Wednesday, August 20, 2008

My view on Inflation

Let me take the topic on Inflation. According to me inflation occurred due to improper policy of the government. Government has created excess of money supply in our economy. Government is printing excess of money to sustain our economy towards growth. This inflation has pushed up the price level by 52 times in the course of 61 yrs from 1947 to 2008. India's growth like china is not shown through exports . The GDP is higher not due to more production it is by mere inflation.

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