Essays on rational absurdity of banking
The wider economic environment, external shocks, and behavioural shifts that shape banking outcomes.
De-dollarization refers to the gradual shift away from the dominance of the U.S. dollar in international trade and finance. Many countries, including India, have been exploring ways to reduce their reliance on the dollar due to various economic and geopolitical reasons.
In my day to day advisory interactions with new age businesses, including clients, acquaintances, referrals and friends, there is much I have learned. Hope the gist of these learnings will help refine your own thought process while building a #startup
India faces a peculiar situation where homes lie vacant and held as a form of speculation whilst housing is not available to the needy. Financialisation has led to overvaluation of the underlying asset without any change in the utility/ productive value of the underlying asset. While housing sector needs financial resources, financialisation can be beneficial if and only if there is a strong regulatory and governance framework in place.
A quick look at data on Currency in circulation in India and the world. While the Currency in Circulation (CIC) as a % of GDP is a good indicator, it has its own limitations. Overall Cash in the economies, the world over, has been increasing.