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Will not inconvenience common people : Former CEA endorses RBI decision to scrap Rs 2,000 notes

According to Dr Subramanian, the withdrawal of Rs 2,000 notes will have overall positive effects

United statesKrishnamurthy subramanianKrishnamurthy subramanian subramaniankriBoston consulting groupBharatiya janata partyReserve bankChief economic advisorCash hoardingCurrency in circulationTransaction growthLegal tender1000 noteKrishnamurthy subramanianChief economic advisor2000 ka note2000 note news

Detailed text transcripts for TV channel - FOXNEWS - 20101103:17:48:00

beyond your cleveland speech, those proposals, to get them off the sidelines, get them off cash hoarding and start hiring? thank you. this is an important question that we ve been asking ourselves for several months now. you re right, as i reflect on what s happened over the last two years, one of the things that i think has not been managed by me as well as it needed to be was finding the right balance in making sure that businesses have rules of the road and are treating customers fairly, whether it s their credit cards or insurance or their mortgages. but also, making absolutely clear that the only way america succeeds is if businesses are succeeding.

Cash hoardingCredit cards

Detailed text transcripts for TV channel - CNN - 20100811:16:02:00

body. this circular system. and you have to have this constant spending and investment. well, what we have is as consumers are saving a great deal, and these who are not saving, are large numbers of unemployed. we have businesses particularly the corporate sector now, that s doing a lot of cash hoarding. they re the healthiest sector of the economy, but they re not putting that money back into the economic system in the form of capital formation and investment. and so and then you have, of course, in general, decrease in consumer and investor confidence. and so that s what s happening. and that s dragging the overall rate of growth lower. we re also getting indications that the fed will buy government debt. how does this help the output and employment picture? can you link it all together for us? yeah. well, whenever the fed buys d d debt, they re buying debt from institutions, maybe buying debt from individuals like you or i.

Circular systemCapital formationCash hoardingGovernment debtFederal reserveAdd debtBuying debt

Detailed text transcripts for TV channel - MSNBC - 20130210:14:14:45

Detailed text transcripts for TV channel - MSNBC - 20130210:14:14:45
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Paul krugmanCash hoardingMarch 2002