I live in a third world country and the price of petrol products and other commodities are 3x that of last year, and I don't think that price will come down anytime soon. Cost of living is fucking expensive now.
Inflation is very high down here which has affected every sector of the market. Getting the money is also another problem because minimum wage has not being increased and people who are earning salaries are really suffering because their monthly salary can no longer take care of their needs. I have a neighbor that quit is job, because of high transportation fee. After he did his calculations and saw that transportation will consume 90% of his salary.
Same here, in my country prices of commodities are 3x, some are 4x that of last year, inflation has affect a lot of countries seriously, the value of our currencies has been declining due to the current economic situation, we are still hoping for disinflation to happen, but the economy is worsen day by day, what some workers spend as transportation fee is greater than what they earn as salary, a lot of people are dieing out of hunger, poors doesn't use their money to purchase things that they need now expect foods stuff and still the money are not enough for them purchase enough food stuffs.
Salaries are not enough to spend and some government are not willing to pay, the inflation that is happening day by day has become unbearable to my country people that they have to protest against the government.
Raising cost of living forces people to work more. Working more hours to buy less makes the rich richer.
It makes the rich richer and also makes the poors to become more poorer, because for instance, after working all the hours to buy less and you fell sick due to strain and ended up at the hospital, the less money you make to feed as to be use for the hospital bill, for you to feed that very moment will become a huge problem to you, what if the money is not up to the amount demanded for the treatment and you only depend on that money, as people works more they deserve to be paid higher, so that the money should be able to feed them enough and also fulfill some of their responsibilities.
The way things are in my country has made most of our youths to start indulging themselves in some kind of illegal activities and our government is not actually doing anything which is why corruption is getting higher each day but we pray that God will always see us through and we will also try our best to survive even when it's not easy.
The reason why corruption is getting higher because those in position are also the ones involved in such crimes. They protect their fellow criminals for a sum of money. Sometimes they are even the ones directly who control such crimes. With how poor the living situation is, people have no choice but to resort to illegal activities and exploitations. Meanwhile The rich gets richer and the poor gets poorer.
Is the current situation we are living in now that is forcing some people to involved themselves in illegal activities like, terrorism, kidnapping, robbery, bribery, corruption, stealing and so on, and government has turn deaf ears about it, because a lot of people that are involved in those act are ordered by rich people and politicians, the law enforcement agencies that supposed to stand up to protect the citizens, defend them, guide them and arrest whoever commit a crime, punish them and correct them so that right of any citizen should not be neglected, are the ones protecting the criminals, because a certain amount of money was given to them to silent them, the inflation is only affecting the poors not the riches.