The latest issue of the Economist magazine (figure 1) discusses the coming digital currencies of the governments. It talks about how these currencies are risky but a risk worth taking and how they will transform finance as we know it today. Let’s see what risk we all are taking when governments are going to impose […]
Tag Archives: Central Bank
22
Apr
Apr
The German sociologist Franz Oppenheimer in his discussion of the political institution of the State divided the society in two classes. In his own words, There are two fundamentally opposed means whereby man, requiring sustenance, is impelled to obtain the necessary means for satisfying his desires. These are work and robbery, one’s own labor and […]
25
Mar
Mar
Many people ask me about what possibly can happen if Indian central bank RBI is abolished or it collapses under its own weight? The following write-up is a brief reply to such important questions. We in the Liberty camp, who talk about doing away with the statist central planning institutions like the central bank, have […]
30
Aug
Aug
Price of gold (and silver) is going up recently. The price of gold has risen from under 40,000 rupees per 10 gram to 54,000 rupees in these few months time. Internationally also price of an ounce of gold has breached historic US$2000 level. What is driving prices of gold and silver higher in India and […]
20
Jan
Jan
Recently Mises India President Dr. Madhusudan Raj sat down with Mr. Yohan Tengra of Anarchy for Freedom to discuss India and its economy and to give insights on the root cause of what has created the many and various economic and social problems in India. He discussed subjects such as: Is Arvind Kejriwal our potential savior? Why […]
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