RE:Congrats
by Chander Malik on Apr 05, 2008 04:51 AM
Mr. Y. Singh, Inflation is not created by Harvard grad, PC. Its true his right time vision could tame it but with the growth india is growing, inflation is invited. Its us who are going buoyant with such liquidity in market. The companies know that people have got money and they are going to spend and on other side less supply of goods have increased its demand. and this a lower middle man is getting affected. RBI has continuously taking measures to check it but the kind of growth India has seen in last 4-5 years , it will take time to tame the reverse its adverse reaction i.e. inflation. Today people are keen to take loan doesnt matter on what rate. Even increasing the interest rate are not helping. We need to spend with caution in this time and save money so that spending goes less and demand and supply gets equal.
