मुख्य घटनाक्रम व त्यांचे परिनाम.

१ हाऊसिंग मार्केट बबल तयार झाले (केले!)
परिनाम
१. लोकांनी जास्त्तीस जास्त लोन घ्यावे ह्यासाठी ईंटरेस्ट रेट्स खुप कमी केले गेले.

Someone asked this question on marketwatch

I don't understand deflationary depressions, i admit i do not know much. I need to learn though. Why couldn't the fed just print money to get the currencies value down? Or am i misunderstand deflationary.
Seems like theres a debate between inflationary depression and deflationary depression. Either way its bad. But can any tell me why we would go into a deflationary?

Here is the best answer someone posted there, thought people over here would be interested in reading so copied here

For the global Indian, a Non-Residential External (NRE) ...we can discuss all our Banking queries.

The types of accounts that an NRI can open in India are NRE (Rupee Repatriable) FCNR (Dollar, Pound, Euro, Yens, Can dollars & Aus Dollars) & NRO (Rupee Non Repatriable).

NRE account is a rupee account from which funds are freely repatriable.
FCNR accounts can be opened in five different currencies viz., US dollar, Pound Sterling, Euro, Jap Yen, Canadian Dollar & Australian Dollar. They are in the form of fixed deposits only and the minimum period of deposit is 12 months.

State Bank of India, official website

Bank of Maharashtra, official website