Search interesting materials

Tuesday, September 02, 2008

India's inflation problem

I wrote an opinion piece in Wall Street Journal today on this subject.

5 comments:

  1. Ajay,

    The page is not accessible as yet.

    Link: http://www.mayin.org/ajayshah/MEDIA/2008/wsj_inflation.html

    ReplyDelete
  2. Nice analysis.

    But, wouldn't selling $ reserves suck money out of the system and put a full stop to the so called Indian Growth story?

    I think it is a loose/loose proposition of India. So much for the great growth story(aka money printing).

    ReplyDelete
  3. Didnt you suggest a while ago that the RBI could cut rates by 300bps, to keep indian rates in line with US interest rates?

    Now you say in the WSJ they have hiked rates too slowly and that real rates are negative....

    What should the RBI do? Cut rates or hike rates?

    ReplyDelete
  4. There are many variants to the theme of political influences on monetary policy; this is the standard one

    ReplyDelete

Please note: Comments are moderated. Only civilised conversation is permitted on this blog. Criticism is perfectly okay; uncivilised language is not. We delete any comment which is spam, has personal attacks against anyone, or uses foul language. We delete any comment which does not contribute to the intellectual discussion about the blog article in question.

LaTeX mathematics works. This means that if you want to say $10 you have to say \$10.