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Money Kumar and the Monetary Policy
Taking as much money they want and while spending the way they like it, kids learn about the inflation...and they really enjoy it.
Inflation
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Money Kumar and the Monetary Policy 4
By Vaibhav Aggarwal

Money Kumar and the Monetary Policy -4

 

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.

 

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TABLE OF CONTENTS
The Kids are confused
Inflation
Money Kumar and the Monetary Policy 4
Money Kumar and the Monetary Poilcy 5
Money Kumar and the Monetary Policy 6
Price Stability
Financial Stability

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