High inflation is causing GLOBAL protests - page 13.

oHnK

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Quote from: Rruchi man on July 19, 2022, 02:22:04 AM

I fear that this issue of inflation has also had an effect on the security of lives and property. We need no percentage to estimate and say that the level of insecurity has risen and it is evident from my all around us with more desperate individuals who are willing to do or go any length to be able to survive

Everything is connected in the end because of high inflation, alot people will be doing things that they shouldnt do to survive. Its all about survival in the end and inflation will not affect the rich that much, all those poor people at the bottom will be getting the severe effect first so that will also rise the security issue for all other people

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Quote from: Husires on July 18, 2022, 05:22:34 AM

Quote from: Wind_FURY on July 18, 2022, 04:31:58 AM

All around the different regions/parts of the world, they have the same issue that's causing mass protests. It's HIGH INFLATION, HIGH FUEL PRICES, HIGH FOOD PRICES, HIGH COSTS OF LIVING, AND LOW MINIMUM WAGE.

This is an illustration of inflation among a group of countries since 1980 (https://www.reddit.com/r/Bitcoin/comments/w16jum/global_inflation_since_1982_bitcoin_is/,) and if you notice, many countries have gone through hyperinflation and yet those countries continued to exist with/without minor changes in the ruling class.

Therefore, high inflation does not mean that the country will face a political crisis or the government will be changed, but it is one of the highest factors that if political unrest does not occur, it will make the position of the poor more poor.

The bottom line is that mismanagement is what makes the state corrupt, and it is what leads to political turmoil.

The most important factor when it comes to inflation is the price of food, and this is because those that are poor spend a great deal of their budget on food already and if the price of food begins to increase out of control then this means that they are going to have a lot of trouble to feed themselves and their families, after all there is a limit to how much you can slash your food costs, and if we go a little bit deeper we can see this affects the rest of the economy greatly as well, because if now the majority of the budget of the people go towards food then there is very little money left for anything that is considered to be nonessential, slowing down the economic activity and at the same time this will reduce the stability of the country to the point that massive protests become almost a given at that point.

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Quote from: Wind_FURY on July 18, 2022, 04:31:58 AM

All around the different regions/parts of the world, they have the same issue that's causing mass protests. It's HIGH INFLATION, HIGH FUEL PRICES, HIGH FOOD PRICES, HIGH COSTS OF LIVING, AND LOW MINIMUM WAGE.

I fear that this issue of inflation has also had an effect on the security of lives and property. We need no percentage to estimate and say that the level of insecurity has risen and it is evident from my all around us with more desperate individuals who are willing to do or go any length to be able to survive the present harsh economic realities caused by inflation. We all have to exhibit caution and care in dealing with individuals around us, both the ones we think we know and the ones we don't know.

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Quote from: Upgrade00 on July 18, 2022, 04:40:02 PM

Inflation is just figures indicating certain metrics. The actual effect of inflation is felt by the masses, especially the poor and middle class. They are usually the least financially educated, and with Small and Medium Enterprises (SMEs) being badly affected by poor fiscal policies, they also lose sources of income.

Quote from: fiulpro on July 18, 2022, 12:14:30 PM

in the USA people were given so much money due to the pandemic now the situation is still terrible is it not ?

The idea of printing excessive amounts of money to stimulate spending was a sort of band aid solution to a critical issue, leading to higher inflation and higher cost of living.

What are protests going to do - Government are not much concerns about people interest they are much concerned about the Ukraine and Russia war how to put sanctions on countries which are neutral - and how to make a regime change. This inflation is obvious.

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Inflation is just figures indicating certain metrics. The actual effect of inflation is felt by the masses, especially the poor and middle class. They are usually the least financially educated, and with Small and Medium Enterprises (SMEs) being badly affected by poor fiscal policies, they also lose sources of income.

Quote from: fiulpro on July 18, 2022, 12:14:30 PM

in the USA people were given so much money due to the pandemic now the situation is still terrible is it not ?

The idea of printing excessive amounts of money to stimulate spending was a sort of band aid solution to a critical issue, leading to higher inflation and higher cost of living.

ChrisPop

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We all know that the current financial system based on centrally controlled fiat currencies has its flaws. We go through booms and busts. After the economic problems caused by the COVID pandemic and the instability generated by the international conflicts we should expect recessions, even depressions and possibly civil wars (we already have military wars *ukraine and pressure is on Taiwan as well)

Thanks for documenting the tweets, but something tells me this is just the beginning. People in developed are facing difficulties with keeping up their lifestyle. Think about the third world countries where wages are exponentially smaller. Let's not forget that the winter hasn't come yet. That's when most of the casualties happen.

fiulpro

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Lets roll back and talk about 2022, the things that the world faced in 2022 :

War
Pandemic

Both of these together are the most awful combinations as well and then we have a massive decline in sources like grains and also oil this the prices will ofcourse rise which also means that, government cannot just sit down and try and do their best because at the end of the day, they cannot control these things, only to an extent, in the USA people were given so much money due to the pandemic now the situation is still terrible is it not ?

They should have definitely handled it better but they cannot just take away all the negative waves from these things.

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Governments generally have nothing against protests if they are not violent and do not block key roads. There is no question at all that people are dissatisfied with the development of events, but even with the best will of all governments, the hole we have fallen into is too deep to get out of it just like that.

What will stop the protests to a greater extent are very likely epidemiological measures which, given the increase in the number of infected people, will probably be in force again in 1-2 months. Let's remember the big protests in Hong Kong or the yellow vest protests in France, which are still going on as of 2018 - little has changed for the better.

I'm not saying that people shouldn't protest, but apart from the violent overthrow of the government, which rarely happens, the real power can be shown in the parliamentary elections when they can elect some other new people and give them a chance to try to make a better society for everyone. There is a saying that bad governments are elected by people who stay at home during elections, and this is unfortunately true in many countries.

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Quote from: LoyceMobile on July 18, 2022, 05:06:05 AM

Structural inflation isn't in the interest of the average citizen, and it's forced upon us by central banks.
It's the main reason I'm into Bitcoin: I believe money should be scarce to be valuable.

Some people do not know what bitcoin is, they do not know it can be an hedge against inflation, but instead, they are calling it scam, hyip, ponzi and all false kind of names.

Quote from: Husires on July 18, 2022, 05:22:34 AM

The bottom line is that mismanagement is what makes the state corrupt, and it is what leads to political turmoil.

Sometimes, inflation is beyond corruption, some leaders are not just capable. I can see my country always depending on the whites, they do not want to come up with something of their own and they are failing. They always value the white countries than their own.

See phones, computers, their OS and other modern technologies not beyond USA, China and few other developed countries. The reason I always pity the next generations of my country. The present generation do not even have believe in themselves, the leaders completely worsen the situation because they are the ones living the luxurious lives of foreign products while not even having the initiative to make their country be like that.

Husires

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Quote from: Wind_FURY on July 18, 2022, 04:31:58 AM

All around the different regions/parts of the world, they have the same issue that's causing mass protests. It's HIGH INFLATION, HIGH FUEL PRICES, HIGH FOOD PRICES, HIGH COSTS OF LIVING, AND LOW MINIMUM WAGE.

This is an illustration of inflation among a group of countries since 1980 (https://www.reddit.com/r/Bitcoin/comments/w16jum/global_inflation_since_1982_bitcoin_is/,) and if you notice, many countries have gone through hyperinflation and yet those countries continued to exist with/without minor changes in the ruling class.

Therefore, high inflation does not mean that the country will face a political crisis or the government will be changed, but it is one of the highest factors that if political unrest does not occur, it will make the position of the poor more poor.

The bottom line is that mismanagement is what makes the state corrupt, and it is what leads to political turmoil.

LoyceMobile

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Structural inflation isn't in the interest of the average citizen, and it's forced upon us by central banks.
It's the main reason I'm into Bitcoin: I believe money should be scarce to be valuable.

Wind_FURY

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