Is RBI Anti-Inflation?
Channel: Madhusudan Raj
Date: 29/09/2013

Last week RBI's new governor, Raghuram Rajan, in a press conference, said that, RBI is anti-inflation! But is this true? Also, while receiving a financial prize in Frankfurt, Germany, Rajan, rightly, questioned the efficacy of ultra low interest rate policies of central bankers for spurring economic growth. He said, he thinks such policies create bubble activities, but he is unsure about it. In this week's economic report I analyze Rajan's statements. 

I have mentioned some books for reference in my report above. Here I am giving links to those books. If some of you are interested in reading it then download them.

1. The Causes of Economic Crisis - Ludwig von Mises (mises.org/books/causes.pdf)
2. America's Great Depression - Murray Rothbard (http://mises.org/rothbard/agd.pdf)
3. Prices and Production - F A. Hayek (mises.org/books/pricesproduction.pdf)
4. Money, Bank Credit and Economic Cycles - Jesus Huerta de Soto (mises.org/books/desoto.pdf).