It's amazing if these kids asked these questions. I remember in school, teachers would often hand chits to students that would then read them out in front of a guest. I have a strong feeling that not just journos, most professionals wouldn't be able to ask such good, well informed questions. School kids anyway having this kind of in depth knowledge is unrealistic. At best, It's probably like most of our education, should be able to reproduce at the right time and place rather than have an in-depth understanding of things. That's just not in India, that's everywhere. I once read a book by an Oxford graduate who deeply resented the way he was taught history. As random names and dates, or event to be memorised rather than have a real understanding of the story of the world. The game is rigged against the common man. Jab tak cheezein samajh aati hain. the man is too trapped in the setting of having a job to support the family to do much about it and those are the lucky ones.
Academic-Intellectual-Diplomatic-Patriot-Common Sensical-Street Smart-Crowd Puller-Dr.Rajan is a Class Act! The most worthy contender for being the Finance Minister of India. Hopefully, that day will come soon.
Our Ex RBI GOVERNOR is best Rupee manager in the World. But unfortunately Banks are not followed his words So that he used his wepen The Letter of Rg Thanks to you Sir(Raghu Ramrajan)
1.Hard earned money is bogus concept like money. 2.you can work on your land for food point you should work for food rather working money through which you can buy food.
We cant print money as our wish...as then more money will be available to people and then the demand of goods will also go higher ...more no of people will be ready to buy same product...as a result the money you are earning same side you are spending more..so result will be same...but it has cons as it will effect the value of our currency...value of rupees will go down...
There is only infinite value of good knowledge which progress the every sector of our life that is physical mental and spiritual scientific sector which leads prosperous of human beings
I m region my job Global...World ECONOMIC FORUM LAW.....I M CAN'T INTERFERE....I m inform u continue All Arubu country...can't disturb...any members...
If this system continues than there is no way we can control inflation, Rajan argument doesn't make sense because in 1950 people salary used to be 10 rs or may be less than that and with that people were able to manage the expenses and today with 50000 salary also you can't manage your basics thats good clothing and shelter so there is high rate of inflation.
What you said is absolutely right sir ...the subject very difficult than simply throwing a bullet question. this can be realised only when we get deep into the subject
1.nowadays we have have excess good and services available with no/less money to buy. 2.increase in money should lead to increase in production but when production is increased but consumer and middleman of supply chain don't have money to buy than? 3.rbi job is to stop/manage inflation, lie every year inflation goes up and money supply also goes up, if we compare the money supply of 1950 and 2020 than we will know every year money supply increased which has led to increase in inflation but the only point we do year on year inflation calculation not from base year like after independence so which gives a fake picture of inflation of 5 to 10 percent. 4.printing money management this rule is framed for india by Indians?, No it's a international rule framed by international mafia to rule the world. 5.deficit whether it's individual, company or government all are in deficit why we are deficit point is the rulers of the world want us to be in debt or deficit. 6.deficit financing will not lead to inflation because if company, individual or government have spent more than it earned point is they spent and it's a productive spending which will lead to increase in production for company and government and for consumer it's productive consumption what is wrong in financing that? 7.if you give 10000 to every family by default it will lead to increase in consumption and it will supplement production instead of just focusing on increasing production and people don't have money to consume. 8.basic minimum income should be credited to all families, debt should be waived off on case to case basis for individual, companies. 9.when Central banks supplies money it's a form of slavery, it's slavery where we work for money and with that money we consume, it's slavery where the masters have money supplying machine and they control the money supply they don't bother to give poorest of poor a meal for a day. 10.india so many goes hungry that girl is saying people won't work today we have so many unemployed people, atleast rbi can give money to poorest of poor so that they can feed themselves it's inhumane when they say it will lead to inflation Rajan knows the value and cost of printing money is peanut.
Good question for which everyone should have clapped is people are poor still there is inflation? Answer given by Rajan they are excluded from supply chain they are not contributing because they don't have jobs, it's a unfair criticism as per economics textbook which he is quoting, who will give job?, Whose responsibility is to give job?, Educated unemployed youths are high if the number of jobs are less than what will rbi do?, Why blame them?
Raghuram Rajan is better off as a teacher rather than a central bank governor. He feels more comfortable amongst the kids than politicians and economists!
@@gabrielnadar5985 - Rajan lives and revels in the bookish theoretical world; he has been found wanting on many occasions in not being able to grasp the real world of economics, especially at microeconomic level. I have ample proof of that.
Ankit Chaudhary - That’s a very stupid comment to make. Rajan is bookish/theoretical expert; he has no field experience whether in forex, money market, lending, banking, credit financing,, micro financing etc. There is always a 25% gap between a theoretical and real world model, and that gap increases in micro financing (major area in India). Rajan’s lack of field experience made him take stupid decisions.
@@vikramrazdan5680 yeah i know what all allegations you can make. But what's your credibility to judge him sir ohhh you must be some renowned economist. You should apply for indian finance department or you can be in IMF. Just a small quote for you sir. "The problem with the world is that the intelligent people are full of doubts, while the stupid ones are full of confidence." Please bring down your confidence. Rajan was the one who predicted economy crises of 2008 in 2005. I don't have any doubt in his expertise he has proved many time. I know you collect facts to criticize someone without knowing the situation and other important/unimportant things.
This man's thoughts didn't help any common Indian and gone to his Native Chicago to seek Roti, kappada (cloth), Makan(house) as anyother fortune seekers over there.
kids asked better questions than presstitutes...
The wordplay fits perfectly with current situation in media
I loved his way of answering the questions, he proved that he is the good teacher too! He is awesome :)
He's one of the best teachers across the world! You dont get a chair at MIT that easily :D
So true :(
Also a good diplomat!
Absolutely..
❤️😊✍️
10:15 the guy beside Dr. Rajan gave one of the best expressions!
Professor Rajan.. We love u...
he is real hero according to me the way he replies is awesome
It's amazing if these kids asked these questions. I remember in school, teachers would often hand chits to students that would then read them out in front of a guest. I have a strong feeling that not just journos, most professionals wouldn't be able to ask such good, well informed questions. School kids anyway having this kind of in depth knowledge is unrealistic. At best, It's probably like most of our education, should be able to reproduce at the right time and place rather than have an in-depth understanding of things. That's just not in India, that's everywhere. I once read a book by an Oxford graduate who deeply resented the way he was taught history. As random names and dates, or event to be memorised rather than have a real understanding of the story of the world. The game is rigged against the common man. Jab tak cheezein samajh aati hain. the man is too trapped in the setting of having a job to support the family to do much about it and those are the lucky ones.
Academic-Intellectual-Diplomatic-Patriot-Common Sensical-Street Smart-Crowd Puller-Dr.Rajan is a Class Act! The most worthy contender for being the Finance Minister of India. Hopefully, that day will come soon.
i wish all schools in India get teacher like him..... he explained everything so nicely.... salute u guv...
17:49 Little did the guy know at that time
"Down to earth" person.
I just loved the way he is answering questuons of little kids.
Rajan Sir is an inspiration for many in innumerable terms
He is just awesome... the simplicity with which he explains is admirable...
He and Viral Acharya was one of the noted economists India ever produced.
Raghuram rajan has a great knowledgeous person of our country I have great respect for him
Wonderful session
Our Ex RBI GOVERNOR is best Rupee manager in the World.
But unfortunately Banks are not followed his words
So that he used his wepen
The Letter of Rg
Thanks to you Sir(Raghu Ramrajan)
I was looking for the answer that what is inflation. And i got Mr. Rajan here explaining inflation to school kids. Thats great..
Hope to see him as a robust finance minister of India soon one day !! India is in need of such leaders to revive our economy back on d track .
What a man Dr Rajan is. How humble, intelligent and kind given the level of knowledge he possesses.
Love you sir please come back to india and give your contribution to the india
They left because of Narendra Modi. Nothing other.
Extremely good and influencing.....
Profound Regards
1.Hard earned money is bogus concept like money.
2.you can work on your land for food point you should work for food rather working money through which you can buy food.
"We will do whatever it takes" :)
That was one of the most amazing interview I saw till date
Best!!!!
Great RBI Governor for india....
रघुराजनजी*Goodilvu
We cant print money as our wish...as then more money will be available to people and then the demand of goods will also go higher ...more no of people will be ready to buy same product...as a result the money you are earning same side you are spending more..so result will be same...but it has cons as it will effect the value of our currency...value of rupees will go down...
My Idol❤️
For financial subject।
There is only infinite value of good knowledge which progress the every sector of our life that is physical mental and spiritual scientific sector which leads prosperous of human beings
In these illegitimate time's I take the ram legal roads for yours & mine and avoid hurting and pain giving stints with children.
Dream life
I m region my job Global...World ECONOMIC FORUM LAW.....I M CAN'T INTERFERE....I m inform u continue All Arubu country...can't disturb...any members...
The economist with humanity
when was this done ? sensex is shown as 20k . seems long back
The market position is of January 31, 2014 Friday. So this video may be broadcasted on that friday or saturday (Feb 1) or sunday (Feb 2).
Great Governor Of India
If this system continues than there is no way we can control inflation, Rajan argument doesn't make sense because in 1950 people salary used to be 10 rs or may be less than that and with that people were able to manage the expenses and today with 50000 salary also you can't manage your basics thats good clothing and shelter so there is high rate of inflation.
EX-ARMY K.SAMPATH REQUEST YOU TO I WANT BSBD ACCOUNT OPEN NO MINIMUM BALANCE
Rajan jee hamare desh ko anmol ratan diye jo shayad koi governor de paate.
What you said is absolutely right sir ...the subject very difficult than simply throwing a bullet question. this can be realised only when we get deep into the subject
EX-ARMY K.SAMPATH SEEN YOU TUBE GOVERNER DR, RAGHURAM G.RAJAN MASTER FINANCE CLASS TEACHING
1.nowadays we have have excess good and services available with no/less money to buy.
2.increase in money should lead to increase in production but when production is increased but consumer and middleman of supply chain don't have money to buy than?
3.rbi job is to stop/manage inflation, lie every year inflation goes up and money supply also goes up, if we compare the money supply of 1950 and 2020 than we will know every year money supply increased which has led to increase in inflation but the only point we do year on year inflation calculation not from base year like after independence so which gives a fake picture of inflation of 5 to 10 percent.
4.printing money management this rule is framed for india by Indians?, No it's a international rule framed by international mafia to rule the world.
5.deficit whether it's individual, company or government all are in deficit why we are deficit point is the rulers of the world want us to be in debt or deficit.
6.deficit financing will not lead to inflation because if company, individual or government have spent more than it earned point is they spent and it's a productive spending which will lead to increase in production for company and government and for consumer it's productive consumption what is wrong in financing that?
7.if you give 10000 to every family by default it will lead to increase in consumption and it will supplement production instead of just focusing on increasing production and people don't have money to consume.
8.basic minimum income should be credited to all families, debt should be waived off on case to case basis for individual, companies.
9.when Central banks supplies money it's a form of slavery, it's slavery where we work for money and with that money we consume, it's slavery where the masters have money supplying machine and they control the money supply they don't bother to give poorest of poor a meal for a day.
10.india so many goes hungry that girl is saying people won't work today we have so many unemployed people, atleast rbi can give money to poorest of poor so that they can feed themselves it's inhumane when they say it will lead to inflation Rajan knows the value and cost of printing money is peanut.
Good question for which everyone should have clapped is people are poor still there is inflation?
Answer given by Rajan they are excluded from supply chain they are not contributing because they don't have jobs, it's a unfair criticism as per economics textbook which he is quoting, who will give job?, Whose responsibility is to give job?, Educated unemployed youths are high if the number of jobs are less than what will rbi do?, Why blame them?
Raghuram Rajan is better off as a teacher rather than a central bank governor. He feels more comfortable amongst the kids than politicians and economists!
Sub standard comment Razdan.
@@gabrielnadar5985 - Rajan lives and revels in the bookish theoretical world; he has been found wanting on many occasions in not being able to grasp the real world of economics, especially at microeconomic level. I have ample proof of that.
@@vikramrazdan5680 who are you?
It's not a troll but a genuine question. What's your credibility to question rajan
Ankit Chaudhary - That’s a very stupid comment to make. Rajan is bookish/theoretical expert; he has no field experience whether in forex, money market, lending, banking, credit financing,, micro financing etc. There is always a 25% gap between a theoretical and real world model, and that gap increases in micro financing (major area in India). Rajan’s lack of field experience made him take stupid decisions.
@@vikramrazdan5680 yeah i know what all allegations you can make. But what's your credibility to judge him sir ohhh you must be some renowned economist. You should apply for indian finance department or you can be in IMF.
Just a small quote for you sir.
"The problem with the world is that the intelligent people are full of doubts, while the stupid ones are full of confidence."
Please bring down your confidence.
Rajan was the one who predicted economy crises of 2008 in 2005. I don't have any doubt in his expertise he has proved many time.
I know you collect facts to criticize someone without knowing the situation and other important/unimportant things.
Demonetization word explored here, which was stimulate for modi bhaktha to make it happen.
mere bhaiya isi school se pde h
He is fit for teaching only?! Being a pet of chidambaram become the governor of RBI even though USA citizen.?! Ex. IAF
RAGHU IS US AGENT WORKED FOR WORLD BANK NOT INDIA
Bhaktha spotted
Zaatu spotted.
Back to Kindergarten with Raghuram Rajan.
This man's thoughts didn't help any common Indian and gone to his Native Chicago to seek Roti, kappada (cloth), Makan(house) as anyother fortune seekers over there.
U r not bhat, bhaktha
You just gave a proof that you have never been in a class of finance in your university. Oh have you ever gone to university.