Inflation is basically caused when the rich people feel that poor are about to reach them. You might be laughing at what i just said but it is real. They do not want the poor one to get close to them. The reason being the fact that the status which they are having should not be there with the poor. This very reason is the root cause of inflation.
Now coming to the fuel prices yes in last decade fuel prices having been alarming and due to this fact the inflation has broken the back bone of poor people, When ever there is a raise in gasoline then there most certainly an increase in prices of FMCG thus effecting each and every thing.
Thou technology has gone beyond one's thought and now there should be alternative way out which can help get rid from the use of gasoline. Science has given the power to man kind to wisdom out ways to help their living.
Efforts had been made for the green fuel technology and these efforts have been real successful.
Algae is used as fuel in green fuel technology. Thou it has not got that much power as there is in gasoline products but still has got much of power to help man to get rid of petrol diesel or gas.
Even through green fuel technology an Airbus also had a flight of more than 4 fours as a test flight to run an airplane through algae. But now problem is this that if we start converting our cars and other things from gasoline to algae then it would not be an easy task and on the other hand the natural atmosphere will be disturbed. Which is at the end will lead to some sort of environmental disorder.
So there are way out but how to implement these ways is not easy and never easy.
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12 years, 8 month(s) ago