Post
Topic
Board Economics
Re: Difference between past and present economy,
by
erep
on 30/08/2024, 16:34:35 UTC
Electricity, petrol, groceries, everything has skyrocketed the past two to three years. Everything started going downhill with COVID-19 and the Ukrainian war, but from how I see things, corporations were just looking for a motive to bump up their prices. This, paired with a corrupt government that's funding the rich, keeps increasing the price of daily goods that were once considered cheap. Just a few days ago, over 900 medicines saw massive increases in price because they were "too cheap." But that's how Greek politics work—by messing with the lower and middle class.
The entire global media is highlighting the possibility of inflation due to the impact of Covid-19 and the Ukrainian war, the possible impact of inflation that occurs may not be as bad as the current economic conditions but we suspect that there are certain individuals involved who want to raise prices without caring about the conditions of the lower economic community who are struggling to meet their living needs in the midst of the current bad conditions, it is ironic to see the global economic conditions at their worst including the price of medicines, we hope the economy can recover soon from the impact of inflation.