My Thoughts on Growing Inflation Rates

Assalam-O-Alaikum, Everyone

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How are you all? Hope you are well. I am also fine by the grace of allah. First of all, I would like to thank steem for Bloggers for giving us an interesting topic for writing.

According to you, what are the major reasons behind the growing Inflation rate, specifically in your country??

Inflation is taxation without legislation.

Milton Friedman

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First of all, we have to know what inflation is. Inflation is that day by day, the prices of our daily products that we use in our lives become higher and beyond our reach. Whenever inflation rises, the middle class and the working class are the most affected.

There are many reasons for the rise in inflation in Pakistan. Pakistan is an under-developing country which has not fully stood on its feet yet, perhaps since the first day till today, Pakistan has been burdened with debt. A child who is not even born has a debt on his head in Pakistan which he has to pay in one way or another.

Inflation is not caused by the actions of private citizens, but by the government

AYN RAND

There is no political stability, due to which the political parties that exist today have fights among themselves, one party goes and the other goes. So, by taking loans etc., they have their needs, politicians own expensive cars and the burden of these debts falls on the people, so what the people earn through their hard work is also taken out of their pockets.

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Taxes are levied on basic necessities only to meet their needs, which are collected from the poor people, leading to inflation. The main reason is that there is no check and balance, the owners of big industries increase the price at will and nobody asks them.

Do you think that the increasing Inflation rates effect all the classes and fields of the life??

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"The way to crush the bourgeoisie is to grind them between the millstones of taxation and inflation."

Vladimir Lenin
As I already mentioned , inflation doesn't matter to the elite class because they already have so much money, they have certificates that are running, so they are not affected much. It is the middle class and the poor working class who are affected by inflation, even if they have to buy a packet of oil, they have to pay tax on it. That one match box, If it is worth three rupees, then two rupees he has to pay tax, then where will the poor man go?

This inflation is only for the poor class, it does not matter to the rich class because the rich class is receiving money in the form of taxes, it is getting richer from the rich and the poor is getting poorer from the poor. It's happening.

Inflation makes the wealthiest people richer and the masses poorer.

-James Cook
Due to inflation, people are not only killing their children but have also become enemies of their own lives. But those who are in power are sitting so apathetically that they have no sense of anyone, that is, the fear of God has disappeared from their hearts. Just for the sake of money, these people are playing with people's lives.

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🙋‍♀️As a common citizen, how can we play our part to control the Inflation?

INFLATION TAKES FROM THE IGNORANT AND GIVES TO THE WELL INFORMED

VENTA VANCARPEL

How can we play our role as citizens? We can join together to protest against things that are expensive so that the poor are not affected. But we do not have enough courage because we have become blind, dumb and deaf.

How far the poor man will protest. Whenever the people have taken to the streets against inflation, the army which the government has kept for its protection, the police which have been kept, they drive the people home by beating them with sticks, so the poor who are in it cry out against inflation.

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Can't cry for anyone else. Actually, people have lost honesty, everyone wants to earn money only by legitimate and illegitimate means. Even if the citizens are united, the shopkeepers have colluded, they are all selling at the same price, so there is no question of doing more or less.

Thanks for reading my post.
Now it's a time to invite friends to participate in the contest.
@moyeon
@danish578

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