Have you ever realized why inflation is high in countries where government susbidizes things ?
Think a bit harder.
There is a limit to which the government can subsidize. But if global supply-demand affect prices, countries that do not subsidize see less effect than countries that subsidize.
That is because people in those countries fine-tune their life styles accordingly.
We have become do dependent on governments to provide for us. It is just shameful.
We want free education, free healthcare, Pensions, cheap oil, etc...How will the government fund this.
I advocate small government with limited role. It is not the role of government to regulate prices. The markets should decide that.
But we as a nation have been under the influence of communism for a touch too long. We do not trust the markets. but we trust these headless and spineless politicians.
Fool me once shame on you, fool me twice shame on me.
Fool me for the last 60 years, bharat maata ki jai !!!