deepakraam
Deepak Narayanan
Inflation hovers around 13% which is biting the purse string of common man.We blame the Govt for not controlling the price rise.When RBI takes some cautious steps like increasing the interest rates,CRR people will still blame the RBI for the increase in their EMIs.Stock market will tumble on the RBI steps eroding crores of wealth from investors.When vegetable prices were at their 52-week high people cried foul.Oil prices increases every second.In the midst of all this bad news,people still buy cars which is evident from 20% increase in domestic car sales in Jan2011.The record sales were registered despite the price hike by the car manufacturers.One reason being attributed is the increase in disposable income of the people.When people have more money to spend then why are they crying foul about the increase in price of commodities?This certainly looks anomalous to me.
Who can explain it to me?Don't point me to the divide b/w Rich & Poor.
-Deepak.
Who can explain it to me?Don't point me to the divide b/w Rich & Poor.
-Deepak.