Hi , I wanna ask a immatured question...
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We know that India is a poverty strickened country....so y doesn't our Reserved Bank of India , print more and more money and give them to the poor and needy?
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Sorry for this question. Its awfull.
Bye.
Anonymous:
hmyes
Answers
Answered by
21
then we print . more and more money then the value of money in degrees
RBI reserve gold equal to the value of money ...
RBI reserve gold equal to the value of money ...
Answered by
32
Dear Luna ,
It's what , a kind of question that nobody asks ... but I would like to thank you for questioning !
My Views ;-
What i think , that is not the solution to eradicate the poverty rather that will bring down the value of INR.
But keeping your respect towards the poor , to eradicate the poverty we have to prodcue cheaper products, increase exports, provide basic amenities and become competitive.
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- Regards
@ItsDmohit
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