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Economy

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Whether it is from Amazon India or Flipkart or Snapdeal or Aliexpress, I buy from all of them a lot and regularly – bordering on making me an online shopaholic. I try to minimise sharing of my credit card details (I never use my debit card online) and when available I pay for the purchases through a reputed payment gateway (or wallet) like PayPal or PayTM or Amazon Pay and so on. When that’s not…

Living in “India”, which compared to many other parts of the world, has provided economic stability and growth over the last two decades, it is extremely difficult for me to visualize what a hyperinflation situation will be on everyday life, like what happened in Zimbabwe and what’s happening in Venezuela right now. In this article by The Economist titled What Venezuelan savers can teach everyone else – Lessons in preserving the value of savings from hyperinflation, we get a…