Men of Words

What is your interest rate really?

Are what your bankers and accountants telling you really true?

Can you believe them when they feed you information and statistics, coupled with jargon only those in the financial industry would truly understand?

If your answer is yes, there is no further need to probe the rest of this article. However as I predict, many smart readers (like yourself), would already know the first 2 statements to be not entirely true. After all, it is NOT the banker’s job to make you rich. Their job is to protect the bank’s money!

Worth sharing is an interesting example that has stumped and intrigued me as I read the 2nd book of the Rich Dad series, Cashflow Quadrant by Robert Kiyosaki.

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Tags: cashflow quadrant, interest rates, rich dad poor dad, robert kiyosaki

Inflation rates reaches 11% in India

Here’s another update on the global inflation crisis, with the focus on India, the world’s second most populous country.

Referring to this news article, India’s inflation rate has hit a 13 year high at 11%. The previous was during the year of 1995.

It appears that the Indian monetary authority has been attempting to combat the spiraling inflation with interest-rates control.

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Tags: global inflation crisis, india, interest rates, oil prices, price hike