[10/18/2015, 10:01 PM] +91 99714 07788: sir ,
mostly our club believes in a free market whereas Govt. intervention is looked down upon .
surely you do not want Modi s Govt to interfere  , the free market will over time find substitutes ..
some bureaucrats being just one to two percent of the population found ways to protect themselves , and they did not find time to solve the inflation problem for the 98% .
I started my career in hmt a Govt co . by choice . I respect you all ,and my parents too ,so nothing is personal pl .
so ,
intelligently ,
does anyone  know how to avoid inflation ,
really .
you all are high iq people .

where is the answer to the inflation problem ?
the 2% can smile and comment a la Marie Antoinette !

sir ,
let us  explore the answer , and reach a solution . this shall be more  satisfying , I think .
Let US do something to really solve this , if ,only if you like !
regards
r
[10/18/2015, 10:34 PM] Mban. Res. Singhal Mr: Ravi,  the type of discussions we have at the chabutra, don't give me any hope of reaching anywhere on this. In any case, as an economics' ignoramus, at least I can't contribute to any technical discussions on the subject. May be a brief explanatory write up with your ideas as a base paper could help.
[10/19/2015, 6:17 AM] +91 99714 07788: sir , your response clearly makes sense .
[10/19/2015, 6:44 AM] +91 99714 07788: re a write up , shall aim to make a presentation in 7 days by 26 .10.


Six   new RGarg axioms of economis :


Axiom 1 ... 95 % of money in economy is created via bank debts , and despite repayments of loans , total amounts of bank debts eg money in economy keeps expanding ( as a dysfunctional way to meet money needs of expanding economy )

2... the interest payments expand geometrically , as , despite loan repayment , debt money in economy is not destroyed even reference to the loan fully repaid !

3.... I do not have any loan or interest liability , yet , 40 to 70 percent of my monthly expense in groceries etc goes towards interest payments, - the truck who delivers pays interest , the farmer pays int. for seed or fert . , the garment shop I buy from pays int . etc .

4.... due interest on  frb fractional reserve banking frb money the free market a la Adam Smith gets greatly distorted and the prices of goods give false signals to employers or producers .

5... price inflation  may happen BOTH when there is increase in availability of funds and when there is decrease in  availability of funds . Price inflation can also be analyzed via  loss of purchasing power that occurs under many circumstances , including due impact of interest , theft of money due corruption , etc.

6.. the quantity of money and in which sector s it is used in an economy , is significantly controlled or managed by IMF . the national govt. s do not have sovereign authority in such important matters..

===============================================