Now what is inflation – In layman terms it’s a black hole kind a monster. You leave the office with 500 Rs and by next morning its actual value is 480 Rs. Hope you got that! I must say it’s still better than Zimbabwean trauma.
People are finding different ways to beat the monster. The other day sis and her group went for a movie. Now being into HR she’s aware of inflation and its impact on employees lives. The movie set (tickets, corn, nachos & water) was around INR 350 the quarter before. It still costs 350 if you remove water bottle from that set. So to cover up, the group was asked to bring water bottles from home. Remark was simple – ‘Trying to beat it!’
Till now GV was not having much impact of rising prices. He always used to fill the petrol for Rs. 500. But now it’s visible to him and he’s suffering from hypertension. All those onsite trips have lost their charms to him. By the time you hit back home, the foreign currency losses half its value.
Now for some, rising prices is opportunity to cash in. Simply amass the scarce resources. Johnny did it that way. Rice was being sold in Pakistani market at 45 per kg. Once export restrictions were put in by the countries, the price shot up to 90 per kg. Our little Johnny smuggled it in his stomach, made a wad and bought the Beemer.
PPS: Song on the lappy (beautiful number from ‘Jab We Met’):
Naina tere kajrare hain, naino pe hum dil hare hain
Aaoge jab tum ho saajna, angana phool khilege…