Inflation in India remains completely out of control. Considering that our Prime Minister is forever being praised as the greatest economist since John Keynes by the footlicking press it is weird to see that ministers are actually expressing delight that inflation remains just below 10%. Published figures on inflation are always year-on-year which means rise of prices compared to the previous year which hides the higher base effect but if one sees prices over the last 2 or 3 years then the multiplier effect becomes clear. Milk, for example, has nearly tripled in price in 2 years which, in a country with a significant vegetarian population dependent on milk products for nutrition, is calamitous. Whether it is a calculated policy decision by the anti Hindu Congress or just pure incompetence is not known but the effect is brutal none the less. The RBI is raising interest rates on tip toes so that property prices are not affected because that is where the criminal politicians and thieving, parasitic civil servants have hidden there extremely black money but it has no hope of arresting the ever rising prices unless property prices actually decline by 70%. So, uncontrolled inflation on one hand or risking the fury of the criminals on the other. What a joke! Meanwhile a Free Trade Agreement that India is hoping to sign with Europe is held up because Europe is demanding lower tariffs on auto parts and wine. We do not know whether it is just wine or " wine " includes Scotch and beer as well. Alcohol is taxed highly because it is considered " bad " which merely pushes poor people to drink unsafe hooch. It will be great if Europe forces beer prices to fall. At least we can die happy.