techy

Six Reasons To Buy China Soon

I am not bullish on india, but i kind of disagree with "From India" on that inflation being 25%.

i hope he is not including the price of a house...which has gone up 1000% in some locations in the past 4-5 years.

according to me the biggest cost of of living in india is commodities and energy.

and if i am not wrong, the cost of commodity and energy is almost same all over the world (+-5%), so if inflation in india is 25%, then it has to be atleast 15% all over the world.

i am not in india but i have family and friends and if we exclude the housing thing, inflation is definitely not 25%, yes it is more than 7-8%, but that is mostly due to commodities and energy skyrocketing all over the world.

by the same measure real inflation must more than 6-7% even in usa. (cost of gas itself is more than 30% YoY)

another thing, if the currency of india is not depreciating against USD, then it does not matter if inflation is 20% or 40%, for a non-indian investor.

and in the past 2-3 years, indian currency has appreciated against the dollar.

From India: you sound like an elitist.....when you say wages are rising....what do you expect, inflation is high but wages to stay stagnant??