NO ESCAPE
by manas behera on Feb 22, 2007 08:24 PM
it's to fasten our belt, since we can not insulate our self from global economy. the collateral is inflation along with the 2nd highest GDP growth fig.s.but with time inflation will ease off , even govt. wants inflation , since it will pay off its debts when money becomes cheaper.but above a certain level inflation will wreck havoc for the economy.actually infaltion is better than deflation.to make best out of inflation is to borrow money!
