Inflation A Disease

Yo, Inflation is a disease that is spreading at a rapid rate in many countries. Only a few selected countries are free from this.

Many of you may or may not be familiar with this term.

Inflation is a term used to define the increase in the price of goods and services which people use in their day to day life.

And while going to buy a matchbox of matchsticks I thought of writing on this topic as earlier in 0.0066$ we were getting two boxes full of matchsticks somewhere around 7-8 years ago but now in 0.13$ we only get one box and that half-filled. This is a very small example which you may have ignored.

But what about the big ones.

• The price hike in gas, petroleum. Every year there's a 5 to 10% of a price increase.

• Now you may have noticed the fees of schools and institutions it's 5times more than it was 5years ago.

• Not to forget about the foods and essential oils whose prices are slowly increasing with time.

The price of every basic need of human is increasing but tell me guys those who are in job how much salary increase you get every year? Is it enough to fulfil the basic needs or does the price increase in goods and services, decrease your budget every year? Sorry for the question as people don't like to talk about the salary. But just think and question yourself.

Now you may have noticed what I mean to say. This is such a big issue yet the government or any big organizations don't put light and give thought to this issue as with that they are already benefiting themselves with taxation and all. No hate thing about governments but I can't close my eyes when there's a wrong thing happening in front of me directly affecting the common people.

Ways To Counter:-

• The most working way to counter this is now having multiple sources of income. It can be crypto, small business, blogging etc. There are a lot of things that will give you some extra income. Though this is just a temporary solution until you become successful in your side hustles.

• There's a way to decrease inflation if the government gets strict and instead of regulating crypto, they should focus on regulating the big schools and institutions which are charging too much and increasing unnecessary prices of commodities and in other sectors where they are capable. It's not possible to decrease them as with time and demand prices increase but one can regulate the price increase.

• Or a simple solution is to increase the daily wage of workers as companies' production and profits are increasing with time but the salaries are hardly increasing much.

Final Thoughts

These are just my personal opinions feel free to criticize and yeah I am not spreading hate rather expressing my views. There's no censorship here guys, na?

And tell me guys what are your thoughts on this disease.