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RE:INFLATION- WORLD WIDE
by baiju velayudhan on Jul 23, 2008 09:36 AM

the whole world is facing inflation is a true statement. but, the question is what EFFECTIVE steps you take to bring it down. i know some countries in middle east REVALUEd their currency to ensure that expatriate population did not lose in foreign exchange currency conversion as they were depended on foreign employment and imports.
similarly india MUST come with a concrete strategy (convincing to the majority) to balance the extra cost of living and production which ultimately effects everybody someway.

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