Is Inflation always harmful? - Group Discussion? Answer --------------- For _________ - Inflation is a measure of economy whether shrinking or growing but mostly inflation results in shrinking of the economy. - It results in increase in prices of the day to day commodities. - It also increases the interest rates, loans and other means by which the people are borrowing or lending money. Thus, hurting regular people more. - It creates confusion, uncertainty leading to less investment and low international competitiveness. - It leads to decline in income called as stagnant wage growth. Against ____________ - Inflation is not harmful as it acts as a symptom for growing economy. - Inflation allows prices of various commodities to adjust according to the budget of the consumers. - It results in people or the seller making good amount of profit which in turn boosts the economy
Posted on: Thu, 20 Jun 2013 07:51:11 +0000