| Author | Message | ||
Last_avataar Side Hero Username: Last_avataar Post Number: 7842 Registered: 09-2012 Posted From: 12.10.219.226 Rating: |
- Govt with help of RBI Prints Money - Given to Banks for Business and to Govt Employees as Salaries - Banks Gives Business Loans , Businesses create employment - employment creates wealth among people - People start spending Money that is circulated back - every one starts converting their cash to investing in all kinds of assets (shares, bonds, lands, real estate, precious stones etc) - when there is more demand less availability Value of these assets increases - this increases the inflation and RBI starts releasing more money to market to float. ########################################################### -Now each step Banks and Business create profits for them -People make profits out of investments -Only part will be shown and majority not shown due to cash economy and not vigilance -It will be parked at foreign destinations, all forms of assets as binami or non traceable forms or cash ############################################################ ### Now Modi's First step can recover part of the black money hoarded by all kinds of people, with still Big sharks evade this net with creative approaches Next comes limits on cash transactions Next comes strike on Binami Assests Next on Gold and Precious stones Next step should be overhauling of Banking system to eliminate corruption This should bring India to Prosperous route in the long run |
