Mohandas, As You are saying "EVERY MALL IS PACKED, CINEMA THEATERS BIG/SMALL ARE FULL. IPL/ICL MATCHES WITH HIGH TICKET RATE ARE FULL. IPL PLAYERS,ADVERTISEMENT MODELS,SHOW CONDUCTING HOSTS INCLUDING FILM STARS ARE PAID IN CRORES." ---> as i mentioned the money supply in india is more (than requried at present) as one of the reaon for inflation. thats why you are able to see so much happenings around you, people are speing money like white papers because money supply is more, and everybody has more money, they are spending it. The finest example of present day's world for high infaltion is Zimbabwe. its present day's inflation is 1,64,900.3%, its highest currency note is 50 000 000$. 1US Dollaer is equal to $7.1 million Zim. dollars now. So if want to buy a candy in zimbabwe walmart (just for example), you needt o carry 7.1million zim dollar notes, :) looks funny isn't it. We have to carry in big lorry :))
