The RBI moves today make me want to go back to read the old Radcliffe Committee report, and especially its analysis of the "liquidity theory of money" and the importance of the "structure of liquidity" in a modern economy.
— Niranjan Rajadhyaksha (@CafeEconomics) April 17, 2020
via Twitter https://twitter.com/CafeEconomics
April 17, 2020 at 01:29PM
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