5 ms·
Reducing growth by 1% is huge. The projected growth rate was 7.6% but was revised to 6.6%. That 1% is a percentage of the economy, not a percentage of overall g
by intopieces 10y ago
Reducing growth by 1% is huge. The projected growth rate was 7.6% but was revised to 6.6%. That 1% is a percentage of the economy, not a percentage of overall growth.
- dvcc 10y agoMy mistake, I didn't mean to marginalize the 1% decrease, but I don't think even its biggest proponents expected demonetization to help short-term.