The interest rates on deposits is likely to even come down below eight percent. The so-called inflation index is based on some calculations that no one understands. The prices of every essential commodity, like milk, has now reached alarming proportions.
We, the middle-classes, continue to suffer.
Readers, please do come out with innovative solutions. One that comes to my mind is the recurring deposit, where one parcels away small amounts of cash, but gets one big lumpsum, after some years.
Will inflation ever come down, like it did when Shri Vajpayee was the Prime Minister?
Am very sure you would have some solutions. Kindly present your views.
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In simple terms when enough money comes to hands of people through various measures and increase of spending capacity of consuers can lead to beat inflation.
When inflation comes down prices also generally come down. The supply demand gap narrows down. One way to beat inflation is ,if possible and one has the ability, to invest part savings in speculative instruments like stock market, real estate, gold etc which are good hedges against inflation. Alternatively one can go for SIP mode of investment in good mutual funds on a regular basis. Otherwise one has to progressively buy/spend less.
