Comments on news report

“Pay hike may not fuel inflation,” published on December 29, 2014

Habib
You can never predict what is going to happen in Bangladesh tomorrow. It is a country of every possibility. What you may think quite bizarre or irrational or shouldn't be happening is pretty likely to happen. We often see demand-supply theory proved wrong. We have developed a rule of 'no rule'. There is no one to monitor, no one to regulate. Definitely, a pay hike will lead to rise in prices even though the pundits fail to find any reason for that. Expectation plays a big role here. It's really a challenge to make a statement in this context.

PlainSpeaker
Inflation depends, as a rule, on balance in production, supply, demand and purchasing power; you do not need to have a Cambridge or a Harvard PhD in Economics to understand this simple economic lesson. Of course, there would be inflation when pay hike is not matched by production and thereby equal supply of goods and services in the economy.

****

“Six killed as lorry collides with train”
(Dec. 30, 2014)

truthprevails53
The railway department is one of the most corrupt departments of the country, if not the most corrupt one. I know many railway officials who have crores of taka and many flats both in the country and overseas. But the trains are prehistoric. The best thing would be to get rid of the deadwoods and improve our railway sector.

****

“Hartal violence takes school teacher's life” (Dec. 30, 2014)

Sabuj Banik
How many innocent lives would have to be lost before such madness stops?