The article "Deficit, money and price: the Indian experience" explores how money supply affects prices in India. The researchers found that there is a two-way relationship between money and price levels, and that money is not neutral in the Indian economy. This means that changes in the amount of money circulating in the economy can impact prices. Additionally, the study concluded that money is not independent in the long term in India, and there is no consistent link between money, fiscal deficit, and high-powered money.