Inflation - The Rising Prices.
By checkmail
@checkmail (2039)
India
July 7, 2009 8:22am CST
Hello my lot friends this is checkmail and would like to start a discussion over the worst problem in our life as well to the country's Faith "Inflation".Today most of the world economies are facing a serious problems of Inflation due to rising population and scarcity of resources.Although the Major economy gets away easily with Inflation by overpowering the weak economies.The result is addition in the Inflation problem of the economies(apart from Major Economies).So How do we tackle this serious rising problem that justs keeps on growing nearly whatever we do to reduce it or stop it.As a single individual as well as peoples of the country we should adopt some new and suitable measures to control Inflation by ourself.
The Rising prices of goods leads to nowhere as the consumption expenses are increased which directly affect a normal persons as well as the whole population of the country in terms of its standard of living at different rate.
So what do we do in order to stop or control this Inflation problem more effectively.
Provide your suggestion and thoughts over Inflation.
1 person likes this
2 responses
@asweetie (1187)
• India
4 Nov 09
Hi check mail,
Inflation depends on many factors and two major factors which played role in inflation in India were economic recession all over the world and failure of moonsoon.. Rural economy in India is still depepndent on moonsoon and since 70% of India lives in small villages so you can see how many familes were effected becaue of failure of moonsoon in North India atlest..then corrupt govt and wrong policies do play hand in that too..
1 person likes this
@checkmail (2039)
• India
5 Nov 09
Hello asweetie this is checkmail and agree with you over the point thst the world recession and monsson had provided India with Inflation.Well due to wars many nations got destroyed and its resources so the recessions in the world and India is an agriculture country, main occupatuion is agriculture, so failure in getting monsson do affect the production and indirectly the income of India.Also to add is the democracy which is of sub standard, all cheaters.
@eshaan (6188)
• India
11 Jul 09
we cant do anything friend...its the job of government and higher economies of the world which decide all these factors, but yes, people at every level whether they are poor or rich are affected as richer ones have to maintain their standard of living and for the poor its very bad as it affects even day to day things, even some can hardly manage their monthly expenses, and save some money from it for future ...dont know where all thi sis going to lead all of us ????
1 person likes this
@checkmail (2039)
• India
11 Jul 09
Hello eshaan this is checkmail and am a bit confused with your response.How can you forget that you are also an important part of the economy.Are you getting me, if each and every individuals try out to be efficient and economical than there will be no useless expenses.Its nothing but the life style of the peoples and standard of living of the peoples that make economy enjoy or suffer.If peoples are well versed with economic problems, and know how to tackle it there might no be Inflation ever.Excessive profiteering, Holding cash, timeless influence etc are responsible for developing prices and thus Inflations.Some times our elected leaders are also responsible for this Inflation.So nearly every thing going around us in improper ways are responsible for Inflation, that we can control or stop.
Basically this idea is more modern thanthe traditional, that the upper hands make Inflations.
Hope you are understanding the meaning ot it.
GoodLuck.
