India’s Inflation Edges Toward 8 Pct As Hits 44-month High

One of the rebuttals I often run across is that critics like that dont think in the long term. They assume that any change will be devastating and permanent, when most of the time changes are temporary and their devastating consequences greatly exaggerated. Whats happenning in India then, seems to be a good illustration of this point; while there may have been brain drain for a while, in the end, a lot of people go home.

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