Topic: Everything is over priced but people keep spending - page 9. (Read 1931 times)

Very well said, almost all people, when you ask where the large portion of their salary goes, they will answer that it is for food and other essentials, which is I think, it is right that our number 1 priority is food because it is what we get strength and other nutrients in the body, many people focus more on food even without vitamins as long as they eat properly, they are okay. Many people work just so they can eat and survive in life, so we can't blame why others are satisfied with what they have, even if they don't have savings or investment as long as they have something to serve on their table.

In actuality, food is essential to our survival. People cannot remain healthy without adequate nutrition, which makes it difficult for them to work productively and make a living. Thus, it's imperative that we feed ourselves first. Our health is the most important thing, so we should prioritize our nutritional demands before other costs, like savings or investments. Future plans are useless if our current health deteriorates? Good health makes it easier for us to take advantage of opportunities, while bad health makes it more difficult for us to work toward financial stability.

Consequently, it is understandable why people allocate a significant portion of their resources to food. In essence, ensuring our bodies receive adequate nourishment is not merely about satisfying hunger; it is about safeguarding our health, enabling us to pursue opportunities, and ultimately, improving our quality of life. Therefore, it is perfectly justifiable for individuals to prioritize spending on food to maintain their well-being and maximize their potential in life.

I don't use stablecoins although I accept them, just so swap them into FIAT, or Litecoin.
I pay with Litecoin if I got the coin for 62 I'll swap or change at 62+
We own or have bank accounts, cash and coins.

I like the fact that you said an "average person". Not everyone is working to put food on the table, we have some people that at working, buying all they want in life and also investing more but this is not for an average person. Generally, there is food inflation globally and this is due to shortage fall in global warming affecting everyone. There is shortage of food supply and raw material and so the available ones are having high demand and that's why the prices are not smiling.

There is also a rapid increase in inflation in many countries and decrease in number of job opportunities and the major cause of inflation was because they printed more money than they needed. It's now some of them.are mopping the excess cash in circulation by increasing interest rate to discourage people from borrowing to strengthen their cash flow which is working for some and some are still the same. For those which is working for has increase productivity as well while some are still fighting for inflation.

It depends on the country and also the economy of the country, so the cost of things moving up will be determined by the management of the countries, if the country fertile manage their economy very well everything that is in the country will rise up, so that is why we don't need to depend on government and focus on entrepreneurs, people who invest in bitcoin and some other cryptocurrencies investment will not be talking of high pay almost, but they feel it, the thing is that we should diversify our economy

Yes, of course we cannot protest about this and it would be better for us to think about how to meet the needs we need, because by complaining about the high prices of the needs we need will make some people lazy and continue to complain about the situation and This doesn't give us anything and it would be better for us to continue trying as hard as possible to be able to earn income according to the needs we need and if there is still any remaining income we have then we can save and I agree with what you say, by doing If they protest against the government by taking to the streets, they don't care about this, of course they only think about themselves, not the people they lead.

Staples will still be a necessity no matter how high the price is, they will buy even though the monthly salary does not have the same increase, sometimes some people can complain and some people let it go because of course complaining will not change anything except increasing income.

At least we save on eating at home with our family instead of eating at restaurants that will cost us a lot of money, right?

It's possible that the word inflation rate is high then the goods will be high as well as the fiat value will be lower this is what I feel now, once a few dollars were enough for basic needs but now it's not enough and have to spend a lot of money.

The cost of leaving is rapidly increasing globally, things are going up higher and higher every blessed day the rate of economic crunch is quite alarming, people only hustle to feed their families and pay bills.

This might shock you and i am also very ashamed to tell you that the rate of $1 to my currency is 1,477.25 as at today and we are even happy that the rate has come down , my dear mate i don't actually know where we are heading to, it is only few people that talks about investment, every average man hustle to feed their family and sustain their bills.

however, my question is when will all these scandals come to an end , what will be the solution to all these problems, but when i look at those questions it seems rhetorical because it is effortless asking because the bad governance has turned to be hereditary, people now hand over from one bad government to another worst government at the detriment of the poor electorates. But one thing that motivates me more is the rise of bitcoin, because bitcoin (digital currency) has become the hope for the common man.

i tagged bitcoin the hope of common man because , i have actually suffered in the street but i was relieved around 2020 when my friend introduced bitcoin to me and advised me to buy and hodl  , i did exactly as he said and up till today i have never regrated being part of the investment.

What else are you expecting from people to do then. It's something that is necessary if we want to survive in this world we have to earn and then spend in order to have a survival. Yes the conditions are getting worse and worse and they'll be even worse in the coming future.

We need to understand that this banking and debts system is expired now and the world needs a revolution. Everyone needs to get themselves out of this shit. If we will not try today and like people are doing right now they just think of their own survival.this selfish behaviour will lead to more disorder for ourselves and even for our coming generations. Someone has to step up and raise their voice against it.

the majority of people in the world today on average feel the same thing, where the prices of various necessities are increasing, but their income remains the same. people do complain about this, i heard how people complained in supermarkets when they saw the price of rice or eggs increasing. but we are all here too busy with our own affairs and too tired to protest to the government regarding this problem. even if we protest against the government by taking to the streets, it is of no use and will not reduce the price of these necessities. so we just let it be.

There's a good reason why it is advised to have friends, and that's because they might be of help in times like this when everything is so expensive and one can't just deny him/herself the major needs that require daily sustainability.
There's also a reason why alternatives exist and that's incase the desired isn't available, what's available simply becomes the desired. Find the alternatives and if possibly save more money, rather than take meaningless risks because of greed, invest in gaining more knowledge to have another source of income and when things get better, or the economy improves you wouldn't even notice how much you suffered because of the wealth that is as a reward of the suffering and denial of cheap pleasure that you endured.

Of obviously, individuals will spend; just because something is expensive does not imply that people will not buy or sell; people will need to eat in order to survive; even if everything is expensive, as long as people are working to make a living, they will have to spend. Another option is to establish a universal basic income (UBI). Under this arrangement, every citizen, irrespective of income or work position, would be given an everyday government payout. The concept is to provide people with just the right amount of monetary safety, allowing them to meet their fundamental necessities while still having a greater capacity for achieving their aspirations. Some claim that UBI would be a better and more efficient solution for fighting inequality and impoverishment.

In addition to the soaring prices of food or basic necessities that cannot be tolerated or in the sense that we still have to buy it in the end even with a little feeling of annoyance because the price is too expensive, but on the other hand in my opinion there is still a way to be able to minimize the wasteful use of money, namely you can plant something like vegetables behind your yard such as corn, carrots or other foodstuffs which on the other hand of course it will be able to make you a little more efficient by not allocating too much money to shop at the market.

However inflation can never be avoided because it is a cycle of price swelling that is natural in a country with a certain period of time, on the other hand there is no benefit if we just complain because it might only make things worse and obviously the solution is that we must look for various ways to minimize spending money and balance ourselves with situations and circumstances and one of them as I said above you can garden to cover a little of the expenses of living needs.

It's a must to eat, "A hungry man is an angry man", all we keep working for is just to provide the necessities of life, shelter, clothing and most importantly food. The economy is not in a good shape to brag about, even the so called rich are complaining about the high cost of everything. Comparing yet, cooking from home is much more preferable than eating at a restaurant, I did the calculation myself and I would not suggest frequently eating outside to help save some money as restaurants are excessively increasing their cost of food to make excess gain.

The economy is bad, I can testify from my experience and the present economy situation but I observed carefully not everyone is talking about the bad economy and I asked a question what's with these people and their way of living or they just earn and plan wisely. Guess what, most areas are developed and workers earn huge but when you get to the rural area workers earn less amount. We cannot compare the job opportunity in an rural area with that of the urban center, the location also matters as you can earn and create room for self employment in the urban center easily and the business will grow but still requires capital. Although when the economy is bad both the rural and urban center will face the hardship but in terms of comparison people living in the urban center hardly complain of such.

It is even better if you have a garden and can plant vegetables, so although for some it can be a challenge to grow tomatoes, which are quite sensitive, but lettuce, onions, carrots and parsley and peas are very easy to grow, and in addition, if you get seeds that are not treated with no poisons and you do not use various chemicals in cultivation, you get healthy vegetables.

The thing is not only that food has become too expensive, but that it is more and more poisoned - and I read that tomatoes have lost about 50% of their nutritional value compared to what they had 30 or more years ago - so not only we pay a lot, but we pay more for less.

Look, the price madness? It's a circus, and guess what? We're the clowns, shelling out more for the same ol' bread and circus. $5-12 for a meal that used to cost $3? That's not inflation; that's daylight robbery without a mask on. And yet, here we are, wallets open, feeding the beast that's eating our future. It's ludicrous! Cooking at home costing the same as eating out? That's the punchline of a very bad joke, except no one's laughing

People aren't just "affording" these prices; they're sacrificing, juggling debts, and postponing dreams. It's a rigged game where the house always wins, and the average Joe? He's running in circles, expending all that energy for no progress. Saving, investing? That's a rich man's game, and the entry fee keeps getting steeper

So what do we do? Roll over? No, we get smart. We question every purchase, trim the fat, and get ruthless with our budgets. Because if there's one thing they can't take, it's our refusal to play their game by their rules. It's high time we start valuing our sweat a bit more, don't you think?

This is a mandatory thing that must be fulfilled, so humans will do everything to be able to fulfill their basic needs.
I think the issue of high prices is happening in almost all countries and it is also followed by increasing income so that the expensive prices of necessities will be able to be somewhat covered by increasing income.
It's true that we shouldn't complain about what happens which makes us even more burdened, but we have to be ready to face all of this by being able to make a lot of money.

Who told you that people are not complaining? Are you living alone? Because even someone who can afford the money will still complain because they are spending twice as much, when they cab use the extra for something else.

This can't be use as an excuse for not investing, the worst that can happen is your investment amount goes lower, if you can afford to invest $10 before, now it will be cut into half, making it $5, half bread is still better than none.

The best advice we can give to an average man is to work on themselves, they should always increase the payout of services they are giving their customers if they are business owners, or they should find something else that pays so that their income can increase.

At that time we can't go anywhere, the entertainment we get only playing games, watching movies and video call. But after the world transitioning from pandemic to new normal, we can go anywhere, many places are opened and there are many entertainment we can get. People like to spend to buy branded cloth and expensive things, this give pressure to unfortunate people to buy it too.

So they over spend their money just to the trends, right now fashion is really booming. That's why we suffer economy difficulty and many people don't have money to buy foods.