Issue of Currency: Fixed Fiduciary, Maximum Limit, Minimum Reserve, Proportional Reserve | Economics

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[@rameshmahato2211]

how can rbi print without reserve money, which means that exceptional money are illegal and governor promised us to give the same amount of rupees if that money is illegal then, why we should pay interest on that. This is fraud by banks, they are making money magically without doing anything. But humans have to work for that. And according to our constitution ipc act- printing illegal money or circulate it is crime and should be jailed lifetime.

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