{"id":68420,"date":"2025-10-13T12:31:37","date_gmt":"2025-10-13T07:01:37","guid":{"rendered":"https:\/\/vajiramandravi.com\/current-affairs\/?p=68420"},"modified":"2025-10-13T12:32:57","modified_gmt":"2025-10-13T07:02:57","slug":"fomoflation","status":"publish","type":"post","link":"https:\/\/vajiramandravi.com\/current-affairs\/fomoflation\/","title":{"rendered":"Fomoflation"},"content":{"rendered":"<h2><b>Fomoflation Latest News<\/b><\/h2>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">The recent signing of a proclamation by the U.S. president raising the annual fee for H-1B visas to $100,000 a year led to a sudden panic-driven demand that pushed ticket prices higher, illustrating a textbook case of fomoflation.<\/span><\/p>\n<h2><b>About Fomoflation<\/b><\/h2>\n<ul>\n<li style=\"font-weight: 400; text-align: justify;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Fomoflation occurs <\/span><b>when consumer behaviour (demand psychology) and market or supply pressures<\/b><span style=\"font-weight: 400;\"> combine to <\/span><b>create rapid inflation <\/b><span style=\"font-weight: 400;\">even in essentials, where <\/span><b>prices rise faster than underlying economic factors would justify.<\/b><\/li>\n<li style=\"font-weight: 400; text-align: justify;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The <\/span><b>cycle of panic-driven demand and resultant price surges<\/b><span style=\"font-weight: 400;\"> illustrates how fomoflation operates.<\/span><\/li>\n<li style=\"font-weight: 400; text-align: justify;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Therefore, it is the <\/span><b>fear of \u2018scarcity\u2019 or the Fear Of Missing Out (FOMO) <\/b><span style=\"font-weight: 400;\">which triggers buying frenzy, <\/span><b>setting off an \u2018artificial demand\u2019 loop<\/b><span style=\"font-weight: 400;\"> and eventual price rises.<\/span><\/li>\n<li style=\"font-weight: 400; text-align: justify;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Unlike usual <a href=\"https:\/\/vajiramandravi.com\/upsc-exam\/inflation\/\" target=\"_blank\"><strong>inflation<\/strong><\/a>, which is an outcome of macroeconomic factors, fomoflation <\/span><b>arises from behavioral psychology, often amplified by social media.<\/b><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">It can<\/span><b> also be seen in consumer goods.\u00a0<\/b>\n<ul>\n<li style=\"font-weight: 400; text-align: justify;\" aria-level=\"2\"><span style=\"font-weight: 400;\">For example, during festive seasons, demand for staples such as pulses and cooking oil spikes after media reports highlight potential shortages or price hikes.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400; text-align: justify;\" aria-level=\"2\"><span style=\"font-weight: 400;\">Influenced by the reports, consumers rush to stock up, pushing prices higher even when supply is sufficient.<\/span><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p><b>Source<\/b><span style=\"font-weight: 400;\">: <\/span><strong><a href=\"https:\/\/epaper.thehindu.com\/ccidist-ws\/th\/th_delhi\/issues\/151836\/OPS\/GRSF14ARK.1+G16F1682A.1.html\" target=\"_blank\" rel=\"nofollow noopener\">TH<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Fomoflation occurs when consumer behaviour (demand psychology) and market or supply pressures combine to create rapid inflation even in essentials. Read more about Fomoflation, Meaning, Impacts, Latest News.<\/p>\n","protected":false},"author":23,"featured_media":68550,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[3217],"class_list":{"0":"post-68420","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-upsc-prelims-current-affairs","8":"tag-fomoflation","9":"no-featured-image-padding"},"acf":[],"_links":{"self":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts\/68420","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/users\/23"}],"replies":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/comments?post=68420"}],"version-history":[{"count":0,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts\/68420\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/media\/68550"}],"wp:attachment":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/media?parent=68420"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/categories?post=68420"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/tags?post=68420"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}