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frezik ,

India would be perfectly valid if it wasn’t experiencing high inflation just like everyone else. Which it is.

finimize.com/…/rbi-chief-urges-india-to-cut-infla…

You can’t fix inflation just by setting a max price. It leads to shortages or (more common in India’s case) retailers finding loopholes:

www.thehindu.com/opinion/…/article7452745.ece

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