Post
Topic
Board Economics
Re: Nobel Laureate asked India to print more money and not to worry about inflation
by
Darker45
on 22/04/2020, 04:19:09 UTC
~snip~
Me too I think it is a bad idea to print more money because it will mean so much  money in circulation. This is what causes inflation. If there is more money and India does not have a strong fiscal policy it will mess up the economy and Indians will be the ones to suffer at the end.

Printing more money per se is not that bad. Especially if it is done as an extreme measure to something that is extremely urgent such as what is currently happening to almost all countries. Also, it is being done all around the world. This is not peculiar to India. For as long as it is well-managed, I believe it will do more good than bad.

This is not the only thing that causes inflation. There are so many factors that cause inflation. And, most importantly, inflation is actually not to be fully avoided. It is designed to be there. It should be there, albeit closely managed.