I do not know the economics of money. But I still remember the definition of money I had learned 30 years ago: “Money is what money does.”
So if the money we earn has a habit of getting devalued day after day, our quality of life also gets devalued with it. In such situations, what are we supposed to do? Why is the government not telling us the measures to adopt to tide over this crisis comparatively unhurt?
All I understand at the moment is that it has something to do with the regional conflicts, strategic power shifts, covert oil wars, money laundering etc. I have a limited grasp on financial matters.
But from what the Indian news channels tell us, it is bad news: $1 is equal to almost Rs68. No wonder we haven’t managed to get…
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