Even though the IIPM boss contradicted himself on newspaper advertising, he is surely right on the relative decline of print
The RBI is being pressured to cut rates when deposits are simply not growing. So how ill banks cut rates when money is in such demand?
US Fed chief Ben Bernanke has been toying with the idea of printing more money, but has been holding back due to the pending US elections.
If the world could avoid recession by printing money it should have done so long ago. Maybe more of the same remedies that don't work isn't the answer