Thursday, 1 October 2015

A Comment on rate cuts and economy

My Comment on an article " Market indecisive? Top eight sectors where you can scour for value bets" published in the Dated 01/10/2015

"To speak the truth, there is really no honey in this money play. 

Rate cuts are only elusive when think about the way inflation has been growing each year. The real inflation pictures are not depicted in the charts. 

Our common man can know better what all this means. The growth in income by way of returns for produce or through salaries or wages is nominal when compared to real inflation in cost of living. So the consumer actually receives no benefit as he has to pay always extra from his pockets."

No comments:

Post a Comment

submit to reddit