inflation is must in captalist model of economy
inflation is must in captalist model of economy . In sanatn modal of economy there is no inflationery modal of economy . capitalist modal of ecoomy is based on debt model . santan model of economy is based on saving model . the great indian economist CHANAKYA has the given captalist model of economy in his book ARTHSHASTR . He has given the principles of Globalization ,trade , centerlized governance model , concept of nation state , concept of constitution , consumersim , present system of taxation , Concept of mass production etc . He implement these concept during the period of Mauryian Density . his model is collapsed with the end of mauryan empire . THE great king Vikramditya has apdeoted the sanatan modal of economy which is based on concept localization , small production , decentralised local governance model , model of savings etc . his period is called gloden period of india . with the advent of english man in india this sanatan model is forcibliy replaced with captalist model . adam smith has copy modal of chankaya and nows days this model is fully implemented on all the world .
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