For a generation that evaluates the economy based on carbonated drink prices, it took a while for Bangladeshi youth to perceive the true gravity of the ongoing economic inflation. The concerned youth didn’t flinch during the oil price hike or as the dollar market rose higher by the hour. But as it turns out, the price hike of Potato Crackers chips is where they draw the line.
“The first wave started with the increase of the 250 ml Coca-Cola price. It was tough but we had to resort to our last option – Bepis,” says Shadman Sakib, a victim of the recent Potato Crackers crisis, “But what about Potato Crackers? I can’t just replace it with the closest knockoff! It’s potato chips, not my undergrad from Canada where I can just choose the University of Newfoundland if Manitoba’s not an option!”
Unlike the dollar market crisis or oil price hike, the Potato Crackers price hike has affected the privileged classes as well. Panic floods the streets of Gulshan, Banani and the urban and more privileged sections of Uttara. Supermarkets have reportedly run out of stocks of Potato Crackers as victims are fearing prices rising even further in the future.
Bashir Wayne, an eminent icon of the privileged class, expressed his concern, “I’m the least bothered when it comes to money. I don’t get the panic among the peasants regarding the dollar price hike. If things are too expensive for you to buy in taka, just pay in dollars using your father’s credit card. The Bangladeshi currency inflation can’t affect you if you don’t use Bangladeshi currency in the first place! I can’t believe our economists haven’t yet come up with this simple solution.”
“However, the Potato Crackers crisis made me realize that we, as a nation, are in grave danger,” continued Bashir, “Just like my father tries to bypass the taxation policies of our country, I also tried to bypass the crisis and order Potato Crackers on Amazon. Unfortunately, it wasn’t available and now I have to live my worst nightmare – pay for something in cash on my own and live like a commoner.”
Acclaimed economist and Nobel laureate Dr. You-Know-Who dissected the financial strategy of our youth, “The panic regarding price hike of Potato Crackers among our youth is equivalent to the panic regarding oil prices among our boomers. While nations evaluate the economy in terms of gold reserves, import-export index or local market prices of commodities, our youth measures it through prices of energy drinks, chips, inflammable death sticks and the availability of vouchers on food delivery apps. For them to understand the gravity of the inflation, we must dumb the economic terms down to their IQ and explain it to them as you’d to a 4-year-old.”
Dr. You-Know-Who’s new book ‘Inflation for the Mentally Inflated’ intends to explain the financial crisis to Bangladeshi youth and create the much-needed panic among them so that they can be more financially responsible, save their money and invest in more fruitful ventures.
