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Showing posts from December, 2024

What do Central Banks do ?

Central banks play a critical role in maintaining the economic stability of a country. Their primary objectives include managing inflation, stabilizing the banking sector, ensuring the value of money, and sometimes, promoting employment. The Debunking Economics podcast with Steve Keen delves into these functions, providing clarity on how central banks operate and their profound impact on the economy. Let’s break down the discussion and analyze the core concepts. This podcast segment also unpacks several aspects of their operations, offering insights into bond markets, interest rates, monetary policy, and the interaction between central banks, private banks, and the real economy. Let’s break down these topics for clarity and depth.

1965-1967 India-China-Pakistan

 I read a book titled "1967 watershed, India's forgotten victory over China" which is a very well written, detailed book about events from 1965-1967 and dynamics of India-Pak-China relations. Click here to read some helpful resources and main points from the book

The Battle of Rezang La

*Battle of Rezang La* is a beautifully written book that keeps the reader thoroughly engaged. The pacing is just right, allowing the narrative to evoke a strong sense of pain, anger, frustration, patriotism, and pride in the valor of the soldiers.