Let Indians spend their gold to help ease our rupee problems—Here's how

· livemint.com

Official policy discourages Indians from buying gold, but maybe a better policy would be to let them spend it. India could enjoy a gold standard without asking the Reserve Bank of India (RBI) to buy a gram of it or peg the rupee to anything. Here's how.

Official policy discourages Indians from buying gold. A better policy would be to let them spend it. India could enjoy a gold standard without asking RBI to buy...


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