ANUPM Kher next RBI Governor?

[dray]

BEEE ESSSS....the fundamentals of the economy were in BS so inflation was a high possibility. He kept inflation high to control interest. Bhakt learn economics from Smriti Irani.

 

[Sky lord]

ASE - AAPtard School of Economics.

 

[Guynextdoor2]

Use your brain man, it obviously means 'interest rate high to keep inflation under control'.

Swamy's big criticism was that Rajan didn't reduce interest rate so- Swami wants to keep inflation high to keep interest under control.

 

[Sky lord]

Swami wants to keep inflation high to keep interest under control.

How do you get that? Interest rate is not the only factor in inflation.

How about the benefit to small businesses from lower interest rates?

 

[Guynextdoor2]

How do you get that? Interest rate is not the only factor in inflation.

How about the benefit to small businesses from lower interest rates?

Loll!!! Bhakt think after 10% inflation RBI was wrong in raising interest rate. You should be RBI governor.

 

[Sky lord]

Loll!!! Bhakt think after 10% inflation RBI was wrong in raising interest rate. You should be RBI governor.

Duffer! Interest rates like your PJs go both up and down depending on the circumstances.

Once up it doesn't mean it stays up for ever!

You should be RBI governor, you can jack up rates to 50% dry up the money supply and the only thing we can do with our money will be to keep it in the bank!

 

[dray]

Use your brain man, it obviously means 'interest rate high to keep inflation under control'.

Swamy's big criticism was that Rajan didn't reduce interest rate so- Swami wants to keep inflation high to keep interest under control.

Every central banker does that, Interest rate is one of the tools with RBI to control inflation, but high interest rate also stalls growth and stagnates economy, so every central banker also lowers interest rate when inflation comes down, as growth is also very important. Rajan didn't do it on time, he tried to play too safe.

 

[MilSpec]

I vote this guy:

 

[Guynextdoor2]

Duffer! Interest rates like your PJs go both up and down depending on the circumstances.

Once up it doesn't mean it stays up for ever!

You should be RBI governor, you can jack up rates to 50% dry up the money supply and the only thing we can do with our money will be to keep it in the bank!

Like I said if AnuPM does not become next RBI governor I will support you as RBI governor on INternational RBI governor day.

Every central banker does that, Interest rate is one of the tools with RBI to control inflation, but high interest rate also stalls growth and stagnates economy, so every central banker also lowers interest rate when inflation comes down, as growth is also very important. Rajan didn't do it on time, he tried to play too safe.

Lol,Dal is 200/ KG, Tomato is more than 100/ KG and you're talking about how inflation is not important, growth will be affected etc. But like I said, if AnuPM does not become next RBI governor I will support you as RBI governor on INternational RBI governor day.

 

[Sky lord]

Like I said if AnuPM does not become next RBI governor I will support you as RBI governor on INternational RBI governor day.

Will you get me the Nobel Prize too? I used to get As in school plus not bad work experience....

 

[dray]

Lol,Dal is 200/ KG, Tomato is more than 100/ KG and you're talking about how inflation is not important, growth will be affected etc. But like I said, if AnuPM does not become next RBI governor I will support you as RBI governor on INternational RBI governor day.

Which dal is Rs.200/kg? All dals? None of the pulses are Rs.200 in Kolkata. And there are dozens of other agri products that are low. Prices of one or two seasonal produces may go up and down based on production and many other things, that happens all the time, to think that it is because of inflation and interest rate should be kept high because tomato is now costly is at best, naive and at worst, stupid.

 

[Pride]

How about taking that idiot gajendra chauhan and put anupam as chairman for ftii? at least anupam has an impressive body of work .

You should be aware that he was offered the position even before Gajendra but he refused quoting that if he will take position then people (like you) will automatically assume that he got benefit because his wife is BJP MP. Also, in many points he actually refuted BJP's decision or policy but mostly advocated BJP's stance.

On the main note, While Rajan did good on many fronts but there are certain policies where he didn't follow the Govt's mandate. RBI governor doesn't sets the policy but executes what government sets policy.Rajan failed to do and Bank accumulated the high interest rates as well as Real estate market almost become stale. There was certainly need for a change. Though, I appreciate Rajan's other work.

 

[Guynextdoor2]

Which dal is Rs.200/kg? All dals? None of the pulses are Rs.200 in Kolkata. And there are dozens of other agri products that are low. Prices of one or two seasonal produces may go up and down based on production and many other things, that happens all the time, to think that it is because of inflation and interest rate should be kept high because tomato is now costly is at best, naive and at worst, stupid.

Lol Daal and vegetable prices are soaring and he says 'let them eat cake'. No one in the world except Zimbabwe and Subramania swamy will slash interest rates when essential food is soaring.

Will you get me the Nobel Prize too? I used to get As in school plus not bad work experience....

View attachment 312314

f course I will, you'll need the prize money to buy next month's groceries.

@Rain Man you wanna know what crony capitalism looks like? It looks like this- knowing what is going on and not acting

http://indiatoday.intoday.in/story/indian-dal-rates-get-canadian-tadka/1/660508.html

 

[DesiGuy1403]

Lol Daal and vegetable prices are soaring and he says 'let them eat cake'. No one in the world except Zimbabwe and Subramania swamy will slash interest rates when essential food is soaring.

That's called Inflation...
Oh..Pulses will be high. This is new norm going ahead and this is not unique to India.
Except Tomato all other vegetable prices are down. In fact Onion prices are very very low.

Stop exposing yourself too much.

you wanna know what crony capitalism looks like? It looks like this- knowing what is going on and not acting

Go and read about water tank scam in delhi.
kejru got the report of scam in June 2015. Until a complaint was filed by Vijender Gupta, MR Kejri did not act on this report.
The company which is involved in the scam was allowed to continue and is still doing the work in delhi.

That's what Crony capitalism is my friend...

 

[cloud_9]

Which dal is Rs.200/kg? All dals? None of the pulses are Rs.200 in Kolkata. And there are dozens of other agri products that are low. Prices of one or two seasonal produces may go up and down based on production and many other things, that happens all the time, to think that it is because of inflation and interest rate should be kept high because tomato is now costly is at best, naive and at worst, stupid.

Most of the stuff is expensive because of artificial shortages not inflation.Inflation doesn't make veggies go from 50 to 70 and then to 20 in a week.