Thursday, August 27, 2020

Can Inflation cause the poverty?

 Inflation cause the poverty? 



         If you are a billionaire than you can survive properly and you hava a luxurious life but thier is decrease in your savings because you also pay more to the products. In case of poor family and lower middle class family they totally sufferers if their is inflation.



        During this period of Pandemic every poor family struggle due to lack of work hence they have no money. Yes they alive because Government supply them goods but they loose thier own identity and own savings which take them to more poor after the Pandemic. When this period over and everything is normal and the products rate are high. At that time how a poor family survive ? 



         In the increasing rate of inflation it increase the poverty level very high and which terminate the growing economy also. Not only the individuals suffer for this whole country will suffer this inflation. Yes, it is true that every single person lose thier savings from a poor to billionaire or trillionaire..



     "  Hence  Inflation is the cause of poverty "




                

3 comments:

  1. Ofcourse prices increase unemployment rate increase and production decrease due to lockdown in pandemic so its tough time for the people below poverty line and india 30-32% bpl family

    ReplyDelete
  2. This comment has been removed by the author.

    ReplyDelete

Sex is simple or complicated

                     Perhaps we thoughts that, life has diffrent stages but sex or libido is not part of the basis. We quarrel, fight and th...