Judging based on what one has done so far

As you approach the age of 40 years and beyond, people gradually cease judging you based on what you say you want to do. They increasingly judge you based on what you have done so far.

Reflation

Over the next one year, many people will get acquainted with the word 'reflation'. (Meaning of 'reflation': Expansion in the output level of economy by government stimulus, using either fiscal policy or monetary policy or both.)

As the economic damage from covid-19 continues to rage at least till mid-2021 or end-of-2021, many governments would want to spend to prop up economies temporarily but these governments won't have much money to spend!

So, debates will increase on the topic of how much to spend and where to get that money to spend. In these public discussions and discourses, the word 'reflation' will be increasingly used.

Choosing between inequality and poverty

Low-cost mobile data, free mobile apps and low-cost smartphones have played a greater role in poverty alleviation across the world than many government welfare schemes.

Even if this massive positive effect results in the emergence of a few hundred new billionaires and the perceived increase in inequality, I am perfectly fine with it!

Quick review of Farm Bill 2020

Farmers—

Medium term: Win

Long term: Big win (in theory). However, farmers need to be alert because corporate firms are smart people and farmers also should become smart to maintain a win-win situation.

Different types of middlemen—

Medium term: Loss

Long term: Loss

Consumers—

Medium term: Win

Long term: Win (in theory)

Retail corporate firms and export corporate firms—

Medium term: Win

Long term: Win

Note: 

1) Farm Bill 2020 is the popular name given to the actual bills:

    a) Farmer's Produce Trade and Commerce (Promotion and Facilitation) Bill, 2020,and

    b) Farmers (Empowerment and Protection) Agreement of Price Assurance and Farm Services Bill, 2020.

2) Medium term — Next 5 years. Long term — after 6 years and beyond

I support the creation of 3 capitals for Andhra Pradesh state

I wholeheartedly support the creation of 3 capitals for Andhra Pradesh state.

It's a wonderful decision. Having different capitals for different purposes helps in distributed growth of the state.

Some might argue that there are better methods to implement distributed growth. Yes, there are better methods to achieve decentralised and equitable growth. But the method of having multiple capitals for different purposes can be implemented in addition to other methods.

Taking this as a cue, other states, especially the bigger ones, should start to have two capitals or three capitals — each capital for a different purpose.

If states choose two capitals, then one capital city can focus on Executive+Legislative while the other capital focuses on Judiciary.

#governance

Freedom to flee own country

When a citizen, who has committed no crime, tries to flee her country (and the destination country is willing to absorb her), then she should be allowed to flee.

But this hasn't been followed by many countries. Example: East Germany, North Korea.

#liberty

Use either N95 or surgical masks, instead of cloth masks, if you can afford them

Unfortunately, the majority of folks who have decent disposable incomes use a cheap cloth mask instead of a surgical mask which is more effective.

These folks can easily afford either N95 or surgical masks!

#coronavirus #covid_19 #WuhanVirus #COVIDー19 #MaskUp