Sep 26, 2011

Inflation

Exactly 4 years 8 months back , i bought a chalk pieces box like this from my neighbourhood stationery store. I don't remeber how much i paid for that then, but the MRP on the box said Rs.23. I presume, I definitely would have paid less than that. 

Yesterday i bought a similar one paying Rs. 50. 

That made me thinking , while the prices of these commodities can become more than double in just 4 year 8 months, why does money in Post offices take 8 years 7 months to double. 

0 Comments:

Post a Comment