Overdraft : Saving The Indian Saver


Overdraft : Saving The Indian Saver

AED 60.00

All of us love to spend. But before we can do that, we have to have earned or saved some money.

Only sovereigns don’t have to: they can print money, or borrow; in our country, where they own banks, they can use our deposits to lend and splurge for goals that may not always be economic in nature.

Many rulers have succumbed to the temptation, with dire results—inflation, debased currency, payments crises, bankrupt banks, economic stagnation, loss of public confidence. After centuries of ruinous experiences, some governments learnt, others haven’t, to control themselves, create self-governing Central banks and let them manage money and regulate banks.

Publisher.: HARPER COLLINS INDIA
ISBN: 9789353579142
Author.: Urjit Patel
Sub Category: Business & Management
SKU: 9789353579142 Category:

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