LIBROS DEL AUTOR: satish nakul

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  • Why Saving and Investing Doesn’t Work for India’s Middle Class
    Satish Nakul
    In 1947 1 US dollar bought 3.3 rupees. Today it buys over 90.I pulled 20 years of RBI data to find out where the money went.The Sensex grew at 13.8% a year from 2004 to 2024. India’s M3 money supply grew at 12.2% over the same 20 years. Real GDP grew at 6.5%. So roughly 4 out of every 10 rupees your SIP dashboard calls a return is not wealth creation, it is the rupee getting sm...
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