Quantitative Easing (QE) has never been an effective tool in combating inflation. For combating inflation, an economy has to be revived internally which is similar to giving life support to a dying patient. These days, countries receive revenues from many sources. One prime way is through promoting tourism. Tourism is something if nurtured will lead to huge revenue potential even in times of inflation. For tourism, the demand is never on the wane. Gone are the days to follow western economies blindly. Now, this is the time for eccentric economies!!
MBA (UPM, Malaysia), Visiting Scholar (UoM, Japan), BBA (University of Dhaka, Bangladesh).
Lecturer in Finance
Department of Entrepreneurship
Daffodil International University
Daffodil Business Incubator Building
Dhanmondi, Dhaka 1207, Bangladesh