Last Man Standing RELUCTANT_ECONOMIST Profile picture
Semi-retired shippy n fulltime trendwatcher.founder of M-NOMICS.rt's, fav and follows may not be endorsements.
Mar 18, 2020 5 tweets 2 min read
Only way to overcome the financial crisis is to immediately recapitalize the citizens , @narendramodi should keep his 15 lakh promise now .

1. Print more notes & give money to citizens directly

2. Reduce fuel prices to reduce inflation resulting from no.1

@DasShaktikanta

+ 3. Increase interest rates

4. Tell banks to give moratorium on EMIs till situation improves ,

5. Ensure consumption spending never stops ,

6. new auto purchases to be given at fair EMIs , but they shouldn't start immediately

7.cancel LTCG

8.cancel new IT policy

+
Oct 6, 2019 8 tweets 6 min read
@sonaliranade @gsurya Since you raised the issue @sonaliranade @gsurya They say , the universe is connected by something called "the dark matter " .
Nobody has seen or proved it's existence but they are sure it exists .

Similarily , Indian economy had a dark matter filling the gaps . It's called "cash" , the small amount kept for a rainy day +