Jungibaaz
RETIRED MOD
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This has very little to do with so called mafias. It’s simple economics, government has been reducing imports hence a supply side reduction for plenty of imported goods. And at the same time tax on imports and massive devaluation has caused inflationary pressure from ER shock and import channel.
This has a knock on effect on the general price level of an economy.
This is partly why despite the dismal growth figure, SBP has no choice but to keep base rates at 13.5%.
Rate of inflation is up, way up. And basket of goods price is increasing even more. Are you really saying that we’ve had no inflation and that prices are as they were in 2015?
That would be beyond silly. I suppose awam should believe the video and not their lying eyes. And economists should quit their profession, clearly every one of them is utterly wrong.
This has a knock on effect on the general price level of an economy.
This is partly why despite the dismal growth figure, SBP has no choice but to keep base rates at 13.5%.
Rate of inflation is up, way up. And basket of goods price is increasing even more. Are you really saying that we’ve had no inflation and that prices are as they were in 2015?
That would be beyond silly. I suppose awam should believe the video and not their lying eyes. And economists should quit their profession, clearly every one of them is utterly wrong.