Hello family. A great day to start and share my feelings. I'm in my office while having a coffee mug in hand. A few moments ago I was reading the newspaper where the actual news came to me in a form of tension. The price hiking news. Let's be honest. No one needs it, right? Price hike is a curse for everyone. Every sphere of life feels uncomfortable with it. Because maintaining livelihood in this era is tough and price hike of products only make it worsen. We really need to fix it but before we could fix it, something raise the bar again. So if you ask me, what is the thing which I'm worried about, I would definitely answer about price hiking. Well, let's discuss about this matter. I'm your host with you. Let's go.
Nowadays it’s a common incident in every country. When you open a news channel to listen news, a huge part of it is related with it. The graph is displayed where prices of things are given and then the news reporter explains everything and compares the price tags. People like you and me, we just see it and a deep breathe comes out from the lungs. We know that the life will be more struggling with that news.
Those who don’t know what price hike is, let me tell you that it means the increasing price rate of regular things. Those things that are necessary in our daily life. This problem is not a national issue now. It is the global issue and the entire world is facing the problem. For example, price of oil is increasing by leaps and bounds. Per barrel, the price varies from country to country. When we buy it in litres, we face the heat of it. Per litre the price increases half more of the regular price. The effect is seen in travel, transport and food habit.
Now, what is the reason of it? Price hike is such a situation which is controlled by human around 95%. It means some selfish, greedy, extra profit gainers create fake shortage of products in the market & rumours are spread about it. It is enough to create the chaos and panic in public. They start buying things and stock them in house. Now, this creates the actual problem and price hikes. Then comes the short supply. The market suddenly witness the vanishing effect. The price hiked products are less seen in market. The stocked products are sold in double or even in triple price. That's injustice but no one is there to solve it. The hike causes a lot of problems because the price hike caused by inflation cannot be controlled by some easy efforts. Because the syndicate controls everything about market.
Mid and low earning people face the heat most. They are the worst sufferers. It doesn’t matter what is the reason but it causes a lot of hardships and sufferings to them and specially for them who lives hand to mouth. The people whose income is fixed cannot handle the situation. He has to over think about it. His family starts to reduce the usage of that product which applies negative impact on them. In the end of the month, they find it difficult to make their both ends meet.
The government should take necessary steps to prevent this problem. Proper measures and double check of products should be mandatory in every market to maintain the price rate and stop black marketing. This is a global problem like nature getting warmer. The people around the world are suffering with it. No time to stay calm and wait because everything has a reaction. If people suffer, they revolt. Is there any country ready for it? Just look at Sri Lanka. You will have the answer. In the end, I must request everyone to avoid rumours and buy only the necessary amount of things. Because your grabbing nature will inspire others to do so and that is also a reason of price hike. Be alert dears.
@deviliclucifer