Kaushik Basu (@kaushikcbasu) 's Twitter Profile
Kaushik Basu

@kaushikcbasu

Professor of Economics, Cornell University, & former Chief Economist of the World Bank & Chief Economic Adviser, Government of India.

ID: 17797666

calendar_today02-12-2008 03:04:45

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Kaushik Basu (@kaushikcbasu) 's Twitter Profile Photo
Kaushik Basu
@kaushikcbasu

5 years ago

One of my most exciting possessions—a 2-million mark currency note. During the 1923 hyperinflation Germans would carry these in their wallets (those who could afford). It’s a stark reminder of the importance of getting monetary policy right.

One of my most exciting possessions—a 2-million mark currency note. During the 1923 hyperinflation Germans would carry these in their wallets (those who could afford). It’s a stark reminder of the importance of getting monetary policy right.