Another Beginning of the Whiteaura

Went to buy breakfast today and the storeowner was having small talk with me. She said that things r getting more expensive now but if she raise the price, people will not want to buy from her. Well, this is a very real thing. I would say that perhaps, the main cause or the root cause of inflation is the population boom globally, and the uneven wealth distribution.

The rate of our production cannot catch up with the population boom. With smaller supply and larger demand, those who can pay a higher price will get it. Therefore things become more expensive. On top of that, due to the uneven wealth distribution, the rich live and eat not just for mere survival but for luxury and enjoyment, depleting resources that can be used to give to a few more people in poor countries to help them survive.

posted by Whiteaura II @ 10:15 AM