hey!!
Inflation had been a problem in the US and in INDIA due to the rise in the demand of food products but the main contributor is the real challenge to fulfill the world's requirements in terms of fuel for the world economy due to its rise in the GDP of many developing countries especially INDIA and CHINA.
The major concern is that in spite of inflation,there is no fall in sales when it comes to the SUV'S,JEEPS or big cars as inflation has lead to more revenue in the economy, and this leads to higher incomes for the people which in turn makes these guzzlers more and more affordable.
So has inflation really helped to curb the overuse of fossil fuels, and in turn do
something to reduce global warming????
The common man cannot even afford the most efficient car but the rich and affluent can go on guzzling and gulping more and more fuel!!!
i wish the Govt did something else forget the poor even the Environment suffers!
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