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No, 100 is the new 50

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Deal Baba
TridentDG
Current inflation has decreased the value of goods and services that can be bought for ₹100.

At current inflation, ₹100 is the new ₹50.
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Deal Baba Deal Baba
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Now imagine, India as non agrarian place where agriculture is difficult !
Bharat atta stock all gone to blackmarket. 🙁

Benevolent Benevolent
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@TridentDG Ya bharat atta ,rice,dals all gone after election rice was good quality same for atta and dal it's was a bait for election i think cry if I know I will baught 100 kgs from reliance offline or jiomart was cheap af
Commentator Commentator
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no idiot uneducated government led this way. accept it and move on and don't cry.

Commentator Commentator
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no idiot uneducated government led this way. accept it and move on and don't cry.

Tech Guru Tech Guru
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Partially true, global economic situation also played a important role. Let's say 70% Government responsibility and 30% global event's effects.




•Global Pandemic,
•Multiple wars and geopolitical tension between nations,
• Very Risk averse Large-scale investors.
•Low   FDI

• Mass lay-offs due to rapid growth of AI and automation.

And Indian Governments:


•  Bad policies one after another

• Failed Initiatives like make in India, Smart Cities etc.

• Excessive Taxation on the masses, confusing and unnecessarily complicated tax policy leading to great decline in disposable income and thus  decline in consumer spending.

#Tax-Terrorism

• Crony Capitalism

•  Unchecked corruption everywhere, every State. More or less.

• State sponsored communal tensions and misinformation Campaigns.

• Extremely incompetent  lying selfish MLA, MPs with no vision for our country's future.


Shall I go on????
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Benevolent Benevolent
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disappointed_relieved inflation keep raising at superfast level I used to buy onion for 20rskg now it's 70 and not decreasing for months everything is now costing to much ,good quality rice was like 50 now it's 80 ,chaki atta was 22 now it's 34,egg today price is 190 tray on wholesale used to be 150-160 max during winters

Deal Baba Deal Baba
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Now imagine, India as non agrarian place where agriculture is difficult !
Bharat atta stock all gone to blackmarket. 🙁

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Specialist Specialist
Moderator
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The luckier you are if you find the now 50  equal to 100,1000 or 10,000

for the ONE  who gave you mouth ,  gave food and health till that time.

Our generation behind  had to do 10 times more  physical work for the same food.

Deal Baba Deal Baba
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The original post 🙃

20 is the new 10

Please Visit

https://ddime.i...40

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Commentator Commentator
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no idiot uneducated government led this way. accept it and move on and don't cry.

Tech Guru Tech Guru
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Partially true, global economic situation also played a important role. Let's say 70% Government responsibility and 30% global event's effects.




•Global Pandemic,
•Multiple wars and geopolitical tension between nations,
• Very Risk averse Large-scale investors.
•Low   FDI

• Mass lay-offs due to rapid growth of AI and automation.

And Indian Governments:


•  Bad policies one after another

• Failed Initiatives like make in India, Smart Cities etc.

• Excessive Taxation on the masses, confusing and unnecessarily complicated tax policy leading to great decline in disposable income and thus  decline in consumer spending.

#Tax-Terrorism

• Crony Capitalism

•  Unchecked corruption everywhere, every State. More or less.

• State sponsored communal tensions and misinformation Campaigns.

• Extremely incompetent  lying selfish MLA, MPs with no vision for our country's future.


Shall I go on????
View 13 more replies
Tech Guru Tech Guru
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You mean decreased the value of Money, instead of goods. Right?

replyuser
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