Inflation or Mehngai Dar has been on a high since a while now in India and the central bank has taken many steps to control it by increasing repo rates and managing supply. But how would all of this help control inflation? INR or our national currency has been dropping to record lows in comparison to USD or dollar value, but why and does it have anything to do with inflation? To understand these complex connections, it is first important to understand what inflation is, how is it caused, what factors are responsible for it and also how factors outside the control of our country, like increase in inflation in the US and other countries affect us? This episode with Edul Patel, CEO & Co-founder, Mudrex covers all of that and more. It is an in-depth conversation on understanding the basics of inflation and all the associated concepts. Edul explains each of the concepts with superb simplicity using examples from everyday life. Edul also goes on to explain what all actions consumer companies take to tackle increasing prices, again with examples as simple as what happens to the packet of chips when inflation rises. Inflation not only hurts our daily-life but has a lasting impact on our savings and investments too and hence it is important to know how to tackle inflation so that it doesn't hurt our future goals and dreams.  See omnystudio.com/listener for privacy information.