5 debt repayment plans that don't work

Re: Governor trying to control Inflation in digital era, using Ce by Observer on Apr 09, 2015 04:14 AM In case of Businessman : If Businessman has to pay higher Interest - To recover the cost, he has to increase rate of his product or services. As Interest rates are Higher for all businessman Smallest to the biggest Corporates. all of them increased rates, due to higher cost of interest. Inflation will go high and high, because result of increase in cost goes compounding.    Forward   |   Report abuse
Re: Re: Governor trying to control Inflation in digital era, usin by Observer on Apr 09, 2015 04:16 AM In case of Salaried Person: If Salaried Person has to pay higher interest of Homeloan, Car or bike loan, or by any kind of loan - he will expect hike in salary. again higher salary - for employer cost goes up. and Inflation will go high and high, because result of increase in cost goes compounding.    Forward   |   Report abuse
Re: Governor trying to control Inflation in digital era, using Ce by Solomon S on Apr 11, 2015 07:56 AM True, actually he is doing bad for the economy and society by hiking the Interest rate. We don't require such a high profile Governor for such a risk free decision having said that I welcome other Initiatives in Banking reforms    Forward   |   Report abuse