Give Indians better assets to invest in and watch this trend change. Although he has a fair point, and there is something to be said about the cultural impact of Desi boomers' being cautious and propagating a saving vs investing ideology that I think contributes to things like this. India's love affair with gold goes back centuries. On the other hand, we've walled off most productive assets (AI + frontier tech) from ever being accessible to the average Indian or we drown them in unnecessary paperwork and force them to use middle men and intermediaries (have you ever tried buying a foreign asset through your AD Bank? its tedious af) when really, its another tactic used to enforce capital controls and prevent capital flight with the INR struggling to hold value globally. I don't think we're ready to have that conversation yet. On the flipside, the recent $10Bn initiative to support the local semi-conductor industry is more of what the nation and economy needs.