Absolutely rightly said.. the economy we are living in.. might be one of the worse..
Depreciation how it works in Pakistan:
I bought a civic vti oriel manual in 2004 december.. Invoice I still have is for 987,500 something.. Now a days same car is sold for 12 plus which is 5-6 years used....
New civic of same specs is for double the price for what it was 5 years ago... now you have to pay twice..
Actually, lemme explain it to you...
Comodities depreciation works in those countries, where the depriciation of currency is stable for a given time....
If the country's currency is depreciating itself comodities will get expensive in terms of cost of buying... buying power will decrease...
An suzuki FX / Carry dabba was for Rs. 65,000/- in early 80s.. Now dabba and mehran are for 6 lacs plus... its simple.. the value of Rupee has depreciated almost 10 times and cars are 10 time more expensive..
Its the economy in the hands of looters.. all of us cant do S*** about it..