Currency is printed by the RBI in India.Then Why doesn't it print unlimited currency to eradicate poverty completely?
Can Rbi print unlimited currency?
What is the limit for printing currency in India? How does RBI pump new currency? What will rbI do with old currency notes? How will RBI print new 500 and 2000 notes? Can RBI issue new notes out of thin air without exchange of something like gold? Banking: How much currency can a country print? How does the Indian government print currency? What is the optimum denomination for currency notes in India? Should RBI be made independent? What will RBI do with scrapped currency notes? How much new currency does the RBI put into the market every year? How much money could be printed over a year? What is the criteria for printing currency in India? What will happen if some people could print and distribute the proposed Indian currency in huge amounts along with the notes issued by government? Why didn’t RBI introduce the plastic currency in India with the new 500 and 2000 notes? What will be the barriers to implementing a universal currency? What do you think about RBI directive of allowing only once to deposit old notes in bank account? What is the process of exchanging old 1000 in RBI? Why does the Indian government issue coins despite having the RBI? Why don't Indian Government or RBI start issuing plastic Indian currency instead of the existing paper currency notes? What if the government of India would have never printed currency notes worth more than hundred rupees? Would that have helped India now? How much will it cost for the RBI to print the new Rs 2000 note? Would it be possible to print a different currency and then buy all of their valuables, leaving them in a state of inflation? When is India going to have plastic currency notes? Is there any 100000 Rupee coin minted by RBI? Who regulates the printing of currency in India? How does the Indian government issue currency notes? Why isn't the RBI using de-monetization of ₹500 and ₹1000 currency notes as an opportunity to push for polymer notes? What if RBI and banks would come up with a rule stating, we won't accept the currency notes if anything is written on top of it? Is it efficient if RBI works independently without any pressure of ruling government? RBI is planning to destroy 1000₹&500₹ notes, can't they recycle them for 100₹ & 50₹ notes?