Post
Topic
Board Economics
Re: The trend of prices is still upward, any hope for downward?
by
Mauser
on 03/07/2021, 13:51:57 UTC
COVID 19 enriched majorities while the minorities suffer.
The current increament in the cost of commodities in the market is alarming bad yet the majorities who are representative of the minorities (politicians) seem to pay less concerned.
This increament before now was tag to be as a result of Covid 19 which interrupted importation and exportation of good and services.
It is expected that with the decrease in the Covid 19 spread I thought their will be a corresponding decrease in prices of price the reverse is the case.
My question remains is their any hope for price decrement.

Governments are doing everything in their power to stabilise the economy and revive and hurting business. Basically all major countries have huge corona relief programs, they are issuing a lot of new debt and insert it into the economy. The money is either given directly to the consumer or the companies in form of tax reliefs. That is why we are not seeing any falling prices.