
Student: But what about the space? There is hardly any space in this room for all of us to stand, where will they keep more consoles anyway? Money Kumar!!! Money Kumar!!! Money Kumar!!! Money Kumar arrives in a flash! Student: Why is it that in spite of having loads of money, we cannot afford to do what we want? Why are there not enough things available? Money Kumar: That's what happens when there is a lot of money but fewer goods. It's called Inflation! Student: Inflation? Student: Why's that? Money Kumar: When too much money chases too few goods, the prices of goods increase. That's inflation. Though it hurts everybody alike, it hurts the poor the most. Money Kumar: Because poor people are not protected. They earn their daily livelihood and cannot save enough for a rainy day. Student: Can you not do anything about it? Money Kumar: Of course I can! Come, I will show you something! Source: RBI The comic Money Kumar & The Monetary Policy is copyright of Reserve Bank of India and is posted here in public interest and to spread banking awareness among kids. |