Comments on: Is Dollar Responsible for Rupee’s Weakness? https://misesindia.in/2022/10/16/is-dollar-responsible-for-rupees-weakness/ Economics, Freedom and Peace Sun, 06 Nov 2022 05:21:11 +0000 hourly 1 By: Marcus https://misesindia.in/2022/10/16/is-dollar-responsible-for-rupees-weakness/#comment-254045 Sun, 06 Nov 2022 05:21:11 +0000 https://misesindia.in/?p=3638#comment-254045 In reply to Mises India.

That was a good read, thank you 😀

Speaking of CBDC, the RBI white paper for CBDC mentions existing crypto currencies as “private crypto” and the CBDC as “public” or “government crypto”. Reminds me of the rhetoric used by government in Atlas Shrugged where anything they don’t like is termed “private” and bad and anything they do is “public” and for the general will of public.
Also, there’s an interesting page about threat from “Quantum computing” which literally is nonsensical mumbo jumbo. I wonder how competent RBI really is.

Anyway, I love this site. I’ve just recently discovered it. Thank you for your contents 🙂

]]> By: Mises India https://misesindia.in/2022/10/16/is-dollar-responsible-for-rupees-weakness/#comment-253880 Sat, 05 Nov 2022 12:21:36 +0000 https://misesindia.in/?p=3638#comment-253880 In reply to Marcus.

I have written about CBDC in past: https://misesindia.in/2021/05/21/on-government-digital-currencies/.

]]> By: Marcus https://misesindia.in/2022/10/16/is-dollar-responsible-for-rupees-weakness/#comment-253856 Sat, 05 Nov 2022 10:13:52 +0000 https://misesindia.in/?p=3638#comment-253856 I wonder how long RBI can stabilize INR at 83 against USD. They’ve been draining billions off of forex reserve every week.
I wonder, what’s your opinion on CBDC? I’ve seen CBDC facing resistance in the west but barely any in India.

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