Friday, May 24, 2013

Loose Monetary Policy...


 Article;
Five Reasons Why Rupee is Depreciating Despite Strong FII Flows

Comment;
It is strange that with so much of Quantitative easing the US dollar is getting strong. I think everybody is pursuing a lose monetary policy and the effect we want is further diluted. I think "Everybody is trying to devalue at the same time." That's right ....

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"Everybody is worried about rate cuts and nobody for lower interest rates on savings, when all save and few borrow..."

Growth is sacrificed when the value of the money is sacrificed because spending goes down due to inflation, and people buy less due to high ...