Inflation nos have been manipulated completely by Government circles. How come inflation suddenly jump from 4.6 to 7.4 in quarters. Facts supplied by government about IIP,inflation, unemployment are phony and people should always discount. If its positive don't get exaggerated by it. It should be discounted. And if its negative people should inflated the values. If some one goes by figures provided by sources, its going to be utter nonsense. These folks always cook nos and present it to public. These nos are exactly identical to buy call given by brokerage firms.Caveat Emptor
RE:Lies, Damned Lies and Obscene Lies
by Bhajiya on Apr 11, 2008 10:31 PM Permalink
One flat cost you average price 40 lacs to 50 lacs is indicator of the purchaising power of Indian repee means more Indian curency in circulation in the market. Indian repee is cheaper and this eventually leads to risein price and cumulative effect on infltion.
RE:Lies, Damned Lies and Obscene Lies
by M Kisan on Apr 12, 2008 12:05 AM Permalink
Where did this "more Indian currency in circulation in the market" come from?
Such a move will be a big setback for the congress government since such a move will only lead to more inflation. Already the present inflation may be due to less money supply leading to lower manufacture and high demand. The best way is to allow the supply side to produce more and reduce inflation.
