‘How to Safeguard Depositors’ Money from lnflation?
Argues that due to the secular rate of interest the depositors’ money-value is eroded, if no interest is paid by the bank. Proposes that the depositors should be paid a return equal to the rate of inflation, to be detennined by an independent agency. The profit-sharing by bahks should be done by flotation of subsidiaries. For general readers. Undocumented.
How to Safegaurd Depositors Honey from Inflation?
Monetary and Financial Theory and Institutions