Mereja.Forum

We get the news that production capacity of agricultural and other basic necessities like cement products have substantially increased in the last few years but still inflation is skyrocketing and keeps doing so.

If production increases, then normally the consumer will be empowered and inflation should be checkmated.

Something is fishy here. You keep increasing the supply side and still you can't curb the cumbersome inflation, which is hurting the hardworking but low-income citizens of the country. At the same time few are making very high bonanza of profits and the disparity of income is constantly rising.

Why are many people making easily big profit and the rest is left to destitution?

The way the Ethiopian market works must be closely looked at it and examined, I think.

Well, monopoly has got many different forms, but among others it is achieved by either controlling the production of the goods or the access to market of the already produced goods (and services).

Here is the Mayor of Addis is also saying there is enough production in the country, still there is a scarcity on the market, which can only be explained that somebody is controlling the market access of the prodcts.



This is against the tenets of a free market and should be controlled and the perpetrators brought to justice, monopoly is nowhere allowed in the free market.