STRESS, REPO AND REVERSE REPO

Increase in repo and reverse repo rates is aimed at reducing inflation and catalyzing growth.

Can inflation come down by reducing relatively very small white money availabile to us, when several times more black money is available for causing inflation? Can this not make us even miserable?

Can industrial growth be catalyzed by mere increase in deposits in the reserve bank; and trying to increase prodction of unnecessary and unaffordable (to majority of us)products and unproductive wasteful marketing gimmicks?

Are we not heading towards recession and depression?



Dr. Shriniwas Janardan Kashalikar