Question:

"Should India push for growth, ignoring inflation which affects most Indians?"?

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Biiig debate on Wednesday. I know but the bare basics of my topic. And I'm speaking for the motion. Please any good points, expert advice? *hopeful smile*

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2 ANSWERS


  1. I would purpose reasonable balance between inflation, growth and social stability. Because high inflation and emerging imbalances in economy due to rapid growth may negatively affect growth, thus efforts spent on growth risk to become inefficiently used.

    And another problem may become clear later when growth stabilizes, - this problem is how to fight inflation which negatively affect economy.


  2. What is inflation? If you treat economics as chemistry of wealth, inflation is a form of wealth and its value is equal to value of time. Do you want a better price for your time?

    Regarding pushing for growth, please study and understand two general laws: Law of conservation of wealth and Law of Equilibrium. Growth is inevitable and we will have growth.  

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