[Exclusive] Raghuram Rajan is not impressed with Bitcoin or Tesla: Here’s why
Bengaluru: The economist who correctly predicted the global financial crisis of 2008 believes Bitcoin is the ‘classic bubble.” In an exclusive interview to ET NOW on Wednesday Raghuram Rajan said while it is hard to say if the world is in for another bust, he cited Bitcoin and Tesla’s astonishing rise as examples of bubblish behaviour by markets, stoked by easy monetary policy and very low-interest rate.