etc…i could sense that the Government or RBI does not care about people.
If it did, the fundamental trait of money/finance would not have been “scarcity” = “profits”.
The Federal Bank/World bank/IMF are our real leaders. Rest of us are sucking upto them. Politicians who tried to revolt are either killed/overthrown. What happened to the ppl in gulf who went against the establishment…they got branded as “Terrorists”.
People have this really bad thing called “Hope” that deludes them into thinking it will all be better one day, i think. what happens if half a billion of our country men/women…quit jobs/military, boycotted political/financial lobby’s? it certainly has’nt been tried and it can be no worse than what it already is.
just my.2 paisa

]]> By: Electrified http://www.reasonforliberty.com/economy/the-dilemma-for-reserve-bank-of-india.html#comment-4293 Electrified Thu, 29 Jul 2010 05:12:27 +0000 http://www.reasonforliberty.com/?p=1649#comment-4293 I'm have no working knowledge of our economy, but by reading the newspaper, watching tv interviews/propaganda etc...i could sense that the Government or RBI does not care about people. If it did, the fundamental trait of money/finance would not have been "scarcity" = "profits". The Federal Bank/World bank/IMF are our real leaders. Rest of us are sucking upto them. Politicians who tried to revolt are either killed/overthrown. What happened to the ppl in gulf who went against the establishment...they got branded as "Terrorists". People have this really bad thing called "Hope" that deludes them into thinking it will all be better one day, i think. what happens if half a billion of our country men/women...quit jobs/militiary, boycotted political/financial lobby's? it certainly has'nt been tried and it can be no worse than what it already is. just my.2 paisa I’m have no working knowledge of our economy, but by reading the newspaper, watching tv interviews/propaganda etc…i could sense that the Government or RBI does not care about people.
If it did, the fundamental trait of money/finance would not have been “scarcity” = “profits”.
The Federal Bank/World bank/IMF are our real leaders. Rest of us are sucking upto them. Politicians who tried to revolt are either killed/overthrown. What happened to the ppl in gulf who went against the establishment…they got branded as “Terrorists”.
People have this really bad thing called “Hope” that deludes them into thinking it will all be better one day, i think. what happens if half a billion of our country men/women…quit jobs/militiary, boycotted political/financial lobby’s? it certainly has’nt been tried and it can be no worse than what it already is.
just my.2 paisa

]]> By: Electrified http://www.reasonforliberty.com/economy/the-dilemma-for-reserve-bank-of-india.html#comment-4292 Electrified Thu, 29 Jul 2010 05:01:51 +0000 http://www.reasonforliberty.com/?p=1649#comment-4292 I'm have no working knowledge of our economy, but by reading the newspaper, watching tv interviews/propaganda etc...i could sense that the Government or RBI does not care about people. If it did, the fundamental trait of money/finance would not have been "scarcity" = "profits". The Federal Bank/World bank/IMF are our real leaders. Rest of us are sucking upto them. Politicians who tried to revolt are either killed/overthrown. What happened to the ppl in gulf who went against the establishment...they got branded as "Terrorists". People have this really bad thing called "Hope" that deludes them into thinking it will all be better one day, i think. what happens if half a billion of our country men...quit jobs/militiary, boycotted political/financial lobby's? it certainly has'nt been tried and it can be no worse than what it already is. just my.2 paisa I’m have no working knowledge of our economy, but by reading the newspaper, watching tv interviews/propaganda etc…i could sense that the Government or RBI does not care about people.
If it did, the fundamental trait of money/finance would not have been “scarcity” = “profits”.
The Federal Bank/World bank/IMF are our real leaders. Rest of us are sucking upto them. Politicians who tried to revolt are either killed/overthrown. What happened to the ppl in gulf who went against the establishment…they got branded as “Terrorists”.
People have this really bad thing called “Hope” that deludes them into thinking it will all be better one day, i think. what happens if half a billion of our country men…quit jobs/militiary, boycotted political/financial lobby’s? it certainly has’nt been tried and it can be no worse than what it already is.
just my.2 paisa

]]> By: Why there are Wars, Terrorists and Militants | Reason for Liberty http://www.reasonforliberty.com/economy/the-dilemma-for-reserve-bank-of-india.html#comment-1697 Why there are Wars, Terrorists and Militants | Reason for Liberty Mon, 02 Feb 2009 06:26:53 +0000 http://www.reasonforliberty.com/?p=1649#comment-1697 [...] is there possibility for Indian government to waste money on such needless wars? While discussing Indian Reserve Bank Dilemma, we showed how fear of recession is senseless as it clears out all [...] [...] is there possibility for Indian government to waste money on such needless wars? While discussing Indian Reserve Bank Dilemma, we showed how fear of recession is senseless as it clears out all [...]

]]> By: Arvind http://www.reasonforliberty.com/economy/the-dilemma-for-reserve-bank-of-india.html#comment-1696 Arvind Wed, 14 Jan 2009 10:17:35 +0000 http://www.reasonforliberty.com/?p=1649#comment-1696 In that case well done "Unpretentious Diva" :-) In that case well done “Unpretentious Diva” :-)

]]> By: Unpretentious Diva http://www.reasonforliberty.com/economy/the-dilemma-for-reserve-bank-of-india.html#comment-1695 Unpretentious Diva Tue, 13 Jan 2009 13:28:46 +0000 http://www.reasonforliberty.com/?p=1649#comment-1695 Why not look up for the author? Its not by shanu, it is my writeup! Why not look up for the author?
Its not by shanu, it is my writeup!

]]> By: Arvind http://www.reasonforliberty.com/economy/the-dilemma-for-reserve-bank-of-india.html#comment-1694 Arvind Tue, 13 Jan 2009 12:56:17 +0000 http://www.reasonforliberty.com/?p=1649#comment-1694 Well written Shanu. keep up the good work. Well written Shanu. keep up the good work.

]]> By: Unpretentious Diva http://www.reasonforliberty.com/economy/the-dilemma-for-reserve-bank-of-india.html#comment-1686 Unpretentious Diva Thu, 08 Jan 2009 23:59:01 +0000 http://www.reasonforliberty.com/?p=1649#comment-1686 @ samay. Thanks for the greetings :) About the issue, it is simple reality, there's nothing hidden about the fact that whatever government/ RBI will do to help market, will cause further problems alone. The degree in which currency is been increased in market, will cause extreme inflation later in 2012, or 2014? who knows and who cares. This government is just looking for today's problem it faces, it is not even sure it will back on power again. So the economic responsibilities are nil for it. What it cares for is, a sudden emotional backup and a show-off in front of citizens, that Market is going down and government is sutaining it Helping it. it is all tricks of politicians and governance nothing else, which hurts the citizens only at the end. Anyways as I am no renowned person to write about the subject, I strengthen my point of view with views of some others, who are renowned economists. you may check this article from forbes.com http://www.forbes.com/2008/12/17/gold-currency-inflation-pf-ii-in_jt_1217currencycurrents_inl.html @ samay.

Thanks for the greetings :)

About the issue, it is simple reality, there’s nothing hidden about the fact that whatever government/ RBI will do to help market, will cause further problems alone.

The degree in which currency is been increased in market, will cause extreme inflation later in 2012, or 2014? who knows and who cares.

This government is just looking for today’s problem it faces, it is not even sure it will back on power again. So the economic responsibilities are nil for it. What it cares for is, a sudden emotional backup and a show-off in front of citizens, that Market is going down and government is sutaining it Helping it. it is all tricks of politicians and governance nothing else, which hurts the citizens only at the end.

Anyways as I am no renowned person to write about the subject, I strengthen my point of view with views of some others, who are renowned economists.

you may check this article from forbes.com
http://www.forbes.com/2008/12/17/gold-currency-inflation-pf-ii-in_jt_1217currencycurrents_inl.html

]]> By: samay http://www.reasonforliberty.com/economy/the-dilemma-for-reserve-bank-of-india.html#comment-1693 samay Wed, 07 Jan 2009 14:10:04 +0000 http://www.reasonforliberty.com/?p=1649#comment-1693 ppl have a habit of taking a sentence out of whole text, then attributing it the whole essence of the text. I said its the logic because of which they do it..and added it is debatable. You might have given it an adjunction of deplorable, but it does not put us on opposite side of the fence really. Additionally the post was never a counter point, I wanted to congratulate the author for she is on a roll. Never the less if that small post betrayed my lack of knowledge of money then so be it, but I guess it betrayed your lack of understanding of english, or perhaps patience which most of us lack. ppl have a habit of taking a sentence out of whole text, then attributing it the whole essence of the text. I said its the logic because of which they do it..and added it is debatable. You might have given it an adjunction of deplorable, but it does not put us on opposite side of the fence really. Additionally the post was never a counter point, I wanted to congratulate the author for she is on a roll. Never the less if that small post betrayed my lack of knowledge of money then so be it, but I guess it betrayed your lack of understanding of english, or perhaps patience which most of us lack.

]]> By: Dsylexic http://www.reasonforliberty.com/economy/the-dilemma-for-reserve-bank-of-india.html#comment-1692 Dsylexic Wed, 07 Jan 2009 13:15:26 +0000 http://www.reasonforliberty.com/?p=1649#comment-1692 samay, point taken about the caps. in anycase,i dont see any valid points in your arguments . i assume you have some sort of academic degree in economics. considering the degree is a product of consensus brainwashing, its value is specious so your comments about mises.org is asinine money printing is an overt process -ofcourse it is.there's all sorts valid  entries in the Fed's balance sheet. all totalitarians kill directly.but it is always for the 'greater good' isnt it. it is not a conspiracy .it is just systematic legal plunder . and pray tell me what part of keynesianism holds you in thrall? the idea of macroeconomic planning? deficit spending?inflation as a national monetary policy?. 'devaluation' of currency?. none of these are economically selfevident truths. suffering from physics envy is not going help economics get the correct answer. a total misunderstanding of the concept of money and credit is an abomination the mainstream academics have foisted upon millions of sheeple. "the logic is more currency leads to more spending and thus increases circulation which is good for economy " This sentence is utter nonsense and betrays a lack of understanding of money and credit. samay,
point taken about the caps. in anycase,i dont see any valid points in your arguments . i assume you have some sort of academic degree in economics. considering the degree is a product of consensus brainwashing, its value is specious so your comments about mises.org is asinine
money printing is an overt process -ofcourse it is.there’s all sorts valid  entries in the Fed’s balance sheet. all totalitarians kill directly.but it is always for the ‘greater good’ isnt it. it is not a conspiracy .it is just systematic legal plunder .
and pray tell me what part of keynesianism holds you in thrall?
the idea of macroeconomic planning? deficit spending?inflation as a national monetary policy?. ‘devaluation’ of currency?. none of these are economically selfevident truths. suffering from physics envy is not going help economics get the correct answer.

a total misunderstanding of the concept of money and credit is an abomination the mainstream academics have foisted upon millions of sheeple.
“the logic is more currency leads to more spending and thus increases circulation which is good for economy ”
This sentence is utter nonsense and betrays a lack of understanding of money and credit.

]]> By: Chirag http://www.reasonforliberty.com/economy/the-dilemma-for-reserve-bank-of-india.html#comment-1691 Chirag Wed, 07 Jan 2009 08:31:55 +0000 http://www.reasonforliberty.com/?p=1649#comment-1691 Cycle, needs to be started, and please stop this Credit Card culture. Which is not healthy for economy anyways. Cycle, needs to be started, and please stop this Credit Card culture. Which is not healthy for economy anyways.

]]> By: samay http://www.reasonforliberty.com/economy/the-dilemma-for-reserve-bank-of-india.html#comment-1690 samay Wed, 07 Jan 2009 05:52:57 +0000 http://www.reasonforliberty.com/?p=1649#comment-1690 well...please read the comment in totality, the argument is on how feds go about doing that and not on its effectivity. All I said is that it not a covert process, they dont print it over night and circulate it without anyones knowlege. It is an overt process thats it. Most ppl speak of keynesian without even knowing anything about it. having access to mises .org and a lots of free books and pod casts makes anyone a bull in libertarian economics. If you really want ever to make had and tail of things then u need to atleast have a workable knowlege on both side of the argument. so pls dont CAP QUOTE  and pretend intelligence, point taken thanks well…please read the comment in totality, the argument is on how feds go about doing that and not on its effectivity.
All I said is that it not a covert process, they dont print it over night and circulate it without anyones knowlege. It is an overt process thats it.
Most ppl speak of keynesian without even knowing anything about it.
having access to mises .org and a lots of free books and pod casts makes anyone a bull in libertarian economics.
If you really want ever to make had and tail of things then u need to atleast have a workable knowlege on both side of the argument.
so pls dont CAP QUOTE  and pretend intelligence, point taken thanks

]]> By: Dsylexic http://www.reasonforliberty.com/economy/the-dilemma-for-reserve-bank-of-india.html#comment-1689 Dsylexic Wed, 07 Jan 2009 05:20:53 +0000 http://www.reasonforliberty.com/?p=1649#comment-1689 samay:@no responsible nation does it. huh? The US fed is at it ALL the time. you are spouting the keynesian bull of money paper in circulation is good for the economy. hullo?.more paper without real production of goods and services only increases prices. it is unbelievable that you think that killing the purchasing power of the rupee is NOT printing money out of thin air.ofcourse it is. a less valuable rupee is a tax on the rupee holder.and the poorest people get hit the hardest because their meagre income is taken away by inflation.it is unbelievable the stff that is taught in university economics classes. here is the bottomline: MORE PAPER MONEY DOES NOT EQUAL MORE GOODS AND SERVICES.just printing up paper is zimbabwenomics samay:@no responsible nation does it. huh? The US fed is at it ALL the time. you are spouting the keynesian bull of money paper in circulation is good for the economy. hullo?.more paper without real production of goods and services only increases prices. it is unbelievable that you think that killing the purchasing power of the rupee is NOT printing money out of thin air.ofcourse it is. a less valuable rupee is a tax on the rupee holder.and the poorest people get hit the hardest because their meagre income is taken away by inflation.it is unbelievable the stff that is taught in university economics classes.

here is the bottomline: MORE PAPER MONEY DOES NOT EQUAL MORE GOODS AND SERVICES.just printing up paper is zimbabwenomics

]]> By: samay http://www.reasonforliberty.com/economy/the-dilemma-for-reserve-bank-of-india.html#comment-1688 samay Wed, 07 Jan 2009 04:38:20 +0000 http://www.reasonforliberty.com/?p=1649#comment-1688 nice to see you back in your productive cycle. <em>By simply printing or pumping money out of thin air, we cannot improve economic conditions, if it were possible; Indian government might have eradicated the Indian poverty a long time ago just by printing more and more money.</em> the process is not as simple as brought out, RBI does have to account for the currency it prints, and is in circulation. the amount of currency with respect to the net worth causes strengthening or devaluation of currency along with other reasons that are beyond the purview in this respect . The printing of currency from thin air is fraud, and no responsible nation does it. Printing more currency and allowing devaluation, which subsequently lead to increase in inflation is a step adopeted by the RBI. the logic is more currency leads to more spending and thus increases circulation which is good for economy The effectivity of the step is debatable as each step of regulation simply steepens the boom bust cycle and can have disatoruos results. Overall the argument is sound and makes a point...keep writing. nice to see you back in your productive cycle.
By simply printing or pumping money out of thin air, we cannot improve economic conditions, if it were possible; Indian government might have eradicated the Indian poverty a long time ago just by printing more and more money.
the process is not as simple as brought out, RBI does have to account for the currency it prints, and is in circulation. the amount of currency with respect to the net worth causes strengthening or devaluation of currency along with other reasons that are beyond the purview in this respect . The printing of currency from thin air is fraud, and no responsible nation does it. Printing more currency and allowing devaluation, which subsequently lead to increase in inflation is a step adopeted by the RBI. the logic is more currency leads to more spending and thus increases circulation which is good for economy The effectivity of the step is debatable as each step of regulation simply steepens the boom bust cycle and can have disatoruos results.

Overall the argument is sound and makes a point…keep writing.

]]> By: The dilemma of Reserve Bank of India | homelessloan.com http://www.reasonforliberty.com/economy/the-dilemma-for-reserve-bank-of-india.html#comment-1687 The dilemma of Reserve Bank of India | homelessloan.com Wed, 07 Jan 2009 01:05:23 +0000 http://www.reasonforliberty.com/?p=1649#comment-1687 [...] The dilemma of Reserve Bank of India [...] [...] The dilemma of Reserve Bank of India [...]

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