Today I will be sharing a cartoon that I found extremely useful in my understanding of money and inflation. Yes, a cartoon! I had read many of the concepts of money, monetary systems and how they affect, you and me and the common man on the street in multiple books. This video by Paul Grignon, […]
Pay no attention to Chidambaram when he speaks against gold
Anti-gold statements Source: Wikipedia More and more households should be encouraged to save in financial instruments rather than in gold. – P. Chidambaram, Finance Minister, 16 Aug 2012 And today, he got support from the industry. The government is planning and CII is fully supportive of better incentive for investment in mutual funds and equity […]
Inflation in India explained in plain English
Welcome back! This is the fourth part in a series of articles that are meant to explain government finances and how they affect our investments. This part will explain inflation in India in an easy way. Reading the earlier articles in the sequence below will be very helpful. Fiscal deficit of India in plain English […]