There are three classes in our society: the rich, the middle class and the poor. Inflation does not bother the rich. He has easy access to all the necessities of life and comforts. He enjoys the latest comforts. The lowest class is the poor. This class is accustomed to lack of equipment and lives frugally.
The direct effect of inflation is more on the middle class. In the middle class, the earner is one and the eater is many. This category includes the working class and the general peasantry. His family income is limited. The middle class has to constantly spend on building their own house, educating their children, buying household goods, food grains, clothes etc. It also costs a lot to save social transactions on occasions like marriage and death. On such an occasion, grandchildren have to be killed.
The daughter has to give a large amount of kariyavar. When a family member falls seriously ill, a mountain of grief falls on him. Tears well up in his eyes as he pays the bills. Thus, the position of the middle class is like an areca between sleeps. As such, he cannot care enough for his children's developmental activities or spend enough money on them. Inflation rises but the income of the middle class family does not increase significantly. Inflation is increasing day by day due to many reasons like explosive population growth, low production of food grains, black market and hoarding.
The monster of inflation is not loose without dancing. The government and the people should work for that. Inflation can be brought under control only if there is more production of foodgrains, population growth, hoarding, profiteering and black market. In addition, the middle class will have to change its social customs. This will be possible only with the joint efforts of all.
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