Tuesday, July 31, 2012

An SSC pass understands that inflation today has nothing to do with RBI

.....If you have a matriculation degree, you will understand that India’s inflation has got nothing to do with the RBI’s policies. Your inflation is largely international commodity price driven. Your local interest rate policies have got nothing to do with that. We have seen that inflation has remained stubbornly high no matter what Mint Street has done. You should have understood this one commonsensical thing,” .........

No comments: