Article;
Bonds, rupee recoup losses after pep talk from Raghuram Rajan.
Comment;
Rs 8000 crore for bond purchases and we are not expecting
inflation... What the FED (US) is doing...? It is doing the same thing and is
expecting inflation to break liquidity tarp... The US bond purchases and the INDIAN
bond purchases are the same type of quantitative easing methods except that the
FED is printing money and the RBI is loosening its reserves. Why we are not
expecting inflation??? The right thing to do is to sell bonds and not purchase
of it... Back in 2011 the RBI loosened CRR two-three times which pushed back
high the falling inflation... We are using half-hearted measures to control
both demand and supply to rein-in inflation... The commitment to reduce
inflation is too flexible...
No comments:
Post a Comment