India Modern Monetary Theory, initiative of Rajendra Rasu, Research Fellow, Global Institute for Sustainable Prosperity https://nitter.cf/t.co/dMaPDUMEZP

Chennai, India
Joined December 2018
Response to Dr Raghuram Rajan's post on monetization, in consultation with Warren Mosler @wbmosler in his words: Raghuram Rajan: monetization is neither a game changer in stressed times nor a catastrophe. It helps a little at the margin. 1/n
Raghuram Rajan, the quintessential central banker-professor, is back. Explains the process and consequences of monetisation in detail in a LinkedIn post. “Monetisation Is Neither A Game Changer Nor A Catastrophe.” His views explained below 👇🏽 bloombergquint.com/coronavir…
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Taxation and Government Borrowing Once Financed Nation’s Budget. But Not Anymore This fiscal freedom offers countries to take their living standard wherever they wish their citizens to be. But, unfortunately no countries understood this and few surrendered this freedom also
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How do we say @rajnikanth missed anything? Do we know what does he value? These kinds of occasions may be a big thing for certain people; not for everybody.
There was a time when @narendramodi went knocking on @rajinikanth's door. Rajini missed his moment, and you have to wonder what must be going through his mind seeing these visuals! That said, Rajinikanth is a genuinely good, decent, and humble human being. He doesn't need to live this fake life.
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The looming crisis of world unemployment - A Response Viability is relevant to commercial ventures, not to nations building their productive capacity. China offers an important example. While much of the world focused on accounting orthodoxy, China accumulated factories....
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India: M3 / GDP: Around 90 to 95%. China: M2 / GDP: Roughly 230 to 245% China has one of the highest M2/GDP ratios among major economies.
#IndiaWatch🇮🇳: India's money supply (M3) is EXPLODING. It's growing at 17.3%/yr. The 6-month annualized rate is 20.2%. The 3-month annualized rate is 31.5%. THIS SPELLS TROUBLE. Hanke's Golden Growth Rate for M3 is 10.2%/yr, a rate consistent with hitting India's 4% inflation target. IT'S NO SURPRISE THAT INFLATION IS SURGING AND IS WELL ABOVE THE TARGET. THE RBI = LOSING CONTROL.
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Falsely claiming something occurred when it did not; Keep on doing evil acts and portraying it as normal; Partner with the corrupt and claim purity; Beyond politics, teaching this to the younger generation is truly heinous. It is terrifying! #NormaliseEvil #DanceOfTheDevil
நடக்காத ஒன்றை, நடந்தது போல திரும்ப திரும்ப சொல்லிக்கொண்டே இருப்பது; தீய செயலை செய்து கொண்டே, அது இயல்பான செயல் போல உருவகப் படுத்துவது; தீயவர்களை உடன் சேர்த்து கொண்டு, அது தவறற்றது போல் சொல்வது; அரசியல் தாண்டி, இளைய சமூகத்திற்கு இதை கற்றுக் கொடுக்கிறோம் என்பது கொடூர செயல்.
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நடக்காத ஒன்றை, நடந்தது போல திரும்ப திரும்ப சொல்லிக்கொண்டே இருப்பது; தீய செயலை செய்து கொண்டே, அது இயல்பான செயல் போல உருவகப் படுத்துவது; தீயவர்களை உடன் சேர்த்து கொண்டு, அது தவறற்றது போல் சொல்வது; அரசியல் தாண்டி, இளைய சமூகத்திற்கு இதை கற்றுக் கொடுக்கிறோம் என்பது கொடூர செயல்.
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My guess is, more and more voices have to be heard on issues faced by the ordinary, neglected, oppressed people - the voiceless. How many political parties have brought the state of our public schools to light or even journalist like Pallavi?
What’s your guess, Pallavi? Or should I guess why you are speaking the language of BJP? 🤔
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Whoever takes away the wealth produced by you is your robber! Oligarchs survive because government refuses to accept that it is the currency monopoly. Real culprits are those who failed to uplift every single citizen to a respectable living standard using this currency power.
Some people are so naïve that they regard the two Gujarati tycoons as “our own” capitalists, while treating Elon Musk as a foreign capitalist. This is a profound delusion. In a globalised world, Indian origins alone do not make a capitalist “one of us.” Those whom some embrace as “our own” merely happened to be born in India. When one buys cheap Russian oil and sells it to Europe at a profit, concern for the Indian people does not guide his decisions. When the other profits in Israel by selling off Indians’ water, forests and land, or moves Indian money to Seychelles or Mauritius, where is that supposed loyalty? These “Indians” buy foreign citizenship for members of their families. They are simply capitalists. Exploiting Indians does not make them concerned about the welfare of the Indian people. @elonmusk is an American born in South Africa. When he writes about the brutal monopolies dominating the Indian market, he points to a deeply disturbing truth. With a witty jab, Rahul Gandhi captured the anguish of consumers suffocating under Indian capitalism. Speaking out against this brutality under Modi is an act of profound patriotism. Thank you @RahulGandhi 🙏❤️
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One sincere question to @Iyankarthikeyan Why are the salary of the sanitation workers what it is? Why are they not paid the highest salary in government service? Why do physical works always get paid low? One government can get it right! #LackingPoliticalWill
AI இருக்க பயம் ஏன் ?? நாடு செழிக்க AI.. சிறப்பா வேலை செய்றிங்க ப்ரோ இப்போ இப்படி தான் இருக்கு . என்ன பண்ணலாம் ? 🧐
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Requesting Tamilnadu Government to urgently build water troughs for animals throughout the state! The coming year is a expected to be a challenging year for. District Collectors and Forest Department should act fast. @cmo
குடிக்க தண்ணீர் இல்லாமல் திரும்பிய ஆடுகள்... கண் கலங்கவைக்கும் வீடியோ #thoothukudi #nowater #waterscarcity #TamilnaduNews #Puthiyathalaimuraitv
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How sure you are that SIR is a distraction and the main issue could be elewhere? As long as you're not attempting to cleanse the entire process, a segment of people would doubt your intentions, thanks to Anna Hazare. @Cockroachisback @abhijeet_dipke @SauravDassss @AshutoshRanka
To be very clear, even after Gyanesh Gaddar’s resignation, the protest will continue until all the three demands are met. Freezing of voter list pre-SIR and change in the EC appointment process are our other demands.
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AI, Humanity and the Power to Decide Nobel Laureate Daron Acemoglu has raised a series of questions about Artificial Intelligence
Fifth question on AI. AI is currently viewed as a centralizing technology – with ever-larger models, trained on much of the world’s knowledge, running on massive, concentrated compute, overseen by a few companies, and aiming to control and deploy all of that knowledge But many early computer scientists and pioneers thought of digital technologies as powerfully decentralizing, as Simon Johnson and I discuss in our book Power and Progress (hachettebookgroup.com/titles…). One such pioneer, Lee Felsenstein, wrote “The industrial approach is grim and doesn’t work: the design motto is Designed by Geniuses for Use by Idiots.” In the words of one of his collaborators, Bob Marsh, “We wanted to make the microcomputer accessible to all human beings.” And this wasn’t just an aspiration; they believed it was both feasible and natural that computers would empower individuals. The first newsletter of People’s Computer Company also captures this optimism: “Computers are mostly; used against people instead of for people; used to control people instead of to free them; time to change all that – we need a…PEOPLE’S COMPUTER COMPANY”. Should we accept centralizing AI? Or is there a way in which the promise of artificial intelligence can be realized while data, capabilities and control are much more decentralized both across domains and across people? Wouldn’t decentralized AI be more consistent with human agency and control? (Some of the ways in which greater decentralization can happen are discussed in my first post in this series.)
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Honda Cars India customer details are shared with third parties. Chennai customers are pested with marketing calls. #ToshiyukiYanagisawa
Remembering the Mahatma, whose timeless ideals continue to inspire a nation forward. #HondaCarsIndia #GandhiJayanti
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Poachers getting away scot free is an unimaginable monumental crime! How ignorant even administration and enforcement are about the animal kingdom's irreplaceable and integral part of the food cycle! Shame on Orissa!
The Wildlife Society of Orissa (WSO), an environmental pressure group, on Saturday (October 3, 2026) claimed that not a single tiger or elephant poacher has served a jail sentence for the crime in Odisha, pointing to poor enforcement and lack of commitment of the wildlife wing. ✍️@satyabarik thehindu.com/news/national/o…
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CEC is asked to go, not the EVM! Minister was asked to go, not the NEET! That is why, lukewarm response from Tamilnadu. Any particular reason? @Cockroachisback
Replying to @vijaythottathil
if u guys r detained immediately, then u must rethink ur strategy. don’t blame others for ur failures.
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Rajendra Rasu | Monetary Standard and Poverty | retweeted
Replying to @julianHjessop
With floating fx 0 is the natural rate. They should cut rates to 0 and leave them there permanently. moslereconomics.com/wp-conte…
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Saurav, those who wish for a movement which brings solution to real problems faced by the vast marginalised segment, is appreciative of your visits to remote schools showing their condition. Wrt NEET and ECI, the resignations will not solve the issue. So, people may be anxious.
It’s a very big problem. A certain section—not just the BJP—another party thinks “saving India, saving constitution” is only their job. They are self-declared liberals and self-declared thekedars of the constitution. It’s a very salty ecosystem, acting worse than the BJP’s ecosystem sometimes. They must realise that they can’t divide and rule through such tactics. Their massive failures over the years has led us to this moment where the young have to show the way. So they should just zip it on us and focus on how to support the young! Total buffoons!
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There are 68.5 lakh families dependent on NREGA 100 days work in Tamilnadu. Any steps taken to pull such people out of permanent distress, displaying that he is here to make a difference or actions to address those in similar situations?
I never doubted @TVKVijayHQ 's intentions in seeking public office. He is here to make a difference and for the betterment of our people. However I had my doubts about his ability to put in the grind , bear the gruel of a political life. Today he has definitively answered those doubts and silenced his critics. When the going got tough, he stepped up. Today, he looks even more unbeatable
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