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Is RBI responsible for creation of Black Money and inflation due to high M0?

By Dr Rakesh Goyal 31 December 2016 My paper “How Much of Black Money is Held in Cash?” published in Moneylife on 28 December 2016 (http://www.moneylife.in/article/how-much-of-black-money-is-held-in-cash/49303.html) has been a good learning experience for me. It attracted many comments from many learned members/subscribers, in Moneylife webpage and by direct emails to me. I tried to respond…

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