Sunday, March 18, 2007
Here's why I love reading Surjit S Bhalla.
An excellent article about the much hoo-haa about high inflation estimates.
I was wondering about the moves by PC to ban futures trading and wheat and capping cement prices. It seemed a little "confounding".
Was this supply side shock a trend, or something to lose some hair about.
Surjit Bhalla gives an excellent analysis why when accounted for seasonality, inflation is not really above normal. The government is trying sundry(non serious) measures to pretend to cap inflation. When the inflation goes down on it's own, it will take all the credit.
It's time we as a population are aware of the true facts.
Here's the BS link. An excellent paper.
http://www.business-standard.com/opinionanalysis/storypage.php?tab=r&autono=277966&subLeft=2&leftnm=4
An excellent article about the much hoo-haa about high inflation estimates.
I was wondering about the moves by PC to ban futures trading and wheat and capping cement prices. It seemed a little "confounding".
Was this supply side shock a trend, or something to lose some hair about.
Surjit Bhalla gives an excellent analysis why when accounted for seasonality, inflation is not really above normal. The government is trying sundry(non serious) measures to pretend to cap inflation. When the inflation goes down on it's own, it will take all the credit.
It's time we as a population are aware of the true facts.
Here's the BS link. An excellent paper.
http://www.business-standard.com/opinionanalysis/storypage.php?tab=r&autono=277966&subLeft=2&leftnm=4
Labels: India
# posted by qq @ 7:23 PM 
