Govt. can fire me if it wanted - Raghuram Rajan Hitskin_logo Hitskin.com

This is a Hitskin.com skin preview
Install the skin • Return to the skin page

Coffeehouse for desis
Would you like to react to this message? Create an account in a few clicks or log in to continue.


Govt. can fire me if it wanted - Raghuram Rajan

Coffeehouse for desis :: Coffeehouse :: Coffeehouse Main

Go down

Govt. can fire me if it wanted - Raghuram Rajan Empty Govt. can fire me if it wanted - Raghuram Rajan

Post by Marathadi-Saamiyaar Sat May 10, 2014 10:57 pm



...."I determine the monetary policy. I say what it is. The government can fire me, but the government doesn't set the monetary policy. So, in that sense, am I independent! Well, I am happy to talk to the government. I am happy to listen to the government but ultimately the interest rate that is set is set by me," he said at St. Gallen Symposium in Switzerland.

Hahaha....of course...he has a tenured full professor job with even higher pay at Univ of Chicago to go back to...(he is on leave)...That is good.. Important positions should be held by people whose survival is not dependent on Govt. In fact, that is the main reason behind appointing "retired" people as Governors and presidents (at least supposedly).

Marathadi-Saamiyaar

Posts : 17675
Join date : 2011-04-30
Age : 110

Back to top Go down

Back to top

- Similar topics

Coffeehouse for desis :: Coffeehouse :: Coffeehouse Main

 
Permissions in this forum:
You cannot reply to topics in this forum