Raghuram Rajan Quotes
We have very stable, solid economy; we are going through challenging times.
Rajan, Raghuram. Post-Monetary Policy Press Conference. Reserve Bank of India, Mumbai, 2015.
Biddle and President Andrew Jackson were in a major struggle about banking in the United States in general a Bank of the United States in particular.
Prince de Benévant. Alexander Hamilton had devised a system of bonds to assume the revolutionary war debt, and, despite the objection of many other politicians like Jefferson, assumed a national debt. But the Untied States was growing and Hamilton’s bonds were so well implemented, that even the sophisticated leaders of Europe were openly admitting that U. S. Bonds were excellent investments and Europeans and other foreigners have been buying American debt ever since.
The great scholars were as wrong as everyone else about the Great Depression
Raghuram Govinda Rajan is an Indian economist and the Katherine Dusak Miller Distinguished Service Professor of Finance at the University of Chicago Booth School of Business. Between 2003 and 2006 he was Chief Economist and Director of Research at the International Monetary Fund. From September 2013 through September 2016 he was the 23rd Governor of the Reserve Bank of India; in 2015, during his tenure at the RBI, he became the Vice-Chairman of the Bank for International Settlements.