The Wrong War

Abstract

In a week when the Reserve Bank of India (RBI) has said that combating inflation is now its primary focus, it is important to ask: is RBI fighting yesterday’s war, instead of peering into the future to glean what might be coming — as monetary policy is supposed to do? http://www.business-standard.com/india/news/t-n-ninanwrong-war/434742/inflation, RBI, Reserve Bank of India