A headline from Yahoo Finance article reads, Notes From the WEF: Cash Is Dead, Long Live Digital Cash. Consensus is building on one issue at the World Economic Forum in Switzerland: Cash is dead. “Physical money is out,” said B.S. Kohli, an economic advisor to the head of the Indian state of Punjab. Mothanna Gharaibeh, […]
Recently RBI released the inflation numbers and they don’t look good for the Modi government which is getting ready for elections in 2024. Retail inflation hit a high of 7.8 percent in April while wholesale inflation crossed 15% mark. This high level of price inflation coupled with so many other economic, social, religious etc., issues […]
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 […]
The Indian central bank RBI recently said that, Indian government consumption key to growth in economy amid pandemic. Indian government spending will support the economy during the pandemic, but private consumption will be needed to drive any economic recovery once the coronavirus threat eases. Is it so? Is government spending and consumption key to growth? […]
Mises India Institute President Dr. Madhusudan Raj was on Vivek Sen Podcast recently. In this episode he discussed Austrian economics, History of Democracy and where we are today, Free Market Capitalism and Anarcho Capitalists Society, Money, Current Monetary System, and Bitcoin etc. subjects.