Will The Indian Rupee Rise Or Fall? Future & History Explained | Bazil Shaikh | The Core

[@harisoma]

Interesting podcast and great knowledge of Bazil has strengthened the discussion. It's really a feast for Finance Professionals interested in the Global Economy and Money.❤❤❤

[@thecore_in]

Hi Hari, Thank you so much! 😊 We're glad you found the discussion insightful. Stay tuned for more episodes on India’s economy and global financial trends!

[@amadeus0123]

This podcast is a breath of fresh air in a social media landscape full of charlatans selling financial advice. Calm demeanor of Mr Shaikh explaining origins of money is refreshing. A gem

[@thecore_in]

Hi, Thank you so much for your kind words! We're thrilled to hear that you found the discussion insightful and refreshing. Stay tuned for more such enriching conversations on India's economy!

[@srinivasanpr1112]

wow ; it is interesting ot note that there was no coins before 13 century as per author

[@krgonline]

Crypto as a conduit for individual freedom !!? Reminds me of a crypto exchange owner's statement on why should only govt issue money !? Obviously he will not want the common man to know of seigniorage which he can enjoy More importantly, how can there be a unit of measurement which is itself not stable. Also, if the value of ccy comes from scarcity (algorithmic or whatever), how does it support the economic growth (isn't that why gold standard was given up ?)... Net net please let's call a spade a spade..or get deeper into divisia aggregates and risk weight cryptos before calling them money or money substitutes

[@srinivasanpr1112]

probably author is just apeing the western thought of bitcoins. traditional value store was through gold and silver and copper. When the currency is issued by RBI, it issues on the basis of govt debt that are issued which becomes the asset and liability equal to the notes issued. For the laibility RBI does not pay interest to anybody including the one who holds it in their purse. if the same money is held in bank account it gets interest. Generally the country issues 7 to 8 percent of the gdp of the country ; when that exceed with m3 effect the inflation starts going up. best example of late is usa which issued notes like crazy to all citizen during covid. If nothing happens, the govt will issued currency which is usable where as when demand of bitcoin goes it will be not even equal to paper