Comments on: Is the Entry of Corporate Houses in Banking Sector a Real Worry? https://misesindia.in/2020/11/27/is-the-entry-of-corporate-houses-in-banking-sector-a-real-worry/ Economics, Freedom and Peace Sat, 28 Nov 2020 10:38:38 +0000 hourly 1 By: Madhusudan Raj https://misesindia.in/2020/11/27/is-the-entry-of-corporate-houses-in-banking-sector-a-real-worry/#comment-5487 Sat, 28 Nov 2020 10:38:38 +0000 https://misesindia.in/?p=3090#comment-5487 In reply to Satchit Prabhu.

Thank you for raising these important questions. Look forward to my future articles which will discuss these issues in detail.

]]> By: Satchit Prabhu https://misesindia.in/2020/11/27/is-the-entry-of-corporate-houses-in-banking-sector-a-real-worry/#comment-5343 Fri, 27 Nov 2020 17:49:09 +0000 https://misesindia.in/?p=3090#comment-5343 Would there be any negative consequences if India went back to decentralised banking where currency was backed by physical assets like gold? And what are your thoughts on using crypto as a means of counter economics?

]]> By: Satchit Prabhu https://misesindia.in/2020/11/27/is-the-entry-of-corporate-houses-in-banking-sector-a-real-worry/#comment-5331 Fri, 27 Nov 2020 16:51:56 +0000 https://misesindia.in/?p=3090#comment-5331 I agree that central banks are a leech on the system which has exponentially increased the power of the state over the people, But if india did decide to abolish the RBI and even the Fiat currency (our rupee) which is backed by thin air, how would this affect india’s economic/banking relationships with other countries which would still function on a federal banking system?

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