Inflation

(Syed Mohsin Sherazi, Karachi)

Inflation means that the general level of prices is going up the opposite of deflation. More money will need to be paid for goods like a purchase of grocery and services like getting a haircut at the hairdresser’s to count inflation measurement regularly to know an economy’s state. Inflation changes the ratio of money towards goods or services; more money is needed to get the same amount of a good or service, or the same amount of money will get a lower amount of a good or service. The rise of prices in Pakistan can also be attributing to the despicable acts of traders. Their only motive is to get maximum profit and so they try to charge lots of money from the customers as much as possible. This has created a class of people who are becoming richer day by day and the other class is becoming poorer.

In taking start every Government says that they will overcome all the problem within 3 to 4 months But when the strokes of Inflation hits only the poor nation had to bear it which is usually crushed by these unwanted demonstration, which they have only bear in the shape of purchasing high basic utilities. In this regard government should take a serious action to get rid of this inflation which is called as a curse on society. Because nation is not responsible for the deeds of economic instability, they have voted and selected the good kind of government to resolve their problem and poor want to get easier in their limited salaries. But the scenario take changes and these people are helpless to achieve their momentum so the law and order situation create and those funds have to spend to maintain and equalize the level of law and order.

Syed Mohsin Sherazi
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