Archive for July 20th, 2016

Why money multiplier remains low in US – the micrcoeconomics of banking..

July 20, 2016

Julien Noizet of Spontaneous Finance has a piece on he topic.

The money multiplier has been really low in US for sometime now. Most imagined that with the Fed pumping so much money multiplier will jump significantly and we would have hyperinflation etc. But none of this happened. Why? In most such monetary thinking, we just ignore the functioning of the banking sector. Just like all sectors, banking too has its microeconomics and rigidities:

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Using twitter to get monsoon updates…

July 20, 2016

Anand Mahindra is using his social network to get monsoon updates:

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Was the 1991 agenda home grown or west imposed? (also the role of mysterious M document)

July 20, 2016

The recent EPW edition ( Vol. 51, Issue No. 29, 16 Jul, 2016) has a series of articles on the 25 year anniversary of 1991.

This one by Montek S Ahluwalia is a great read. It narrates this historical thought process behind 1991. He says it was hardly a case of imposition by western agencies like IMF and World Bank. Infact the thinking started much before 1991 as well. One can always argue whether the process was domestic driven or external driven but the historical process is something worth knowing:

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