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Topic: Inflation hitting the world every year (Read 612 times)

full member
Activity: 551
Merit: 100
May 03, 2022, 03:28:34 PM
#99
Inflation is getting serious and the government is not doing anything about it.  It will continue to go high and I am training my self to grow my business so that I will be use to Inflation,  the best thing to do in time like this is make good preparation and set to go with Inflation.
Government do not really make inflation to go down as they never diminish the money supply and they just increase it, so at best what we could see is governments stopping their printing machines for a while and let the economy try to fix itself, but it is difficult what we are going to see something like this as both the pandemic and the war have forced governments to print more money than what the economy can deal with in the short term, causing the high inflation that we are witnessing at the moment.
To prevent higher inflation, the government should not print so much money. if more and more money was printed, this would be fatal to accelerated inflation. The government is only able to provide subsidies to the public to prevent inflation from rising sharply, in addition to eradicating the mafia of smuggling goods which causes a shortage of goods so that the price of expensive goods must also be handled better by the government. There is no natural law that causes inflation, this is a human act who plays for big profits.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
Inflation is getting serious and the government is not doing anything about it.  It will continue to go high and I am training my self to grow my business so that I will be use to Inflation,  the best thing to do in time like this is make good preparation and set to go with Inflation.
Government do not really make inflation to go down as they never diminish the money supply and they just increase it, so at best what we could see is governments stopping their printing machines for a while and let the economy try to fix itself, but it is difficult what we are going to see something like this as both the pandemic and the war have forced governments to print more money than what the economy can deal with in the short term, causing the high inflation that we are witnessing at the moment.
full member
Activity: 700
Merit: 102
April 29, 2022, 12:26:41 PM
#97
Everyone does not want inflation to occur, but over time inflation is unavoidable. Market conditions that from time to time make the price of goods rise, due to scarcity and also the actions of criminals who hoard goods so that demand is greater and after that the price becomes high and they take big profits. Inflation occurs because of human activities, because of greed that makes the economy chaotic. We cannot avoid that saving will also make us lose money, for example inflation. Because prices have skyrocketed, the money we used to think could buy something big is no longer possible.
sr. member
Activity: 1792
Merit: 255
April 28, 2022, 11:07:22 PM
#96
In my opinion, the thing that causes inflation is stock that does not match demand so that prices increase, when prices increase, the central bank will increase the amount of money in circulation in various ways, such as subsidies, or assistance to those in need, this is what keeps the amount of money going increase while the stock is difficult to increase.
full member
Activity: 1736
Merit: 116
April 28, 2022, 06:51:44 PM
#95
I Have been observing the way price of things are going up right from 2013 up till this time , add to  the pandemic in 2019-2020 that caused high level of inflation to the world. Things are getting more expensive everyday both the rich and the poor are complaining of it and it seems the price of things will keep on getting higher.  I'm thinking how will the world cope with inflation in 50 years coming 🤔,  instead of price of things to come down a bit but it keep on rocking higher. I think the best thing to have in mind is to expect more inflation and to prepare how to tackle it in years coming.
While there is fiat, accept that inflation will be here for good, and will always affect those who have no means preventing it. The world's economy is now getting used to it, that is why we will forever suffer the effects on it. But if we will always start taking investments that will somehow lessen the effects of inflation, then its definitely a good solution so we will never suffer the consequences forever. Crypto is the right investment for now, as it always combat inflation.

As long as we are still using fiat there is no way we can avoid the impact of inflation. It's true what you say, we have to accept that inflation
will always be present in our lives. Instead of stressing about how to avoid inflation, it's better for us to face inflation with full preparation.
We have to get used to inflation, so don't let inflation mess up our future. Therefore, what we need to think about is not how to avoid inflation,
but how to deal with inflation. So very lucky for those of us who are familiar with crypto, because investing in crypto is the best solution to deal
with inflation. We can make Bitcoin a retirement plan, then let inflation happen but we still have a bright future with investing in Bitcoin.
Because it is proven that the price of Bitcoin continues to increase every year.
hero member
Activity: 3052
Merit: 606
April 28, 2022, 04:59:30 PM
#94
I Have been observing the way price of things are going up right from 2013 up till this time , add to  the pandemic in 2019-2020 that caused high level of inflation to the world. Things are getting more expensive everyday both the rich and the poor are complaining of it and it seems the price of things will keep on getting higher.  I'm thinking how will the world cope with inflation in 50 years coming 🤔,  instead of price of things to come down a bit but it keep on rocking higher. I think the best thing to have in mind is to expect more inflation and to prepare how to tackle it in years coming.
While there is fiat, accept that inflation will be here for good, and will always affect those who have no means preventing it. The world's economy is now getting used to it, that is why we will forever suffer the effects on it. But if we will always start taking investments that will somehow lessen the effects of inflation, then its definitely a good solution so we will never suffer the consequences forever. Crypto is the right investment for now, as it always combat inflation.
sr. member
Activity: 1722
Merit: 252
April 27, 2022, 10:48:12 PM
#93
Inflation is the most fear of the state, everything is done to overcome inflation, but many countries forget that without good production and distribution, inflation can occur at any time, and the thing that must be done is to make good infrastructure so that an easy distribution process occurs so that can overcome inflation.
hero member
Activity: 3080
Merit: 603
April 27, 2022, 05:53:08 PM
#92
It's not just European countries that are having a hard time getting oil supply. But many other countries in different continents too that don't have oil supply and rely on the importation of it are badly affected too.
Well, that's the reality in an economy. When there's an oil crisis or oil price hike, every single thing in the economy is affected of it and if all of them are increasing in price, there goes inflation.
It can be said that this impact is global and we can see that in each country there is an increase in inflation,
this really concerns everything I think and it's not an easy thing to re-stabilize either,
What's clear is that currently the prices are all going up and we don't know when it will go down again
That's the goal of most countries how, in delaying the huge impact of inflation or defeating it by having only a very low percentage to their country.
As I've read, even those countries that I admire and think are having a good economy already stated that they need to do something on this because their economy is also getting worse.
full member
Activity: 2184
Merit: 184
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April 27, 2022, 06:36:47 AM
#91
Quote
Inflation is getting serious and the government is not doing anything about it.  It will continue to go high and I am training my self to grow my business so that I will be use to Inflation,  the best thing to do in time like this is make good preparation and set to go with Inflation.

I think, governments will act fast to stop this inflation, Russian and Ukraine war has caused to the world economy. Many citizens are going through a lot of hardship in different countries which their governments are not happy about the situation than to do everything possible to end the inflation by engaging the citizens into online business, where they can invest and start earning passive income from their investment. Many people has finally engaged themselves in crypto trading which will enable them to overcome hardship in their communities.
full member
Activity: 700
Merit: 100
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April 26, 2022, 01:32:39 PM
#90
I Have been observing the way price of things are going up right from 2013 up till this time , add to  the pandemic in 2019-2020 that caused high level of inflation to the world. Things are getting more expensive everyday both the rich and the poor are complaining of it and it seems the price of things will keep on getting higher.  I'm thinking how will the world cope with inflation in 50 years coming 🤔,  instead of price of things to come down a bit but it keep on rocking higher. I think the best thing to have in mind is to expect more inflation and to prepare how to tackle it in years coming.

At this time, I do not know a country with a stable economy. More recently, we made predictions about how long covid would last, and now one person has cured the whole world at one point in time. Now all people have forgotten about Covid. Inflation and energy crisis will continue for a very long time and I think the good times are over for everyone.
full member
Activity: 1110
Merit: 104
April 26, 2022, 09:01:00 AM
#89
Inflation is getting serious and the government is not doing anything about it.  It will continue to go high and I am training my self to grow my business so that I will be use to Inflation,  the best thing to do in time like this is make good preparation and set to go with Inflation.
If you're living in a country that does nothing to defeat or slow down the inflation, you really have a bad governance. Within the next elections, vote for those that has a good platform and plans of slowing it down. They cannot defeat it utterly but at least if they do something, the right things of recovery, they'll slow it down and most of you citizens are going to benefit from it. And going with the current world situation, despite the active war of Russia and Ukraine, many are being hit and this is where the government should step on and do something to delay inflation.
inflation occurs every year and is getting worse, especially with the current war, where many European countries are having trouble getting oil so this will affect product prices from European countries, besides fiat currencies are experiencing continuous inflation, therefore to break it we must invest so that the increase in our assets exceeds the existing inflation rate. and there seems to be no solution from the government to get rid of it
It's not just European countries that are having a hard time getting oil supply. But many other countries in different continents too that don't have oil supply and rely on the importation of it are badly affected too.
Well, that's the reality in an economy. When there's an oil crisis or oil price hike, every single thing in the economy is affected of it and if all of them are increasing in price, there goes inflation.
It can be said that this impact is global and we can see that in each country there is an increase in inflation,
this really concerns everything I think and it's not an easy thing to re-stabilize either,
What's clear is that currently the prices are all going up and we don't know when it will go down again
hero member
Activity: 3080
Merit: 603
April 26, 2022, 06:12:46 AM
#88
Inflation is getting serious and the government is not doing anything about it.  It will continue to go high and I am training my self to grow my business so that I will be use to Inflation,  the best thing to do in time like this is make good preparation and set to go with Inflation.
If you're living in a country that does nothing to defeat or slow down the inflation, you really have a bad governance. Within the next elections, vote for those that has a good platform and plans of slowing it down. They cannot defeat it utterly but at least if they do something, the right things of recovery, they'll slow it down and most of you citizens are going to benefit from it. And going with the current world situation, despite the active war of Russia and Ukraine, many are being hit and this is where the government should step on and do something to delay inflation.
inflation occurs every year and is getting worse, especially with the current war, where many European countries are having trouble getting oil so this will affect product prices from European countries, besides fiat currencies are experiencing continuous inflation, therefore to break it we must invest so that the increase in our assets exceeds the existing inflation rate. and there seems to be no solution from the government to get rid of it
It's not just European countries that are having a hard time getting oil supply. But many other countries in different continents too that don't have oil supply and rely on the importation of it are badly affected too.
Well, that's the reality in an economy. When there's an oil crisis or oil price hike, every single thing in the economy is affected of it and if all of them are increasing in price, there goes inflation.
full member
Activity: 1442
Merit: 116
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April 26, 2022, 02:47:11 AM
#87
Inflation is getting serious and the government is not doing anything about it.  It will continue to go high and I am training my self to grow my business so that I will be use to Inflation,  the best thing to do in time like this is make good preparation and set to go with Inflation.
If you're living in a country that does nothing to defeat or slow down the inflation, you really have a bad governance. Within the next elections, vote for those that has a good platform and plans of slowing it down. They cannot defeat it utterly but at least if they do something, the right things of recovery, they'll slow it down and most of you citizens are going to benefit from it. And going with the current world situation, despite the active war of Russia and Ukraine, many are being hit and this is where the government should step on and do something to delay inflation.
inflation occurs every year and is getting worse, especially with the current war, where many European countries are having trouble getting oil so this will affect product prices from European countries, besides fiat currencies are experiencing continuous inflation, therefore to break it we must invest so that the increase in our assets exceeds the existing inflation rate. and there seems to be no solution from the government to get rid of it
hero member
Activity: 3080
Merit: 603
April 25, 2022, 05:35:21 PM
#86
Inflation is getting serious and the government is not doing anything about it.  It will continue to go high and I am training my self to grow my business so that I will be use to Inflation,  the best thing to do in time like this is make good preparation and set to go with Inflation.
If you're living in a country that does nothing to defeat or slow down the inflation, you really have a bad governance. Within the next elections, vote for those that has a good platform and plans of slowing it down. They cannot defeat it utterly but at least if they do something, the right things of recovery, they'll slow it down and most of you citizens are going to benefit from it. And going with the current world situation, despite the active war of Russia and Ukraine, many are being hit and this is where the government should step on and do something to delay inflation.
member
Activity: 318
Merit: 10
April 25, 2022, 05:31:03 PM
#85
Inflation is the depreciation of money. It cannot be undone. We can do a little painless for us. Gold can save money, but It doesn't guarantee income. By raising the price of some goods, we will get a high cost of other goods. This process is very complex and we must be prepared for anything. Every month something happens in the world and it's already starting to upset.
member
Activity: 672
Merit: 16
April 25, 2022, 04:55:18 PM
#84
Inflation is getting serious and the government is not doing anything about it.  It will continue to go high and I am training my self to grow my business so that I will be use to Inflation,  the best thing to do in time like this is make good preparation and set to go with Inflation.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
April 24, 2022, 09:17:08 PM
#83
Many countries should learn from the problem of inflation, it's time for us to use a more stable financial system, and actually what ancient civilizations did, namely only using gold and silver was the right thing, if gold and silver is currently very difficult because of the large amount of stock. limited, the country can make cryptocurrencies with a fixed amount so as to avoid inflation.
Using gold and silver would be one of the easiest things around the world and it will create a very stable system, but that is precisely why politicians do not like it, the inflation tax allows them to tax all your wealth and not only your income, so it is a more effective way of taxation, plus politicians do not have to go through the trouble of raising taxes and they prefer this as trying to raise taxes will create a strong backlash from the public, and when we add that they benefit from an unstable system and it gives them incredible power then it is easy to see why backing a currency with gold and silver is a system that was abandoned long ago.
legendary
Activity: 2660
Merit: 1074
April 24, 2022, 04:32:47 PM
#82
Inflation that occurs in a short time will make the economy chaotic. Prices continued to climb higher, but could not return to normal. Unless the government takes a firm stance to prevent the increase in goods and control inflation. Normal inflation takes decades, as increasing market demand and high wages make the currency face higher as a medium of exchange. Saving money in the bank for a period of 5 to 10 years will cause us losses. Because the nominal is the same, but the purchasing power will be higher in value. To avoid inflation, I prefer to save in crypto or invest similar here.
There has never been a time that saving money in the bank would be useful to us. I have a savings account which I have been using for years now, and steady I do have money saved in it, but over the years I have never seen anything reasonable at all come from it. Rather the bank would even be debiting my account with their monthly charges and the rest of them.

So, savings in the banks Wouldn’t get you anything at all. That’s why we all need investment. Assets such as Bitcoin are very good hedge against inflation. Anyone who is not making investment is really not making a good plans for their future at all.
sr. member
Activity: 1914
Merit: 328
April 24, 2022, 03:20:47 PM
#81
The pandemic brought the worst inflation. it made things to get really worse. But one thing we already have to know is that inflation is nothing new, it has been happening for years. I can even remember that when I was still a young kid that my parents and everyone around me kept complaining about how things were getting expensive and all that, so imagine what they will all think now.

And the inflation is not going to stop, it will still continue, the same way we are complaining right now is the same way that people are still going to continue in the future to complain about inflation. The government are not really doing much about it, so it is up to us to make proper planning on how we can be able to help ourselves.
full member
Activity: 868
Merit: 106
April 21, 2022, 03:50:25 PM
#80
Inflation that occurs in a short time will make the economy chaotic. Prices continued to climb higher, but could not return to normal. Unless the government takes a firm stance to prevent the increase in goods and control inflation. Normal inflation takes decades, as increasing market demand and high wages make the currency face higher as a medium of exchange. Saving money in the bank for a period of 5 to 10 years will cause us losses. Because the nominal is the same, but the purchasing power will be higher in value. To avoid inflation, I prefer to save in crypto or invest similar here.
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