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More Government Intervention: Modi doubles down

posted 11 Jan 2017, 00:29 by harp guy
The world has seen unprecedented wealth creation since the growth of free market economies. The evidence for free markets is overwhelming: All developed countries have markets that are free, but every country that is poor is because it suffers from obtrusive government intervention.

The Indian government under Modi, however, is increasing its meddling in financial matters. But like all government interventions, it will be damaging to India’s economy and its financial markets.   
harp guy,
11 Jan 2017, 00:29