Rahul Mehta Gandhinagar LsCandidate
Why all macro-economists are crooks ?
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say A gives loan of say Rs 1000 to B
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so will rupee volume increase?
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yes - if govt has certified A as bank.
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no - if govt has NOT certified A as bank !!
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So why should a phenomenon depend on govt certificate?
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eg does outcome of application of laws of physics, when applied on some interacting rigid bodies, depend on how govt certifies those bodies? NO.
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So a centraol concept of macro-economics is rupee volume aka money supply.
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When a Bankowner-A gives loan to X , rupee volume increases
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When a non-Bankowner-B gives loan to same X, rupee volume does NOT increase
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And who decides whether A or B are bankonwer or not?.
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Govt certificate !!! A person become bank owner when he gets sertificate from Govt and not oitherwise !!
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This is a FACT that macro-economists cleverly cover up in their textbooks etc. Basically macro-economists are not liars, but crooks who cleverly hide IMPORTANT truths.