why RBI does not print unlimited notes and makes everyone rich?
Why RBI does not print unlimited notes and makes everyone rich? Hello guys welcome to another post of my blog.In this post i would be telling you that why RBI doesn't print unlimited amount of notes makes everyone rich. At first let me tell you that RBI has the right to print unlimited amount of notes as per need but it doesn't let me tell you first what is currency. What is currency? Currency is medium to buy goods that the other person have. As per norms the buyer will agree to sell goods if the person has currency with him. If a person has lacks of rupees it will remain unproductive if he/she cannot buy goods with it. Why RBI does not print unlimited notes? Let me tell you that RBI has the right to print unlimited notes in India but it doesn't this is because of certain reason the reason I will tell you in the end. Let me tell you one interesting case which occurred in Zimbabwe. the government of Zimbabwe planned to print unlimited note...