Altcoins Talks - Cryptocurrency Forum

Local => Nigerian Languages => Off topic & Sports => Topic started by: Penlex_Writer on December 24, 2024, 01:45:53 AM

Title: Prices of goods are always inflated during Christmas.
Post by: Penlex_Writer on December 24, 2024, 01:45:53 AM

I have really taught about it,every goods in the market have skyrocket ×2 of the old price,asking the marketers why is it always so,different reasons will be thrown to you,even those one's with old stocks in there shop will increase to the current price,what is the really cause of this rising of price of goods every festive period..

Title: Re: Prices of goods are always inflated during Christmas.
Post by: Chilwell on December 27, 2024, 05:50:30 PM

Quote from: Penlex_Writer on December 24, 2024, 01:45:53 AM

I have really taught about it,every goods in the market have skyrocket ×2 of the old price,asking the marketers why is it always so,different reasons will be thrown to you,even those one's with old stocks in there shop will increase to the current price,what is the really cause of this rising of price of goods every festive period..

I always wonder that whenever a festival approaches, the prices of commodities skyrocket. It seems that marketers take advantage of the situation, hiking prices excessively because they know people will buy regardless, due to the necessity of these items for celebrations. This phenomenon isn't unique to Christmas; it also occurs during Muslim festivals like Eid-al-Fitr and Eid-al-Adha.

During Ramadan, as the fasting period begins, prices rise sharply. Marketers capitalize on the demand, knowing that people will purchase goods regardless of the cost. Since festivals are a time for spiritual reflection and celebration, I believe marketers should fear God and maintain fair prices, making commodities affordable for everyone. This would allow people to celebrate with joy, without financial burden.