DB financial experts and bodi supporters

[Hyper]

#briefedme

[dalapathi]

http://indianexpress.com/article/business/banking-and-finance/withdrawal-of-rs-500-rs-1000-notes-black-money-pm-modi-old-notes-4379516/

[psycopk]

31 minutes ago, batman said:

what ever money that doesn't come to bank can be used by govt for

welfare schemes - govt welfare bill is around 2 lakh crore per yr. before 2019 there will surely be a big welfare scheme announced.

bank recapitalization- bank can lend loans at low interest rates. so middle income ppl will take to build houses, buy stuff hence kickstarting economy & consumption leading to gdp growth. projects stuck will restart, business will get lots to start new projects hence generating jobs for poor. 

build forex reserves - this will make our imports cheaper leading to better fiscal hence gdp will grow

reduce fiscal deficit - again gdp will grow, reducing inflation and india ratings in international lenders will increase.

inflation - will reduce benefitting the poor

dream machine 10.0

[batman]

1 minute ago, psycopk said:

dream machine 10.0

Ofcourse what i said is best case scenario. its possible things may not happen as expected. but govts takes decisions weighing different things and they take risk hoping for the best. such govts are called daring govts 

[Bhai]

ok