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inflation

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Deal Subedar
popeyemask

Sakhi saiyaan to khub hi kamawat






Now what u think of inflation

1.https://cdn0.desidime.com/attachments/photos/754968/medium/IMG_20220327_170959.jpg?1648381343
Want some interesting facts and how to cop this inflation …



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Deal Cadet Deal Cadet
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unko darao jinke paas paisa ho, apne paas to h ni, to koi tension ni😄

Deal Subedar Deal Subedar
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Ouch 🤕 kya dosa economic h

Deal Newbie Deal Newbie
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popeyemask wrote:

Ouch 🤕 kya dosa economic h

Respect him in general but this is completely ridiculous. Restaurants raise prices by 20 to 30% every year if not more. So this example is not valid at all. 

Deal Subedar Deal Subedar
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Lobogris wrote:

Respect him in general but this is completely ridiculous. Restaurants raise prices by 20 to 30% every year if not more. So this example is not valid at all. 

Yes right , but on papers we have inflation around 5-7 % only &  in real world it’s different

Deal Subedar Deal Subedar
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Lobogris wrote:

Respect him in general but this is completely ridiculous. Restaurants raise prices by 20 to 30% every year if not more. So this example is not valid at all. 

Main thing is how inflation erodes the principal amount  but how data is presented before us make us believe it’s not

Deal Cadet Deal Cadet
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Pahle kharch hi kaha the.. ab to items bhi 99% add ho gaye hain.. ustime wala garib aaj ke date me exist nahi karta.. garibi lvl increase.. thele wala50 60 hajar kama kar garib categary me aa raha aajkal unamused

Pro Community Angel Pro Community Angel
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Lobogris wrote:

Respect him in general but this is completely ridiculous. Restaurants raise prices by 20 to 30% every year if not more. So this example is not valid at all. 

Didn’t listen to the quoted video, but 20-30% sounds unsubstantiated. 

A mcaloo tikki which costed 20 rupees in 2005, costs 60 rupees today, that’s an annual increase rate of average 6.5% 


Obviously, this is a very naive example (couldn’t find weight related data) , but I feel 20-30 % at an industry level is too high. 

Deal Cadet Deal Cadet
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Baki middle class to actual garib the hain and aur rahenge.. jeb me paisa kam par fatasi jyada hai.. middle class me. smile

Hotshot Hotshot
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androgame wrote:

Didn’t listen to the quoted video, but 20-30% sounds unsubstantiated. 

A mcaloo tikki which costed 20 rupees in 2005, costs 60 rupees today, that’s an annual increase rate of average 6.5% 


Obviously, this is a very naive example (couldn’t find weight related data) , but I feel 20-30 % at an industry level is too high. 

20-30% is kind of baseless. Think of it from the point of view of banks if this is real value of inflation then they are taking very less interest on loans and in few years every other bank in our country will be bankrupt due to inflation only.
The inflation data is more or less correct but when you generalize a economy of our size some discrepancy may occur that are also due to urban/rural inflation of respective states and union terrotories.
20-30% is an absurd figure.

Deal Newbie Deal Newbie
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vkrmjeet wrote:

20-30% is kind of baseless. Think of it from the point of view of banks if this is real value of inflation then they are taking very less interest on loans and in few years every other bank in our country will be bankrupt due to inflation only.
The inflation data is more or less correct but when you generalize a economy of our size some discrepancy may occur that are also due to urban/rural inflation of respective states and union terrotories.
20-30% is an absurd figure.

I didn’t say the inflation is 20 to 30% per year. I said the restaurants often raise their prices by that much per year. Not that everything goes up by that much.

Deal Newbie Deal Newbie
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androgame wrote:

Didn’t listen to the quoted video, but 20-30% sounds unsubstantiated. 

A mcaloo tikki which costed 20 rupees in 2005, costs 60 rupees today, that’s an annual increase rate of average 6.5% 


Obviously, this is a very naive example (couldn’t find weight related data) , but I feel 20-30 % at an industry level is too high. 

Check out the prices of Subway. Their daily special was Rs99 in 2020 before the lockdown and is 165 to 175 now. Check tea at Chaayos. Went from 65 for Desi Chai to 105 in 2 years. Check the price of dosa at any restaurant. Went from 50 to 150 plus in the past 5 years. Same for any other meal at a decent restaurant. You could easily eat for 150 5 years back for 2 people but now it is lime 350 or more. A single dish used to be around 100 to 150 but now it 300. Try Taco Bell. Basic taco was 50 a couple of years back but is 89 today. Those little pizza puffs were 19 at McDonald’s about 3 years back and are 40 now. Try going to a decent restaurant in North India to get a dosa. What was 70 to 80 in now near 200. Places like Saravana Bhawan or Haldirams. Haldirams had a meal of noodles and panner launched for 99 3 to 4 years back. Now it is 229. Same for rasmalai. From 20 per plate of 2 pieces, it is now 40 or more per piece. Do you know dahi bhalla? From around 20 to 30 Rs per plate about 5 years back, it is now 150 in most places like Haldirams.

Deal Cadet Deal Cadet
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one litre refined oil increased from 150 to 215😭 in a week. 50% inflation 😅.

Deal Cadet Deal Cadet
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vkrmjeet wrote:

20-30% is kind of baseless. Think of it from the point of view of banks if this is real value of inflation then they are taking very less interest on loans and in few years every other bank in our country will be bankrupt due to inflation only.
The inflation data is more or less correct but when you generalize a economy of our size some discrepancy may occur that are also due to urban/rural inflation of respective states and union terrotories.
20-30% is an absurd figure.

Person’s need differs 
for some people it lies below 10% while for some people it exceeds much and when your income doesn’t increase at that level you see the power of inflation in real life (again this varies for everyone for some it’s miniscule for some it demands reduction of buying various items)

It’s not like inflation for everyone is same

Pro Community Angel Pro Community Angel
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Lobogris wrote:

Check out the prices of Subway. Their daily special was Rs99 in 2020 before the lockdown and is 165 to 175 now. Check tea at Chaayos. Went from 65 for Desi Chai to 105 in 2 years. Check the price of dosa at any restaurant. Went from 50 to 150 plus in the past 5 years. Same for any other meal at a decent restaurant. You could easily eat for 150 5 years back for 2 people but now it is lime 350 or more. A single dish used to be around 100 to 150 but now it 300. Try Taco Bell. Basic taco was 50 a couple of years back but is 89 today. Those little pizza puffs were 19 at McDonald’s about 3 years back and are 40 now. Try going to a decent restaurant in North India to get a dosa. What was 70 to 80 in now near 200. Places like Saravana Bhawan or Haldirams. Haldirams had a meal of noodles and panner launched for 99 3 to 4 years back. Now it is 229. Same for rasmalai. From 20 per plate of 2 pieces, it is now 40 or more per piece. Do you know dahi bhalla? From around 20 to 30 Rs per plate about 5 years back, it is now 150 in most places like Haldirams.

This is all fine bro, but alot of economically abnormal events happened in the last 5-6 years (Demonetization, GST and then Corona)
Would be better to check and average for atleast 15-20 years rather than to check on YoY basis. More the timespan , lesser the scope of error.

Deal Lieutenant Deal Lieutenant
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Wow.
While we are at it, people please suggest methods to beat inflation.

Hotshot Hotshot
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Lobogris wrote:

yes but that also varies from place to place as i said.
i am from a tier 3 city and restaurent inflation is around 7-8% per year.

yes but that also varies from place to place like i said.
i am from a tier 3 city and restaurent inflation is around 7-8% per year.
urban and rural inflation are whole different issue.
Prices of goods and services is similar all across the country but same thing cannot be said about raw materials in food industry,labour cost,rents etc so it varies from place to place.

Hotshot Hotshot
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Neo53 wrote:

Person’s need differs 
for some people it lies below 10% while for some people it exceeds much and when your income doesn’t increase at that level you see the power of inflation in real life (again this varies for everyone for some it’s miniscule for some it demands reduction of buying various items)

It’s not like inflation for everyone is same

I agree with this but at some point everyone has to bear the burden of inflation when cost intensive things happen like building a new home rather than buying already built home you know cost of everything and how it has increased in past few years/decades(happened with my family).
Income never matches inflation!!

Deal Cadet Deal Cadet
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Lobogris wrote:

Check out the prices of Subway. Their daily special was Rs99 in 2020 before the lockdown and is 165 to 175 now. Check tea at Chaayos. Went from 65 for Desi Chai to 105 in 2 years. Check the price of dosa at any restaurant. Went from 50 to 150 plus in the past 5 years. Same for any other meal at a decent restaurant. You could easily eat for 150 5 years back for 2 people but now it is lime 350 or more. A single dish used to be around 100 to 150 but now it 300. Try Taco Bell. Basic taco was 50 a couple of years back but is 89 today. Those little pizza puffs were 19 at McDonald’s about 3 years back and are 40 now. Try going to a decent restaurant in North India to get a dosa. What was 70 to 80 in now near 200. Places like Saravana Bhawan or Haldirams. Haldirams had a meal of noodles and panner launched for 99 3 to 4 years back. Now it is 229. Same for rasmalai. From 20 per plate of 2 pieces, it is now 40 or more per piece. Do you know dahi bhalla? From around 20 to 30 Rs per plate about 5 years back, it is now 150 in most places like Haldirams.

Inflation apart… reading your lines is mouth-watering. Gone are the days to taste the food we want. 😉

Deal Cadet Deal Cadet
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vkrmjeet wrote:

I agree with this but at some point everyone has to bear the burden of inflation when cost intensive things happen like building a new home rather than buying already built home you know cost of everything and how it has increased in past few years/decades(happened with my family).
Income never matches inflation!!

That’s what I was trying to convey 
Like you’re building home now and since prices for raw material have almost doubled for some in span of 2 years would you feel inflation is 7% – No right?

Point is the on paper inflation should never be taken into consideration and that’s why people work harder to earn more as they know in order to continue life in same way the debit will always increase then credit

Hunk Hunk
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decideaim wrote:

Wow.
While we are at it, people please suggest methods to beat inflation.

1) School chale hum -> New Slogan is Gaon Chale Hum

India doesn’t mean Delhi, Bombay, Bangalore, Madras or Calcutta. (I have purposefully written em wrong). Real India is in India’s villages. Look at any prosperous country then look at its villages and you will be surprised to find that rustic rural life can be blissful if proper amenities are supplied and infrastructure is built. Any of the products available in India is marketed towards needs of city folks. Villagers have to adjust themselves to be able to have em. Dr A.P.J. Kalam had proposed the concept of PURA (Provision of Urban Amenities to Rural Areas) in Target 3 Billion, which was launched in 1st Nov 2011. You will be shocked to find PURA is not an original idea. Nimbkar Agricultural Research Institute did a lot of work in early 1990s. Imagine that. I will side track the topic for a while. Remember his quote “A dream is not that which you see while sleeping, it is something that does not let you sleep.” Well do you remember about Lawrence of Arabia, T. E. Lawrence? He once said “All men dream; but not equally. Those who dream by night in the dusty recesses of their minds awake to find that it was vanity; But the dreamers of day are dangerous men. That they may act their dreams with open eyes to make it possible.” Whatever! I say, go back to village.  


2) After arrival at village, what to do? Revive the age old oil extraction machines. They can use some engineering for renovation purposes. Revive the handlooms. Trust me there are a lot of lands available. Instead of focusing on exports focus on own people. There are thousands of varieties of rice out there. Cultivate em. Use science and tech to feed the people. Now, we are talking about some real work. We are not talking about NREGA schemes. Road will be built once and it will be regularly maintained. And people will start using them for right purpose. If pollution is a problem then revive the old bullock cart system. People will eat healthy. They will grow in their own homes. Then they will get things cheaper. I am not against globalization. I will borrow the word Glocal from the movie “Up in the air” staring George Clooney and Anna Kendrick. Glocal means Global + Local. See, we aren’t developed yet to start using our tech to empower our IT people. But we can have our own equipments, own lands, jobs near our homes not like fill a hole by digging another; I am talking about real jobs. Well it can be decentralized to avoid any sort of monopoly. Gandhiji was dreaming about self sustained Villages. Then people might go back to their family owned businesses. Govt has already established municipalities etc.

3) One has to stop relying on Govt for new jobs. It is no doubt the job of Govt for this purpose. Imagine that we have this population of a billion people. Out of a billion people, how many of them can be filled in 10 lakh vacancies. We can’t have one billion jobs can we? And even if we do, what shall we do? Like I have already said by digging a hole to fill up another? It is not productive. Our people have the potential to become international and they already are. But our people are not developed. We have this inferior feelings towards people from villages. We need to change that.

4) Entrepreneurs are needed. People are stuck in their colonial mindset. 


There are many points out there. Please think hard and contribute. Let’s have a sound and healthy discussion. Our society has an inertial property. It just rebels against anything productive. Sadly our leaders have not focused on these points. What have they done since 1947? We have answer to every question. Like

Q) Not enough money

Ans: Earn More

Q) Govt is not doing enough for that

Ans: Either study more or do business

Q) What sort of business? Like, Pakoda 🐒🤣

Ans: We pay 1000 bucks for a cup of tea at big hotels and restaurants. We can create similar situation.

Q) Now a rickshaw puller will go to a star hotel. Joke of the century.

Ans: We can provide the pakoda at cheaper price.

Q) How to earn profit then? By counterfetting?

Ans: There you have got me. We have a raw material problem. How to solve em? Go back to village. Cultivate those seeds. Set up those grinding machine/cold press oil extraction machines.

Q) Itna mehnat kaun karega bhau. Aap purush hi nai maha purush ho. 

Ans: Bhai itna toh karna hi hoga. Ye toh bare min chizen hain.



…   

Jab log apas ke upar dependent rahenge toh prices asani se badhega nai until and unless people monopolize things. So, jab per head capita income increase hoga toh logon ke pass paisa bachega. Aur me jo bol raha ye ek sustainable model hai. 

Deal Subedar Deal Subedar
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decideaim wrote:

Wow.
While we are at it, people please suggest methods to beat inflation.

Invest , thats the only way (not in FD) 

Deal Subedar Deal Subedar
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If u r putting ur money in bank (fd) or cash to save money it’s just a vicious cycle …..

Deal Lieutenant Deal Lieutenant
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popeyemask wrote:

If u r putting ur money in bank (fd) or cash to save money it’s just a vicious cycle …..

Banks love you for that, you will be their preferred customer joy

Deal Subedar Deal Subedar
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Bhaiya ek baat h politicians itna kaha padha likha h ni , to inflation ki baat karega nahi …
Tum log padhe likhe ho to inflation ki baat kar lo aur inflation bi tumhare liye h … politicians ko to samaj ni aata itna padha likha hua ni h vo …..

Major thing is we just put our time and effort to get some money 💰 so we can survive literally but how politicians are living we need to change the upper system …
Not against any political party ….
Govt. Sucks ur money by printing money , taxation , different monetary policy …..
Aam public ke haath mein ghutli bi ni rahti …..
We have to think on this else samay to kat hi raha h ….

Cool Cool
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Knight11 wrote:

one litre refined oil increased from 150 to 215😭 in a week. 50% inflation 😅.

fortune increased from 180 to 250 MRP 

Deal Captain Deal Captain
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Still its very cheap, as compared to USA it’s no where.

Deal Captain Deal Captain
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decideaim wrote:

Wow.
While we are at it, people please suggest methods to beat inflation.

become a politician.

Deal Captain Deal Captain
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Knight11 wrote:

one litre refined oil increased from 150 to 215😭 in a week. 50% inflation 😅.

Still too cheap as compared to USA.

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