Tuesday, May 31, 2011

Macro Inflation Indicator Brazil's Bikini Wax

Today I read a beautiful article about how inflation is hurting people in their very social life. Link
The simplicity measuring inflation is these ways is far far better than putting all the surveys and collecting prices.

Summary: Brazil has one of the most beautiful beaches with year long summer so waxing far common. But the cost of waxing has increased a lot and is putting a lot of pressure on wages.

The country is facing very similiar prioblems like India and the central Bank over there has increased rates a lot and is also using currency as a tool to fight the inflation.

The stock markets looks very and has followed more or less same path.

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