india and inflation

I am not an economist. But I wonder whether black money, being outside the direct control or purview of government, increases the inflationary pressure on economy. In other words does black money reduce the amount of control the national agencies have to reign in inflation.
Have we crossed the critical-black-money-mass? Are we going into a runaway-meltdown?
I hate black-money, because I don’t have any :P.
At this rate how frequently do you think you’ll need a market equalization in salaries?

P.S: Motivation of inflationary index prediction of 13% towards year end makes me feel like WT*. Ya, I understand that its just a “prediction”, but current data is not so good either :(

book recommendations

Fooled by randomness and The black swan are interesting reads from the same author

poetic links

One link lead to another, lead to another and I ended up at a poetry listing. Now I want to read more of Cavafy

Here are some poems of his that I liked — interesting :)

Waiting for the Barbarians

Second Odyssey

Boredom

the point

As I have read somewhere [wikiquote ?], long ago.

What you are saying would already have been said, what you are going to write would already have been written…. (or something to that effect)

In solidarity with all those me’s of the past, the nameless faceless me’s, I continue this persuit… writing this — trying to hack away at obscurity oblivion, though I may (ahh hope eternal) fail just like I did in the past, and just as propable as I failing in the future. A note hurriedly written, or a detailed journal — equally lost, equally forgotten.

Trying to leave my meames behind, oh vanity thy name is me.

This is to the me’s of the future…. let us keep the pretense that it all matters. For otherwise life would be just a waste of time.

Now that I speak about time… I hate the linearity of time the constant flow is so boring. As they say there is no information in the truly predictable, and time is the most predictable of all. I wish I could move all over time — that is what I like the most about fiction, the jarring jolts, in time — I wish I had a time machine.