Time is passing. The price is also increasing. 10 years ago the prices of various things have increased two or three times. There are some items whose prices have increased by 4 to 5 times. As prices increase over time, the value of money gradually decreases.
That is, 10 years ago, where a family bag was filled for 100 rupees, now it can be bought for 300 or 400 rupees. Not only the price of food but also other things have increased. And the weight of rupees has decreased. Things that used to be cheap are now sky high.
Not only the purchase of goods but also the salary of the employees has increased. That means the whole economy is moving forward. As the value of rupee is today, it will increase in the coming years. Not only the commodity but also the value of money will change.
So, do you know how much the price of silver will be after the next 30 years? 30 years ago, the price of one rupee was very high. At that time, the price of 1 rupee was equal to 10 rupees today. Now find out how much 1 lakh rupees will be worth after the next 30 years.
If we calculate like this, today’s price of 1000 rupees will be equal to 5.74 thousand rupees after 30 years. Similarly, today’s price of 1 lakh rupees will be equal to 5.74 lakh rupees after 30 years.
Just as 30 years ago the price of 1 rupee is equal to 10 rupees today, similarly after 30 years today the price of 10 rupees will be equal to 50 rupees. The value of currency fluctuates slowly. And after many years it has changed a lot.
For example, if you are buying 50 rupees per kg now, after 30 years you will have to pay 250 to 300 rupees to buy that one kg. Similarly, if you buy a bike now for 1 lakh rupees, that bike will have to be bought for 5 to 6 lakh rupees after 30 years.