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

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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?

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