(DE)mand for (B)etter (T)oday and tomorrow.... (DEBT).........,

There is no other way of increasing growth and income and demand and growth expectations... Domestic investors have been weak due to higher short run interest rate and expectations and uncertainty due to the RBI neutral stance.... But, there is a difference between neutral stance and neutral or natural real interest rate at which there is no unemployment and no inflation or both constant and stable... INDIA's real rates are much higher than the investment partners’ economy... There is a sect that's demanding higher public spending to counter slow growth... That should be productive... And, lower real rates, lower unemployment could increase spending due to higher supply and lower prices and higher nominal or real wages, (there is also nominal upward rigidity also because higher wages would increase cost and reducing demand for labour, but commodity prices could be lowered by reducing the borrowing cost and increase demand and debt (TOO)... All the big businesses are run on credit, moreover, higher consumer debt, due to better economic growth and expectations... Expectations about income and interest rate could help achieve the spending for the rational warranted growth, full employment and lower or stable prices....

INDIA's foreign exchange reserves are at comfortable levels... oil prices should not be a problem... The government has the capacity to lower taxes and duties during high prices... only, if, it uses, it.... If you have a reason to demand dollar then you would not be accused for currency manipulation, but only if wage hike is offset by lower borrowing cost, which could help contain cost.... Nobody could also be set responsible for depreciation due to change in domestic monetary policy....

In the US…

Higher wages and expectations after full employment would itself control investment demand, demand for labour, too, and spending and inflation and and growth expectations....But, would increase consumption and savings of labour due to full employment, and, spending and inflation and expectations which would increase investment employment and growth and expectations...When population and potential growth has gone down, in short, lower supply and demand and growth.... higher real wages would also increase capitalists profits, savings and investment due to higher demand, price and growth and expectations....Higher interest rate and expectations could lower investment employment and growth....Through higher wages market would itself control demand for labour and wage cost and competitiveness...The central banks intervention would aggravate the problem of investment cost and unemployment, in the time of higher wage and expectations after full employment....

STILL… INDIA IS THE SECOND FASTEST GROWING ECONOMY AMONG THE MAJOR ECONOMIES.... IT IS GROWING AT A FASTER RATE........., IT USED TO BE AND NOW THE FASTEST... BEFORE THE DISRUPTIONS... INNOVATIONS ARE OFTEN DISRUPTIVE... DUE TO TIME SPEND DURING REALLOCATION WHICH MIGHT DELAY GROWTH........