Monday, January 09, 2006

The Reserve Bank of India

Am stunned by the opaqueness of the vocabulary, and jargon, used by our Central Bank, in describing our monetary policies. Check it out: http://www.rbi.co.in under Monetary and Macroeconomic Developments.

The terms used to describe the "Real" Economy are understandable even if the figures don't seem to hold. But they really lay the jargon thick when it comes to describing the Monetary and Fiscal situation.

Yawn... Gotta go to sleep.

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