Saturday, August 23, 2014

Consumers should...


Article;
Adam Smith vs Manu : Capitalism is smashing casteism in India.

Comment;
Consumers should understand that buying one rupee sachets does not reduce their consumption... Poor buy things on a daily basis... But i would tell them to save per month and spend per month... Savings in banks would also earn them interest income... And, relatively rich should do it for a year and go to the wholesale market... That would save some money... 

1 comment:

  1. wow bhaiya you articles are really very relevant....i always like to read them ...keep it up!....:)

    ReplyDelete

"Everybody is worried about rate cuts and nobody for lower interest rates on savings, when all save and few borrow..."

Growth is sacrificed when the value of the money is sacrificed because spending goes down due to inflation, and people buy less due to high ...