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Inflation Down, but why are procexs not falling down?
by Raghavan Ananthanarayanan on Jul 23, 2007 07:32 PM

This is what most of the public and professional accountants should ask the Ministry fo Finance and Economic Affairs. Can't we see it? It is glaring that the equations/formulae used to calculate does not take into account certain economic factors which would bring the fact of inflation rate OR the durables pricing?? My immediate thought is that there is no link between the two. Everyone wants to make money and the industries seeing the 'buying power' going up tries to capitalise on it. The inflation rate more or less now seems to be a computation of money in circulation irrespective of how it happens? Want my services?? Yes, I can do it being a Chartered Accountant and having spent time as CFO of multinational financial institutions. But who cares!!! There are so many like me with more experience and knowledge base but the 'power mania' is the mindset of the bereaucrats who think that they SUPERMAN of the earth and do not want to hear and have a 'transparent' discussion on a review of how to compute inflation and how to link it to the common man's living.

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The above message is part of the Discussion Board:
Why are prices not dropping?