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.
The governments are doing something to try to help the economy recover, the problem is that they always do the same thing, they printed a lot of money to stimulate the economy but this raised the price of everything just at the moment when a lot of people lost their job or saw their income reduced, meaning that they cannot afford a great deal of products they could before, reducing the sales of those businesses which in return means that everyone needs even more help, forcing the government to print more money, so to me while the healthcare crisis could be overcome during this year I do not believe the same will be true for the economic crisis that is coming.