Prices are going to rise unabated..!?

You are not being made to be ordinary poor, but poor, very poor! Investment advisor Abhijit Choksi, who gives this warning, shows how the lives of the indian middle class will be affected in the coming years. In 2030, he says, you will have less assets. You will pay more, and you will wonder where your life has gone. This is not just a warning but also expresses important ideas that we need to pay attention to about the economic state of society. Abhijit Choksi warns us not to misunderstand inflation. Inflation does not only refer to the rise in prices of goods like milk, petrol, and EMI but also how it reduces your purchasing power.
Choksi classifies inflation into two types: Visible inflation: This is the inflation that we see in our daily lives. For example, petrol prices have increased from Rs. 90 to Rs. 105, milk from Rs. 60 to Rs. 75, and grocery prices have increased. Invisible inflation: This is the inflation that we do not notice. For example, when you buy a packet of biscuits, the fact that a few biscuits are reduced makes you realize how it will affect your life economically. These two types of inflation create a lot of stress and hardship in our lives. indian Economic Status and Its Effects: Even though the amount you earn has increased, it may be difficult for you to realize how it is benefiting you. This is the main problem in the indian economy. Salaries have not increased properly, but the financial environment has been severely affected. Choksi is saying that the current economic system is not affected, it is functioning properly. This is why we think it is easy to earn money. At the same time, we find it very difficult to manage it. This change is moving our lives in a different direction.

Causes of inflation: Choksi lists some important reasons, by printing more money, the value of money decreases. This triggers inflation in the economy. The global economy is affected due to the rise in oil prices and the prices of many commodities. Due to this, the economic challenges we face are becoming more serious. corporate companies are reducing the quality without increasing the prices. Due to this, the goods we buy lose their quality. Loans and EMIs are easily available. This encourages people to spend money instead of saving. This system reduces your money and wastes your money without thinking about whether it is suitable for you. Y

 Choksi's advice: Choksi warns of "Digital Inflation" by 2030. This includes changes like hidden fees, reduced subscriptions, and the disappearance of property rights. How this will affect your life, buying a house will become a nightmare. We will become renters. Food prices will increase. At the same time, property values will decrease. Even if your salary increases, it may feel weak. Choksi says that this is actually a "Silent Theft". In that way, money is reduced and prices increase without people realizing it. Abhijit Choksi recommends some important investments to secure our future. They are, buying land as an owner, land is an investment that will always grow. It will be converted into real assets. gold is always in value. It will be safe in the future. It is important to improve your skills. So, you can find a level of comfort in the economic environment. These are the challenges we have to face. Most economic changes in the world will be reversed, but we will act without realizing that they are affecting us. So, you can protect your future by managing your money wisely, learning new skills, and investing in permanent assets like land and gold.
For more interesting updates wa click and follow Indiaherald WhatsApp channel

Find out more:

economy

Sowmiya Sriram

16/04/2025 03:17 PM