Price Spiral/ Price Hike Paragraph

Price hike or price spiral means that the cost of everyday things we buy goes up. This happens a lot in our country now. Stuff like food and other things we need are getting more expensive. Because of this, people are saying that it feels like there's a never-ending fire in the market.

The prices of things like oil, electricity, gas, and even renting vehicles are getting too high for regular people to afford. This happens because the government's way of managing things isn't working well. Some people who store things to sell later are doing it in a sneaky way. Important people are also being very corrupt, which makes the situation worse and leads to higher prices.

Because there's already a lot of inflation (prices going up) in the country, the price hike is even worse. This is because there are many business people who are not honest. Sometimes, they spread rumors about the government's budget, which then makes prices in the market go up. The money that regular people make doesn't match how expensive things are getting. So, most people in our country can't make enough money to cover the higher costs.

Because of this, we need to stop the price hike from happening so that our country and society can stay balanced.