Instead, I want to follow a different path and ask are there factors that contribute to asset price booms, that can be identified and eliminated or, at least, reduced? I have in mind various incentives, informational deficiencies and dubious practices which occur during the boom, but which we always seem to discover well after the bust has occurred.
the interests of the consumer. I am glad to note that the FPSB India is also focusing on financial literacy and solutions for the rural population. The focus on the common man is extremely important in our country as he is usually the neglected one.