Thursday, July 8, 2010

will there be further inflation ???

Tamilnadu will witness a very bad economical crisis in near future. The freebies that government is offering will give raise to inflation.

Best example is 100 day job program introduced by central government in combination with 1.Re/Kg of rice will make give raise to shortage of labour. when there is an shortage of labour force then it’s natural that the cost of product is increased coupled with electricity shortage and fuel price hike. what more is need to increase the inflation. so very soon we can see a very big raise in the essential commodities.

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