Forbes (August 22)
2014/ 08/ 24 by jd in Global News
Steve Forbes urges India’s new Prime Minister Narendra Modi to first create a “sound and stable currency” through disciplined monetary policy that initially includes a dollar or euro peg. Among his other tips: “Simplify the tax code with a low-rate flat tax” and “Be extremely cautious in attacking subsidies, especially those that benefit the poor, until the economy is in a true boom.”
Tags: Currency, Dollar, Economy, euro, Flat tax, India, Monetary policy, Narendra Modi, Peg, Poor, Steve Forbes, Subsidies, Tax code
