ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

A+| A| A-

Money Supply The Paradox

S K Rao IN spite of all the indicators pointing to low investment activity in the economy on the one hand and a rapid increase in money supply on the other, tight conditions are reported from the money market every day. This raises the question: if the expansion in credit is not financing new investment where is it going?

To read the full text Login

Get instant access

New 3 Month Subscription
to Digital Archives at

₹826for India

$50for overseas users


(-) Hide

EPW looks forward to your comments. Please note that comments are moderated as per our comments policy. They may take some time to appear. A comment, if suitable, may be selected for publication in the Letters pages of EPW.

Back to Top