If Inflation hits ₹1 pencil by 10% 200 Years later pencil will cost ₹19 Crore.
But If you take a Loan to buy those pencils today @ 8%
200 Years later that debt will be ₹50 Lacs
Now you know why US has 38 Trillion dollar of debt at avg rate of 3.28% & Inflation at 3.6%
US is only superpower because someone with merit introduced this formula to nixon in 1971…
0.01%
- @Magicbullindia

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