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— Veerappa Moily"Petrol price is a deregulated commodity, price of which is decided by our oil marketing companies based on input cost and other parameters."
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What people today call inflation is not inflation, i.e., the increase in the quantity of money and money substitutes, but the general rise in commodity prices and wage rates which is the inevitable consequence of inflation.
— Ludwig von Mises
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All of us as consumers have gotten spoiled, ... We expect customized goods and services at commodity prices. The only way we can do that is to cut the fat out of our price structure.
— Robert Rubin
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