A month back I finally shortlisted 3 fields I may go into after doing my Engineering formality...
Namely, Finance or Marketing/Advertising and Entrepreneurship in a form of Media House.
So focusing on my very first option i.e Finance....Man!! Inflation has seriously become the major pain in the ass...with inflation rate going soaring way above 7.41% its becoming more and more frustrating to shell out extra money for the same thing you bought a day or two days back!!
First of all for those who don't know shit about Inflation,then inflation in simple words is an increase in prices of the commodities present in market whether its packed Lassi or Auto Rickshaw rates....anything that you use everyday starts to appear going away from us...and can be termed as Red Shift if science is intermingled with the present post!!
So, after gaining some 1 month of regular studies of finance related papers and topics and journals etc etc.... i must say that as Banks are giving mere 5 - 6% interest on fixed deposits and inflation being 7.41% ....so net profit you gonna get out of this savings of yours is negative...
I suggest you to go and spend your money lavishly because this the only way you can break even with earning and spending.
So question arises Why Inflation increasing>??? Umm....I think going with basics....the rise in inflation is directly proportional to disbalance between Demand and Supply. If former is more than other..automatically prices increase.
Even increase in Oil prices in International market contribute to Inflation. To make the condition even worse...some of the ill-minded people cash-in the situation by doing hoarding ....very badddddddddd!!!
Anyways I decided to write this post after getting pissed of by Inflation attack on my pocket. I went to canteen to buy Rs 10 /- lassi pack....but the guy asked for Re 1 more ....becozzz rate has increased...Ok!!! I paid him the extra buck...Now after i went again after some 5 hours ...the price of lassi pack rose to Rs 12....I mean What the F*ck????
Anyways May god save us from Inflation!!!
Note: Originally I wrote this post on my personal blog
Monday, July 28, 2008
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