Raghuram Rajan Uses 'Dosa Economics' to Explain Inflation

PUBLISHED ON: January 29, 2016 | Duration: 3 min, 55 sec

   
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Reserve Bank of India Governor Raghuram Rajan on Friday said "dosa economics" shows how inflation can be a silent killer. Dr Rajan used the example of a pensioner buying a dosa to explain how he can have more dosas today despite earning lower interest on his savings in bank deposits, as long as inflation stays low.
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