HAVE you ever seen termites? They are so tiny, almost not visible with the naked eye. But have a look at the havoc they can create to your wooden furniture. They eat away the wood making the frame weak.

Inflation is the termite of the financial world. It is the invisible destructor of your wealth. Recently, almost everybody - the press, the TV, the men around you – has been talking of the alarming spurt in inflation here in India.

The buzz created around the ‘monster’ inflation has peaked the interest even amongst people not directly related to finance.

Photograph: stock.Xchng