The Age of Deflation

QE beyond a point distorts markets and incentives that a well oiled financial system requires to function with integrity. Now the global economy needs filling up private demand slack by Fiscal spending. The age of deflation can only be tackled by Govt investment in infrastructure globally filling the slack(collapse) in private sector demand. DISCLAIMER Views expressed are personal and do not reflect those of the organization he is/was employed/associated with in the past or present

Tuesday, 12 June 2018

Ignoring the Only Solution: A Bad Bank Structure in India

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"IF YOU owe a bank a hundred dollars, it is your problem. If you owe a hundred million, it is the bank’s problem. If you are one of m...
Tuesday, 13 December 2016

Demonetization: Rip Van Winkle

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                                      Demonetization: Rip Van Winkle CPI Inflation for November 2016 was at 3.63%[3]against market expe...
Friday, 18 November 2016

Demonetization: Gearing up for Policy Response

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Impact on GDP growth of Government's recent Demonetization move: India's Revised GDP estimates for FY17 and FY18 have bee...
Tuesday, 6 September 2016

Dilemma of the Central Banks: To push further NIRP?

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Dilemma of the Central Banks: To push further NIRP? There's no Zero Lower bound for Nominal interest rates. If you think Capitalism i...
Thursday, 28 January 2016

Bank of Japan - Negative Interest Rates-Good move

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Bank of Japan has cut its benchmark rate to - 10 bps from 10 bps, a reduction of 20 bps and has left unchanged quantitative easing paramete...
Wednesday, 20 January 2016

Only Course left to FOMC- Reverse Stance Sooner rather than Later

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All that was feared and written about on 24th August 2015 in "Rescuing a Deflationary World"( http://ageofdeflation.blogspot.in/...
Tuesday, 8 September 2015

Urgency of Creating a Bad Bank or The National Asset Management Co.(NAMCO)

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The government today discussed the possibility of creating a Bad Bank or National Asset Management Co.(NAMCO) as per press reports availabl...
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Anupam Mitra
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