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Don't forget India's great Idea, to slow inflation they want the population which is underpaid to receive a salary boost greater than the price increases caused by inflation to cope with inflation.
Jun 04 01:47 am
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All Comments by NOWHEREMAN »Bloomberg Reports China's Retreat from the Inflation Battle [View article]
Their economy grew by a paltry 8.8% in the first quarter. They want to boost it to a 12% rate and keep it there for a few years.