Indian Economics Thread II

[MortyandRick]

India Today discussion on India's increasing trade deficit. One of the forum speaker suggested that Indian ought to depreciate their currency while increasing the interest rate to discourage Indians from buying import products while expanding their export products and competitive to the world.

Is this a joke? Would it really work? I’m not an economist but would that cause a whole host of problems?

 

[HereToSeePics]

Is this a joke? Would it really work? I’m not an economist but would that cause a whole host of problems?

I started skipping parts of the video when the woman speaker at the 1:45 mark mentioned using a "two pronged strategy" of increasing interest rates and to allow the rupee to depreciate. Those two actions are generally mutually exclusive and directly counteract each other on a macro policy level.

 

[pevade]

I started skipping parts of the video when the woman speaker at the 1:45 mark mentioned using a "two pronged strategy" of increasing interest rates and to allow the rupee to depreciate. Those two actions are generally mutually exclusive and directly counteract each other on a macro policy level.

I was also rubbing my head when they said that

 

[NiuBiDaRen]

I started skipping parts of the video when the woman speaker at the 1:45 mark mentioned using a "two pronged strategy" of increasing interest rates and to allow the rupee to depreciate. Those two actions are generally mutually exclusive and directly counteract each other on a macro policy level.

I was also rubbing my head when they said that

How to impress anyone at a presentation: say the word prong. "Here's our two-pronged strategy, here's our three-pronged attack plan". Sounds nice.

 

[yjl11]

Analysis on India being the next big economy.

 

[NiuBiDaRen]

Analysis on India being the next big economy.

 

[Strangelove]

China Railway Construction Heavy Industry Group 中国铁建重工集团 tunneling in India, at Vellara station, the second phase of the Bangalore Metro.

 

[NiuBiDaRen]

China Railway Construction Heavy Industry Group 中国铁建重工集团 tunneling in India, at Vellara station, the second phase of the Bangalore Metro.

View attachment 101333

Hopefully they dig a secret, unannounced tunnel from Pakistan to New Delhi.

 

[xypher]

https://twitter.com/i/web/status/1589813370122686464

India and talking about the bright future - name a more iconic duo. Is this overcompensation for the shitty present?

 

[PiSigma]

https://twitter.com/i/web/status/1589813370122686464

So India have to grow 10% for 10 years to go from 3.4 to 8.5. India haven't been able to do that when the economic conditions were good pre2008. What makes anyone in their right mind think they can do that now? And how? Count more cow dung as growth?