Topic: High inflation is causing GLOBAL protests - page 3. (Read 5206 times)

There is no need to protest or fight with others just for the sake of eradicating inflation. Because everyone only needs to provide evidence that inflation is a very painful thing for everyone, so the government is willing to open its eyes and minds to this so that inflation can be resolved more quickly.

Although not in a way that is so fast, but at least it can provide a little relief for the citizens or communities in their own country. Although everyone needs to seek financial freedom in different ways to continue to sustain life and be better than before.

I don't even understand what you mean by being alert and getting more than we need. Because vigilance lies in every calamity that occurs, while to get more needs, it happens through the efforts and smart work of each person. So what exactly are you trying to say here? Because I think that everyone's way of dealing with inflation is always different even though the goal is not much different, namely fighting inflation.

The main danger of high inflation is that it eats up your savings and therefore the rate on accumulating savings for a long time no longer works. Also, in the case of high inflation, companies can no longer plan some things for a long time and will try to do such actions that will provide a large profit in a short time. Also, high inflation eats up the standard of living of citizens and citizens become poorer. Governments of states and citizens should change their actions, but unfortunately they do not have this experience and all this leads to social tension, and if the circumstances are unfortunate, to an explosion. Therefore, very difficult times are coming now and it is not known when there will be an improvement.

To get out of that comfort zone does not have to be judged by hard work, because now people who work smart must also be considered as a form of hard work even though they look very comfortable when working. So smart work is also part of the effort to fight inflation even if only for yourself because it is a pattern that does not benefit other people or many people.

I agree with what you are saying because if a person works hard or works continuously without paying attention to his physical health, it is also very wrong because when he is sick, of course there are many costs that he must spend to become healthy again. That's why there is a saying that says "Health is expensive" because when a person starts to get sick it actually costs him a lot more than when he was healthy. So work smart not hard.

We also need to make preparations from now on. because we do not know when the ongoing global economic crisis will end. preparation can be done by changing the pattern of life to be more frugal. so you can still set aside money for savings. so that when inflation gets higher and causes a recession. then we are ready to face it because we have made preparations from the beginning.

The world's been a mess ever since the COVID-19 pandemic took us by surprise around 3 years ago. It seems that there are no signs of improvement as new strains/variants continue to appear like there's no tomorrow. Add to that the constant money printing from governments and the Russia-Ukraine war, and the end result is massive inflation over the global economy. Imagine if China decides to invade Taiwan in the middle of the crisis. It would make things worse in the long run.

Sadly, it seems to me this is the end of the world. Our economy is so deteriorated that it would be impossible to put it back to the way it was. Now with Putin making nuclear threats to Ukraine, it should only be a matter of time before everything turns into a disaster. Maybe there's still light at the end of the tunnel, but things look bleak right now to think about a bright future. Effectively, the rich will become richer, while the poor, poorer. Who knows what will happen next? Just my thoughts

Naturally, if global inflation becomes the beginning of a disaster, when inflation occurs in countries that have strong influences such as the USA, it is certain to have a broad and global impact, the price of food raw materials continues to increase and is difficult to stop so that we must always be vigilant.

especially the lower middle class economic community, they are very depressed because of inflation and regulations made by the central bank.

OP only listed some, not all countries, right now inflation is happening globally, i bet no country can avoid inflation today just the impact won't be the same. As far as I know, Turkey has an inflation rate of 80% and the Turkish government implements the opposite policy of other countries that the higher the inflation, the lower the interest rate. This is considered a completely opposite policy to most other countries to fight inflation and until now it has not worked. Hope they soon reconsider their anti-inflation policy to improve the country's economic situation.

When we talk about manifestations and protests of a social nature, inflation is one of the main reasons due to the accompanying results that lead to:
- depreciation.
- An exorbitant increase in the prices of products and services.
- The deterioration of the purchasing power of low-income people.
- The disappearance of the middle class and the emergence of signs of social division.
And when the issue goes to the point of no return, it becomes difficult to treat inflation by addressing its causes, which leads to a social explosion. Perhaps this is not what decision makers seek every time, but the matter is exacerbated by the repeated delays.

Can you expand on the welfare part? I just want to hear how government guaranteed welfare for us I want to clarify first of all its not like the way you see Yes, protest number decreased on public area but people started to increase their voices on social media platform. It brought some law with it. And those are not on citizen side.

It's funny that we don't see Türkiye here in this list, even though we have the highest inflation rate last year. Everything's price tripled over this short time period. Minimum wage is under starvation line and it's getting harder to live here every day. There is no real protest over the streets as we have a very strict government. It used to be protests all over the country but some group made a coup attempt and after that nothing was the same. People can't even talk freely. I don't know how long that will go on like that. We have elections next year but I'm not sure if it changes situation. It's hard to even slow inflation down, let alone stopping it which is impossible.
People are so overwhelmed that we can't even stand to see the news on TV anymore. I remember I have complained here before but the situation is getting worse and worse.

Of course, inflation caused world protests. Goods go up everywhere while the salary of the job is not enough, it definitely makes people frustrated. But I think over time, inflation will definitely continue to exist. Because the earth is old, and there are more and more people. Of course the prices of goods must be expensive, that's because of lack of materials. If the goods are cheap, will not get enough money.

If a lot of work and the pay is equal to the needs it will make everyone relieved. There are a lot of people who have jobs and it's not enough. If the salary goes up the same way, that's fine.

Sometimes the mistakes of the leadership of a country are also caused by the subordinates used by the leadership of the country, so that it will also be associated with the leadership of the country, even though in general it is not the fault of the leader himself, but from his subordinates. And this is actually the task of the leader in nurturing his subordinates to do nothing wrong other than having to take care of his people with a thousand kinds of thoughts.

Honestly the conflict between Russia and Ukraine has a devastating impact on the economy in my country just as you predicted, particularly the price of diesel had syrocketed, diesel which is the major fuel used by industries to power their generators as a result of epileptic power supply had forced the prices of products manufactured by those industries to increase thus causing high inflation, infact some of those industries had to shut down operations lay off their workers rising from high cost of production, wheat which is another raw material usually imported from Ukraine by Flour industries for bread baking has not been available thus forcing it importers to seek alternative but much more expensive means consequently bread a staple food is now very expensive.

If they are not mismanaged, then something like this does not need to happen, believe it or not inflation is very close to the rules they agree on, for example the export and import of food raw materials or other materials, so that the money supply is not as balanced as usual, although this problem is not happens all the time, but mismanagement, impartial rules and decisions that harm the people are their representation.

Strong protests by means of demonstrations will never solve the problem, this will only add to the problem and more problems will arise, agree or not the state must be able to ensure that its people are protected from various problems, ranging from health, safety to better economic growth However, I don't think the government needs to provide assistance in any form, what the people need is infrastructure to achieve a more stable and improved economic level.

That's why I strongly agree, that bitcoin can save anyone, in different ways and approaches, even though not everyone agrees or doesn't even know where to start.

I've also heard a saying like this, "every leader is a reflection of his people".
The problem is precisely here, the representation of leadership is actually very close to the reflection of the people, where they are elected based on the elections made. Don't expect the leader to be fair, uncorrupt and protect the people, if the voters don't understand what a leader is like.

Well these protests are for good reason. Inflation and hyperinflation further widens the gap between the poor and the rich, and also at the same time puts the burden of the economy to the middle class, given the fact that they are the ones who are expected to pay the taxes and jumpstart the economy. The inflation we are experiencing right now is a kick back from the economic shenanigans we have made during the pandemic, especially in the case of US where printing money for stimulus checks became the solution in order to not only empower the economy by encouraging people to spend, but also to support the marginalized courtesy of the aforementioned pandemic hitting everyone where it hurts.

Indeed, before the war between Russia and Ukraine the global economy slowly began to recover from the pandemic,
of course it is not an easy thing and it disappeared after the war which is still ongoing,
Besides that, inflation is happening everywhere and it makes economic conditions even more chaotic

The rates of the inflation are rising so fast this year. This is different from the previous years. Other than the inflation, there's also wars which makes the price of the goods even higher but luckily we have cryptos which can save us when those economic problems attack. This is where people hide their money and they can also pull out some of it once they badly needed it. Usdt is a stable coin which are great if you don't like the instability of the standard crypto.

It's not easy to take over the position of someone else but it must be done in a proper way. If they think they are a good leader then why not join the politics next time? You can then encourage other to vote for them.

Haha. The "signs of recovery" was merely the effect of the biggest/largest BRRR-Money-Printing that most Central Banks did to inject cash/liquidity into the system. It wasn't a REAL recovery because there was not much growth in goods and services that were being produced while the money supply was growing. What do we have when there's too much growth in money supply, but no/small growth in goods and services? INFLATION.