Inflation at 0.27% from 0.44% Last Week -

Wohaaa……..!!!!! Inflation is cooling down.

This week, the inflation is just 0.27% which was last week 0.44% and in August 2008 12.5%

Inflation continued its downward journey for the week ended March 14.

The 0.27% Inflation is lowest in last 32 years. Inflation stood at 8% in the same week Last year..!!!!!!

There is a danger of our economy may slip into a Deflation (Negative Inflation), that may last for several months. Deflation is likely to occur before May 2009.

During the time of Deflation, It is better to be a Lender (Bond Holder) rather than a borrower. Because during the time of Deflation, Money appreciates…..!!!!!!!