How do you solve your money problems? Let me share this with you…

If you increase inflation, the %age doesn't matter.

What was costing ₹10 with 20% tax means you pay... ₹2 tax.

If that same item now costs ₹15 with 15% tax means you pay... ₹2.25 tax.

(i.e. a 12% increase in tax collection)

As a government, you can reduce the tax percentage as much you want, so long as you allow inflation to run wild.

By removing indexation, the conversation of inflation has been removed altogether.

It is very obvious what was being done.

Governments typically never control their spending. If they want to solve your borrowing problems, just inflate away!

We are entering that phase, where governments will allow inflation. Their worse nightmare is ‘deflation’. Could that happen? Yes, if you destroy an economy.