Apurwa.Thakur
O sorry!i haven't further knowledge about this.😔
If you are interested, check out another discussion on this topic: <a href="https://www.crazyengineers.com/threads/where-does-money-to-print-money-come-from.56445">Where does money to print money come from?</a> .
The summary is; money printing is a legalised fraud. Supposing that there are two people [A (you) , B] in this world and a bank. Now you go to the bank to apply for loan.
1. The bank gives you 100 bucks at 10% interest rate.
2. You take those 100 bucks and do business with or spend it with B.
3. B got the money from you which he saves in the bank at say 5% interest rate.
Questions to be answered:-
1. Where did the bank get the money to give you in first place?
2. How does the bank expects you to pay 10% interest if you can't print money?
3. How does the bank pay 'B' the 5% it promises for the bucks that B's saved?
Cleverer folks will now say you can't explain it with 2 people and a bank model. Well, repeat it 'n' times and it's still the same! It all can be expanded but things remain the same. Can be summarised by asking another question: Where does the money to print money come from?
Answer: From nowhere! The governments got the printing press and now the digital stuff; where they can enter any damn number using their keyboards and generate money.
We're then forced into believing that money creation is a complex process that is known only to the financial wizards.
See how Reserve Bank Of India Describes It In 'Simple Words' { Ref: #-Link-Snipped-# }
How does the Reserve Bank estimate the demand for banknotes?
The Reserve Bank estimates the demand for banknotes on the basis of the growth rate of the economy, the replacement demand and reserve stock requirements by using statistical models/techniques.
Looks like the wink ( 😉 ) after that statement is missing.
