Last October, the overall inflation rate in the country was 9.93 percent. Food inflation stood at 12.56 percent, which is the highest in the last 11 years and 9 months. In other words, food inflation cannot be controlled. Prothom Alo had said that food inflation has been above 12 months for three months. This meant that people with limited income were struggling with the cost of basic food to survive. That is why inflation is called a silent killer. Former US President Ronald Reagan said, “Inflation is as violent as a robber, as terrifying as an armed robber and as deadly as a hit man.”
If the words of government ministers and other policy makers regarding reducing inflation in the last two years had been taken in written form, a big book could have been published. The more assurances they give, the more inflation increases. It feels good to hear assurances and sometimes even sparks of hope flare up, but the problem is when such assurances take the form of farce – Bangladesh is becoming Paris, Switzerland, Singapore, women thrice a day She applies lipstick, changes the color of her sandals four times.
Now on the basis of economic theory, if it is said that the people of the Commerce Minister’s area are in the worst condition in the country, would it be wrong? After all, women in her area apply lipstick three times a day.