Tag: inflation
45.67%
This figure is not the return of any stock or investment.This figure is the increase in retail vegetable prices in October y-o-y
How can any ordinary investor inflation proof his savings with such high persistent and sticky inflation in food prices?
Maybe Jim Rogers was right after all:
Young people who have not decided on their futures should pursue agriculture degrees rather than MBAs, investor Jim Rogers told CNBC in a recent interview.
The reason? “Finance is in decline. In the future, the center of the world will not be finance — it’s going to be the producers of real goods.
The figures quoted for a South Mumbai building brings into stark effect the corrosive effects of inflation !
Chart:Even moderate inflation is a threat
Shudder at the consequences of India’s 10% inflation rate !
Source:Blackrock