http://netindian.in/news/2013/12/16/00027130/indias-annual-inflation-rate-rises-752-november-2013

 India's annual inflation rate rises to 7.52% in November 2013

This article talks about inflation rate and how prices change in India. Many good and services prices have gone up, but some goods and services have gone down. People now have to pay more compared to what they had to before inflation. People don't have enough money to purchase what they need/want which hurts the economy. This is the fifth consecutive month that inflation rate increased; it might continue to go up. India’s economy is hurt because India has to pay more for imports. India Rupee’s value isn’t that high comparing to other countries’ currency values. India had to fly tons of gold to Europe to get an emergency loan a few months ago. As we can see, India’s economy is collapsing quite quickly. At this rate, India might even have to revalue the Rupee.

http://money.usnews.com/money/blogs/On-Retirement/2013/11/26/how-inflation-affects-your-financial-future

How inflation affect your financial future

This article talks about inflation and prices in the next 30 years. It sounds pretty scary to me, to be honest. I’d never thought that prices could go up that high in the next 30 years. Assuming that inflation occurs in the next 30 year, many people will suffer. Prices would be so high, but will our incomes keep up with inflation? Retirees would be the ones who suffer the most from inflation, because they have fixed income.  Now, we can import goods from countries at a lower cost because our money’s value greater than some of the countries; for instance, Vietnam speaking in term of currency. Our economy would be hurt if we have to import goods at a much high cost because the value of our money is getting lower. There could be some day that many countries would stop exporting goods to the U.S. because of inflation. While inflation increases 500 or 600 percent at a time, our incomes only increase by a few percent. There’s no guarantee that we can keep up with inflation. On the other hand, we can’t be sure if inflation will occur.

http://www.usnews.com/news/articles/2013/11/05/its-time-to-start-hoping-for-more-inflation

It's time to start hopping for more inflation

This article talks about how inflation helps boost the economy. Deflation can cause higher unemployment. In theory, I agree with this article, but looking at the economy right now, I don’t think we should hope for more inflation. Prices increased a lot in the past years, but incomes barely increase at all. We’re already making less money and have to pay more to get something that we could get at a lower price before. Things are already too expensive now, why ask for more inflation when there will be people suffering from it? What will people with fixed income going to do when they can’t afford their living? We shouldn't be too greedy.