"It should not escape notice that gold and silver after circulating in every other quarter of the globe, come at length to be absorbed in Hinduston"
~Francois Bernier
Inflation, Repo Rate, Credit policy, GDP et cetera are becoming fancy terms among public. Of course, they are fancy and I am not denying with that. For those who don’t know all those fancy terms, Inflation means the rate at which your money loses its value (Don’t go for bookish definition, it took a semester for me to understand that, yes, I was slow). Higher the value of inflation, faster the eradication in the value of money takes place. Here, my question, is it a good thing or a bad th...
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