Topic: High inflation is causing GLOBAL protests - page 6. (Read 5220 times)

In the end indeed it all depends on the leader and being rich does not mean we will not suffer,
and of course there are many products that require gas in their production,
because when gas prices soared it caused a domino effect

Now this will be a domino effect indeed. bad news, the number of protests in every country and some statements about war from several countries will obviously worsen the current situation.
Now there is nothing that can be done because surely the ones who will suffer the last are the people who do not have the power both in the economy and the political power who are the targets affected in this case.

It's really hard when you want to stop something like this because it is certain that protests will occur everywhere when there is something that will indeed cause misery.

I believe there are some people who post in the topic that are still unconvinced that there are protests around the world caused by high inflation. Those people will start believing it, probably during or after the winter. Plus if anyone believes that we have already seen the worst of the crisis, there will be MORE bad news coming. Russia is preparing for what might be something unavoidable.


That's a war-time policy.

Almost all countries have big inflation lately with rising raw material or fuel oil prices, I don't know where you live and 45% inflation as you mentioned. However, it turns out that the existence of the government cannot guarantee the food needs of the community, so the protests are getting bigger and wider in various regions.
People should start buying food supplies while inflation is taking place and start storing those supplies for the next few weeks, and if prices return to normal within a few weeks then inflation can be suppressed.

Inflation has nothing to do with employment as you mention, because the minimum wage does not keep pace with the rise in the prices of basic goods. Inflation cannot be prevented, if basic commodities do not return to normal as usual selling prices, then working no matter how hard is not a solution, because the minimum wage has been set long before inflation occurs. We must be able to emphasize the supply of basic commodities, so that the market returns to normal for the price of these needs.

Even if you earn substantial income you will eventually suffer when your leaders fail in making decisions in joining to sanction Russia. The gas supply in your country will just dry out making the prices sky high.

When gas prices shoots to the moon, every products that needs gas to be able to produced will have sky rocketing prices as well. Crowd going hungry are the crowd that will fight for their right to live.

this has happened in my country... right after the government started to raise the price of oil,, many people started to take to the streets and protest.. because with the rising price of oil this will make transportation costs and many other things increase,, on the other hand people's salaries are not comparable with their cost of living and this causes inflation and many poor people suffer even more

The problem is that it can only be done by a few people with certain skills and cannot involve more people in the same thing. Because everyone has a different job and a different amount of income so it will be very difficult to equate in terms of financial freedom. This is not necessarily because everyone has to continue to work day and night, but about the increase in the prices of goods and services that has kept inflation at bay until now.

Public protests in several countries cannot be avoided. because inflation will indeed trigger riots that continue to peak. Because there will be economic disparities. People with low incomes will be more depressed. because even before inflation they were already depressed with low salaries, so if it is added with inflation that continues to increase where the prices of all kinds of necessities of life continue to increase. and the fact is that in some countries even though inflation continues to rise, employee salaries are not adjusted. so that the salary value becomes lower than before inflation.

Those of you who are still in a country with an inflation rate below 10% I think you can still be said to be lucky because some countries have even experienced inflation with a much higher rate of hundreds of percent. the country is like

1. Lebanon (211 percent in May 2022)
2. Sudan (192 percent in May 2022)
3. Zimbabwe (192 percent in June 2022)
4. Venezuela (167 percent in May 2022)


Of course we imagine how the economic conditions there with inflation rates of up to hundreds of percent. and in these countries public protests have been going on for a long time. but to rise from the economic downturn is really difficult. and requires a long process. and support from other countries. and what is more important is the absence of fraud in the government of a country such as corruption. and the fact that corruption can lead to inflation. and conversely inflation can trigger a higher level of corruption in the government.
even the rich will start to stock up on food and energy so that the stock of food and energy will be more and more limited and make it more scarce. and that triggers the price to rise even higher. which means inflation will get worse.

We have even higher unfortunately, but I also got a good raise based on the inflation as well, the problem wasn't really the inflation for me, it was the fact that it didn't end. If I used to earn 10 amounts and spend 10 amounts, but then inflation happened and now I earn 20 amount and spend 20 amount then it would make sense, that's fine, I am fine with that really.

But, I got 10 and spent 10, then I spent 11 so I earned 11, and then 12 to 12, 13 to 13 and it continues, it doesn't end, it keeps going up. So whatever happened and that's okay, it is in the past, we can't change that and we can't drop the prices 50% suddenly. But at least it should stop, stop going up, just stay around these prices.

The country where I live in is facing worst inflation of its history which is around 45%. The reason is huge rise in fuel & food prices. The cost of living is extremely high, a vast majority of people spend most of their hard earned money on paying electric & gas bills. People are making frequent protests against inflation at public places to express their anger. The government in office has lowest approval rating & it may fall anytime.

The government is not giving much attention to food and the products are all going higher than what it was 5 years ago. Most country's economy is going down eaten by the high inflation and this is caused by misplaced priority in policy making. I think wars are part of the reason for inflation because in Russia and Ukraine fight, there are no maximum production going on there and that can affect much of what other countries need which will be in shortage and the few remaining will be purchased in high price.

That's right, the beginning of the destruction and commotion in a country was caused by Covid. This is justified by the destruction that occurred in the rare Sri Langka. The government and its cabinet ranks must understand the situation in their country and have an appropriate policy in rebuilding and restoring their economy. not by raising the price of goods and tax rates for the lower classes is the same as torturing their own people. I don't care about the various reasons from the cabinets in the government if they can't serve the people in this crisis then they have failed miserably in building their country.

It can be concluded that there were widespread protests due to the increase in the price of goods that were not in accordance with the minimum wage received. Inflation is getting wider due to the absence of state policies regarding the fulfillment of people's rights, stakeholders fail to guarantee food needs and oil prices as necessities.
As a result, inflation is unstoppable and widespread at this time, state policies are not in favor of the people, even worsening the conditions of the countries you mentioned today.

Not really, inflation is just a small part of it, some protests are political, injustices, equality, labor and economic. There wouldn't be a lot of protests if the government is doing their jobs and making the lives of their people easy and hassle free, I wouldn't be ranting or complaining about traffic congestion if there's no traffic congestion right?

The economic crisis can really bring down a country. it is usually the debt-ridden country that will collapse first. for example Sri Lanka. When a country fails to pay its debts, an economic recession will occur. extreme economic crisis will make people suffer. so do not be surprised if the people protest against the government. because a country's failure to pay its debts is usually caused by the government itself being unable to channel and utilize borrowed money in the right way. misappropriation of funds is common due to high levels of corruption. because no matter how rich a country is, if there is a lot of corruption in it, the country will gradually experience an economic decline and eventually go bankrupt.

it started with COVID lock downs that disrupts supply chain.
we're all connected to each other. if one super power declines the ones dependent on it also declines and their currencies also suffers inflation. Ukraine war amplifies the crisis because the sanctions affected everyone from wheat production to gas supply.

protest will really arise when people gets hungry, no jobs and have no money to pay services. we're seeing these to EU countries now.

I am fully convinced that Ukraine war is the root cause of all economic crisis the world is passing though since beginning of 2022 because it created supply chain issues of crude oil & food products which triggered rise in inflation all over the world, Unfortunately this war is not coming to end because neither Russia or Ukraine is winning this war. The people in many countries are protesting because they can not afford to pay their sky rocketing  electricity & gas bills & if inflation is not brought under control then these protests can create massive unrest.

Is there any accurate evidence about it now? because if the issue of war between Ukraine and Russia is certain to have an impact on economic development, especially in the area around Ukraine and Russia. But I don't think that the US played a role in this so that there is a special connection to the events in Sri Lanka and Pakistan. Because Sri Lanka got a disaster through a government that didn't really care about its citizens, while Pakistan got a disaster through the Flood that hit the country of Pakistan. So these are two different things that cause economic development in the two countries to be hampered.

There some protests starting in Bangladesh as well, and it's going to spread wider and further to the other regions of Asia. If in developed regions, like Singapore there are protests, that translates that there's something extraordinary happening in the world. I believe as a safety measure, it's a good suggestion to buy the Bitcoin DIPs, and HODL.

Plus if many of you don't know the severity of inflation in Europe,