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001 63132
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006 m
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010 _a24009350
040 _aUtSlPG
041 7 _aen
_2iso639-1
050 4 _aHG
100 1 _aAmbedkar, B. R.
_q(Bhimrao Ramji),
_d1891-1956
245 1 4 _aThe Problem of the Rupee, Its Origin and Its Solution
264 1 _aSalt Lake City, UT :
_bProject Gutenberg,
_c2020
300 _a1 online resource :
_bmultiple file formats
336 _atext
_btxt
_2rdacontent
337 _acomputer
_bc
_2rdamedia
338 _aonline resource
_bcr
_2rdacarrier
500 _aRelease date is 2020-09-05
508 _aProduced by Joseph Koshy
520 _a"The Problem of the Rupee, Its Origin and Its Solution" by B. R. Ambedkar is a socio-economic treatise written in the early 20th century. This work delves into the intricacies of the Indian currency system, tracing its historical evolution, its theoretical foundations, and presenting potential solutions to the challenges it faces. The author critically examines the transformation of the Indian currency from a gold standard to a gold exchange standard, emphasizing the implications for the rupee's stability and purchasing power. The opening portion of the text lays a groundwork for understanding the complexities of currency in India, particularly during the colonial period. Ambedkar argues that the transition from a double standard of gold and silver to a silver monometallic standard was riddled with errors and ultimately led to economic instability. He highlights the inadequacies of existing currency reforms and critiques the prevailing opinions of other economists, including John Maynard Keynes, asserting that merely addressing surface symptoms of currency issues will not suffice. Instead, Ambedkar posits that a more radically structured currency, possibly involving an inconvertible rupee with a controlled issuance, would offer a more stable economic foundation for India moving forward. (This is an automatically generated summary.)
534 _nOriginal publication data not identified
653 _aCurrency question -- India
856 4 0 _uhttps://www.gutenberg.org/ebooks/63132
999 _c103956
_d103956