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Rising interest rates
by manish agarwal on Apr 10, 2007 03:54 PM   Permalink | Hide replies

To control the inflation i.e. to decrease demand & supply gap,government should take measures to control the rising prices such as increasing production of concerned items,curbing stocking and illicit profitmaking by vested interests instead of taking simple measures such as raising interest rates.Does it bring any relief to the poor section of the society who can not even manage two meals a day.Goverment can argue that raising interest rate also benefits the FD holders.But this do not benefit weaker section of society.Now the question arises wheather these people do not have right for proper food also,leave the right to home.Where is the punch line(congress ka haath aam admi ke saath)used by congress in 2004 elections.Are they able to use it now,if yes they are indeed shameless fellows who have done nothing for coomon man in last 3 years but of course their rule has led to the present conditions.

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  RE:Rising interest rates
by LAGIDU on Apr 11, 2007 11:43 AM   Permalink

politishans ver worreed for sometime that even loyer middal klaas peepal ver prospering with lo intarast rate and konsikvently thees peepal ver ignoring politishans. now they r pushed back to poor klaas so that politishans kan hold them under leesh.

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The above message is part of the Discussion Board:
How to deal with rising EMIs