Tag : Uber

Shervin Pishevar Notes that Inflation Will Continue to Increase Despite the Government Intervention

Inflation, which is the drastic increase in the cost of consumer goods, is currently taking roots in the United States without many individuals realizing it. Shervin Pishevar notes that a large number of people around the country have not realized the current changes in the prices of goods because they have a higher purchasing power. The problem is that there is a small proportion that is made up of the low-income group of individuals who are not able to meet the cost of the goods.

Shervin Pishevar records that the problem will not change and it will even increase to the point that those individuals who can pay for the food and other everyday goods will not be able to handle it. This brings the biggest question of all time which tries to figure out why inflation is affecting the economy of the country.

One of the most critical aspects that are causing inflation to increase in the country is the current aspect of importing goods from other countries. There is an agreed consent that most of the industries around the country are not operating which have left the ordinary citizens at the mercy of multinational organizations operating outside the United States. The goods and services imported come at a higher price than what most individuals around the country would be able to get.

Shervin Pishevar also notes that the government is implementing policies to control inflation that cannot work in the country. Some of the changes introduced in the country include restricting a significant number of countries from exporting their products to the United States through stringent and unbalanced trade policies. The problem is that the supply of goods in the country becomes small against a large number of consumers, which causes individuals to compete for a few products and services which causes a price increase.

The bond market, which has for an extended period been used to control the market has significantly changed and is no longer having impacts on how the market operates. Shervin Pishevar feels that the government should develop other new policies that affect the market so that the problem is eradicated.

https://www.wingsjournal.com/shervin-pishevar-hyperloop-one