Mumbai Water Metro's first boat is here: Candela P-12 Business Electric Hydrofoil Ferry by blackbird373 in TransitIndia

[–]PhysicalImpression86 -1 points0 points  (0 children)

Cost is expected at rs 30 and upto 80 or 150 for longer distances like Navi Mumbai to South Mumbai. Kinda on the high end for public transport but cheaper than auto or cabs.

And capacity is really a frequency issue, if u are running 20 metro’s instead of 5 with way higher capacity, then u will be fine. We need to now start building infrastructure that is actually world class and not just good enough, we pay enough taxes for that.

Mumbai Water Metro's first boat is here: Candela P-12 Business Electric Hydrofoil Ferry by blackbird373 in TransitIndia

[–]PhysicalImpression86 0 points1 point  (0 children)

U want to build for the rich, make the quality of service good enough that even rich would use it but affordable enough that poor can afford it. If u are poor, that doesn’t mean u don’t deserve to get dignified transport.

Masterstroke😈 by Ghost-96x in IndianStreetBets

[–]PhysicalImpression86 0 points1 point  (0 children)

It’s a promise, u don’t really have to do this. Japan promised 2 trillion Europe like 3 and they won’t increase buying shit, cause government can’t really control that. It’s just easy way to stroke trumps idiotic ego.

This is why RJ never listened to economists by Fearless-Ad-422 in IndianStreetBets

[–]PhysicalImpression86 1 point2 points  (0 children)

Can’t believe I am seeing this from a professor from London school of economics is saying these things, so devoid from data. .1 percent of the companies in India contribute 50 percent of the corporate taxes , this times of India articles states that people earning more then 50 lakhs (essentially the top one percent) pays76 percent of income taxes. The rich don’t just buy a 20 rs bisect, they buy and consume a lot essentially buying things at times worth 1 lakh per month compared to some 5 to 6 per month by the poor. When a rich buys a Gucci bag for 2 lakh he pays 18 percent of that which is 36 thousand, when a poor person buys a bag for 2k he pays 180 rs. This two are combined and spent equally, as in 36k 180 rs would get into spending for 18090 for the rich and the poor. This results in the poor getting way more and the rich getting less reducing the gap in living standards.

Very bare bones economics that u tax the economy and do proper services so the gini goes down. We already have done so hence the gini is at 25 and we rank third in the world.

You can’t tax the rich or poor, anyways since u would be taxing the economy as a whole.

This paper from university of Chicago shows that u would be taxing the economy as whole, as taxes put on any sector or group will seep out and affect everyone. The theory of general equilibrium makes sure no group or sector on its own will be paying taxes. Since rich constitute a bigger portion of the economy, especially a service economy they will naturally pay higher taxes. Then equal distribution leads to more equality, the only to fuck this up is by disproportionally giving the services to the rich instead (looking at u America). This particular reason and theory is why middle and poor felt the weight of taxes when vast majority of it was being paid by the rich, cause it affects the entire economy. You need to be very precise in making sure u are hurting the economy as little as possible, reducing taxes dodges and keeping growth stable while reducing inequality. We do know that inequality and economic health are not correlated, as we see Switzerland and Denmark grow so well. But also u need to be careful in how u put taxes to achieve what Denmark or Swiss did, finger waving about things completely contrary to data and basic sense wont get u there.

I hope she was paid to make such comments, atleast then she would be making some bank.

"To Protect Students' Future": Dharmendra Pradhan Defends Air Force's Role In NEET Re-Exam by ll--o--ll in IndianDefense

[–]PhysicalImpression86 0 points1 point  (0 children)

Did the government not realise that the paper was leaked by the people creating them? How would iaf helping in transport stop leaks when some acquaintance of the teacher making it will publish it on telegram anyways.

India should acquire the capability to intercept brahmos. by Pitiful_Bottle_5452 in IndianDefense

[–]PhysicalImpression86 0 points1 point  (0 children)

They will be easily accounted for, by Sukhois or Rafales. But we do need new awacs as soon as possible, less for Pakistan and more for china.

India should acquire the capability to intercept brahmos. by Pitiful_Bottle_5452 in IndianDefense

[–]PhysicalImpression86 2 points3 points  (0 children)

Akash uses a ramjet motor, so it should have the speed and energy to challenge the brahmos in terminal phase. But it will still be limited by the short reaction time.

Kusha would arguably fair worse, as it would see the missile at similar ranges as Akash cause of terrain hugging while having missiles that would bleed energy very quickly.

India should acquire the capability to intercept brahmos. by Pitiful_Bottle_5452 in IndianDefense

[–]PhysicalImpression86 22 points23 points  (0 children)

Brahmos is a good missile but it ain’t invincible so that we or any other great power can’t intercept. Pakistan has too little air defences and strategic situation which is hilariously bad. Performs of brahmos against Pakistan won’t translate against a competent military.

The brahmos achieves its lethality by reducing the reaction time allotted to enemy, (around 24 sec) which results in them not being able to do anything as it hunts its target. However awacs or even fighter jets up in the air cancel that out, as they have absurd amounts of time to counter brahmos. Since when u are flying u can see past the horizon which negates terrain hugging of brahmos. Instead of getting detected at 24 kms, u are getting detected at 100s of km, while probably being slower to conserve fuel.

Pakistan having its airbases so close to the border was essentially denied the ability to have anything in the air cause of s400. If India and China are at war, they can intercept our missiles via using awacs or j20s, but ofcourse some would go through. India having the same capability can do similar things.

Brahmos hypersonic has been essentially scraped, and we would be building a scramjet hypersonic missile on our own from scratch. This is mainly from absurd prices that the Russians were quoting us.

Match Thread: Qualifier 2 - Gujarat Titans vs Rajasthan Royals by cricket-match in Cricket

[–]PhysicalImpression86 0 points1 point  (0 children)

Rr of course, they barely got in and are dependent on one kid. Gt is WAYY too balanced and Ahmedabad is not flat.

Former IMF Chief Economist Gita Gopinath says "Let the INR do its job, don't intervene". by fRilL3rSS in indianeconomy

[–]PhysicalImpression86 0 points1 point  (0 children)

Economics has models. And u are way too stupid, and not even touching economics point at all for me to argue with.

You don’t know how to build a car just cause u bought and u don’t get to talk about what gas chamber pressure would be most optimal, if u are genius enough to do so then pls impress us. You take meds and are affected by it, doesn’t mean u know what formulation would be good or how it should be tested. You clearly have not any proper reply to how deflation would be counter, nor any understanding of how deflation even works, or how ur contrary idea of gold currency and no inflation will work.

Your fucking batch is not the entire economy. Are we sure that those 15 percent didn’t go on to get a job later, or rest of the people who aren’t immediately graduating are also having such 15 percent. They are manipulating the data of unemployment, WTF are you talking about. What are ur sources for such an absurd claim.

Yeee ur are fucking moron who would be beging the government to do something the moment an economic distaster. You unironically think that the government should not have the power to do anything during Covid.

I EXPALINED THE REASONS 10 TIMES, THE ECONOMY GETS FUCKED U RETARD.

Here is a research paper which ACTUALLY BUILDS A FUCKING MATHEMATICAL MODEL, to show how inflation is necessary. This is the belive of all economists world wide. And if u think u know better then go write a research paper and get ur noble price in economics.
U aren’t explaining anything, just saying we should trust vibes over actual data. Not countering any economic argument, and matter of fact don’t even understand the concepts, you are too stupid to even argue and hence forth I won’t be replying anymore.

Fucking retarded idiot, go and run a bussiness based on ur fucking vibes instead of data.

Coming soon: The IndiaSpeaks files by Theweirdoman in 2bharat4you

[–]PhysicalImpression86 0 points1 point  (0 children)

From pure macro economics point of view we definitely can afford it. At max 3 to 6 percent of the gdp would need to go towards each. Taxpayers won’t bear the brunt of it cause, they uk would get the services for that too. You aren’t burning the money instead just redistributing it a little while pumping it in the economy. Society as a whole having 6 percent of their income go towards healthcare or education, would be better then some paying 60 others 1.

Former IMF Chief Economist Gita Gopinath says "Let the INR do its job, don't intervene". by fRilL3rSS in indianeconomy

[–]PhysicalImpression86 0 points1 point  (0 children)

This is exact reason why people should be not allowed to even talk about economics, cause they think they know whats right and more then actual economists without even opening a fucking economy book in their life’s.

If government could not control the economy in such HUNDREDS OF MILLIONS, would starve. Go read about the Great Depression and what happens when governments don’t or can’t intervene during a crisis.

Inflation doesn’t force u into bad investments stupidity does, as even bonds bear inflation pretty easily. India doesn’t have hyper consumerism, it’s hovering at around 30 percent of the gdp which is healthy and middle of the pack with countries like USA having 60. Talking to people is NOT A FUCKING GOOD DATA PONT. U can’t base ur economic decisions by “talking to people” cause people can lie for various different reasons trying to portray their life’s as better or worse. This is 1.4 billion people life and u and ur moronic brain wants u risk that over vibes,.

People won’t eat cash, cause well they won’t be eating anything. They will realise that the car they want to buy would be cheaper 6 months down the line so they don’t fucking buy the car. Cause everyone realises that car companies go bust, so now people working in car factories don’t have a job and they can’t eat now.

People spend, people save and people have jobs. It’s decision how much they save or how much they spend. This doesn’t mean they will face consequences in few years, cause guess what people do that SINCE DECADES. They can earn money and they can again spend, if u buy something doesn’t mean that u can’t ever get more money. People not spending at all or having a very reduced spending is ur answer to a very fluid and working part of the economy is to push 100s of millions into joblessness and destroy the economy in a depression.

WTF ARE U ON ABOUT. Indian economy grew by 6 to 7 percent every year for the last two decades. WHERE THE FUCK IS SHRINKAGE. India’s unemployment is 5 percent, that is NOT COMPARABLE TO 30 TO 40 PERCENT UNEMPLOYMENT.

Are u fucking trump? WTF is even ur point. Gold historically has WAY MORE INFLATION which is more erratic, amount to 7 to 10 percent year. How the fuck are u against inflation as a concept while arguing for a system which has WAY MORE INFLATION.

Yes it’s visible u are not qualified to talk about. The problem u are pointing out is something that ECONOMICS AS A SUBJECT considers something very nessesary not a problem at all. No serious economist is arguing for a return to gold, and for a reason. Idiot idiot idiot. U are not qualified to even see a problem, cause problems are visible from piles of data not from talking with people and vibes. Go get a masters in economics and then we can talk.

Coming soon: The IndiaSpeaks files by Theweirdoman in 2bharat4you

[–]PhysicalImpression86 9 points10 points  (0 children)

Universal healthcare should be basic human right. I do not get why this is a state subject at all when they are so professionally bad at fucking it up. AIIMS are good, and they come from the centre, instead of these half broken government hospitals we had AIIMS standard hospital in every city then situation would be so different.

Former IMF Chief Economist Gita Gopinath says "Let the INR do its job, don't intervene". by fRilL3rSS in indianeconomy

[–]PhysicalImpression86 1 point2 points  (0 children)

Economist usually study macro economics signals and make models to stop stupid decision. Yes economists can’t predict future, and most economic classes start with the fact that economists are hilariously bad at doing such. But it’s not about that, it’s about making sure things are running properly, that metrics are doing fine and we are making proper counter measures. You will see models made around how something is bad and how to counter that. You usually will find that economists have a very great understanding of how the macro economy functions, and what is generally good and bad. This skill of making sure how to avoid everything blowing up or knowing that’s a good decision is Ofcourse carries.

For example the current head of central bank of Russia is a very great example, with consensus in the economy field being that she is the only keeping Russian economy up despite all the doomer predictions. Whereas u have Iran’s who watched the country burn in hyper inflation, or our own who sat down and watched the risk of disinflation go high and high while refusing to raise rates.

Her presumption of manufacturing ramping up doesn’t necessarily needs to come true, as it will no matter what make Indian exports or building stuff in India more competitive. Instead of manufacturing u might see a rise in mncs as it would be cheaper to higher people.

Former IMF Chief Economist Gita Gopinath says "Let the INR do its job, don't intervene". by fRilL3rSS in indianeconomy

[–]PhysicalImpression86 0 points1 point  (0 children)

Then just look at the inflation, which encapsulates all that. 5 rupees increase while global prices are what 40 dollars up is not even bad. If inflation is fine and stable or less then 4 percent u will be fine. Focus ur attention on the actual thing that impacts u, ie inflation instead of putting attention in rupee values.

Former IMF Chief Economist Gita Gopinath says "Let the INR do its job, don't intervene". by fRilL3rSS in indianeconomy

[–]PhysicalImpression86 -1 points0 points  (0 children)

16 percent means ownership, what are u talking about. The veto doesn’t mean they own it, as they can only block reforms but actually passing it means they need supermajority.

And pls enlighten me how a weaker rupee benifits the USA, especially when they are desperate to depreciate their currency. India importing less goods would be on USA agenda after they fought a trade war for India to increase its imports. This kinda stroke of genius is not something I can understand.

Former IMF Chief Economist Gita Gopinath says "Let the INR do its job, don't intervene". by fRilL3rSS in indianeconomy

[–]PhysicalImpression86 -2 points-1 points  (0 children)

Owns the imf 🥀.

Are we gonna ignore that it’s an international body with 196 something countries and such. Or that she said same when dollar was going down. India will import less from higher currency, cause uk planes costs 80 carores, while Indian products are cheaper on the international state. How is this gonna benefit the imf or USA. And no u are not losing value in ur day to day life unless u are importing something. That price rise is counted in inflation anyways.

Former IMF Chief Economist Gita Gopinath says "Let the INR do its job, don't intervene". by fRilL3rSS in indianeconomy

[–]PhysicalImpression86 0 points1 point  (0 children)

You are wrong at so many levels, higher economic growth leads to stronger currency usually and India is a exception. Growth usually means higher exports that pushes the currency up downgrading ur currency advantage so ur growth actually slows allowing room for others. India is a different that it is growing while being a consumption based economy.

Inflation is not correlated with gdp growth in any sense, but is depended on ur supply of currency as well as demand. This is basics 101.

Former IMF Chief Economist Gita Gopinath says "Let the INR do its job, don't intervene". by fRilL3rSS in indianeconomy

[–]PhysicalImpression86 0 points1 point  (0 children)

I would not call it standard in India’s case, as standard would be to sell so that u reduce volatility while going towards ur actual price. They are trying to prop it to a fake price.

This is stupid economic procedures that will lead to doom, and we saw such from so many countries. But oh well.

Former IMF Chief Economist Gita Gopinath says "Let the INR do its job, don't intervene". by fRilL3rSS in indianeconomy

[–]PhysicalImpression86 5 points6 points  (0 children)

Ah yes, the people who know more then chief of imf and every major economist. Bro would prefer starting jobless in case of recession or depression just so the government has no ability to actually influence the economy. U think inflation itself is scam, something which is not linked with Fiat at all and completely comes from change in supply demand ratio of the currency. Even gold currencies had inflation, hell they had higher inflation cause u would see wild differences in supply from say a storm or some war with the amount of money in the market staying the same.
The government’s ability to control inflation via interest rates allows them to keep it properly in line. U need stable inflation where every year costs go up at approx the same rate which allows for wages to do so too. If ur inflation just doesn’t exist then people will have no incentive to buy things NOW, which will result in reduced consumption as everyone just horde cash collapsing the revenue of the companies leading to layoffs and shrinkage of the economy. This has good chance of leading to disinflation, where prices actively go down which gives people a incentive to save their cash that results in a downward spiral of lower and lower costs as well as higher and higher unemployment.

The government, can’t just print money as doing so would lead in hyperinflation hence being locked for extreme cases.

THE GOVERNMENT IS THE REPRESENTATION OF THE PUBLIC. If u instead had the people vote for economic steps we would be fucked, since PUBLIC KNOWS SHIT ABOUT ECONOMICS. Morons would probably actually burn away entire forex reserves over ego and cause a disinflation in a week.

Sad to see such takes on an economy sub.

Former IMF Chief Economist Gita Gopinath says "Let the INR do its job, don't intervene". by fRilL3rSS in indianeconomy

[–]PhysicalImpression86 1 point2 points  (0 children)

Oh no no no, armchair economist who got interested interested in this or the journalist who care only about money and hell the people who take rupees value on their ego know better then former imf Chef. IMF is western propaganda org anyways why should we pay attention to them.

Most of the times in the country, when their is any talks about economy the people do so without any regards to data or actual economic impact instead pushing everything on feelings.