Inflation is the hottest topic of the year 2008.
Inflation can be defined thus -there is lot of money, but there is no intrinsic value.
A foot ball is inflated, so is a tyre of a vehicle..
If the ball or tyre is pumped beyond its hold,they burst.
The paper money is in wide circulation, it is overspent.
Growth of money is manifold, surpassing the limit
The bubble cannot be subdued, it bursts.
Inflation has settled in.
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