Inflation will never be stopped so aside from thinking about the continuous rise of prices for goods and commodities. What you need to start thinking is about adding more resources and sources of income.
That's the reality on how to tackle with the inflation, you need to keep on adding source of income.
Topic: Inflation hitting the world every year - page 3. (Read 612 times)
In low-income countries, 70% of the population are pore. Their income is very low. In this situation, if the price of daily necessities continues to rise, then this marginalized population will survive or what? Besides, there is a huge war between Russia and Ukraine. This war is going to have a bigger negative impact on the economy.
Rich people are complaining for almost everything going up so whats more for the poor? Its really a burden. They're the ones who are greatly affected of this inflation. Having a low income, no increase in the salary but the essential needs to survive everyday are expensive, resulting to poor get poorer. Thats why people need to work harder to get a decent salary, if you're capable to work more than one job that would be even better. Its the solution to cope in this kind of situation. 
There won't be a pandemic continuously happening in the next 50 years, so expect that things will start to recover as soon as the COVID-19 pandemic is completely gone. Unfortunately, though, there is the Russian invasion of Ukraine which rocked the prices even more. The timing is really bad. I hope this won't last long.
As far as inflation is concerned in general, though, things are already designed for it. We don't need to tackle it as if it is an uncommon phenomenon. But let's not commit the mistake of saving too much in fiat as the interest in banks is normally lower than the inflation rate. Well, at least we have Bitcoin as a saving alternative.
As far as inflation is concerned in general, though, things are already designed for it. We don't need to tackle it as if it is an uncommon phenomenon. But let's not commit the mistake of saving too much in fiat as the interest in banks is normally lower than the inflation rate. Well, at least we have Bitcoin as a saving alternative.
I think that inflation at the world level is increasing, even in the US economy it is evident, I have put on many occasions the case of a country like Colombia where inflation is eating it up every time, the latest figures were above of 8%, which has caused great alarm, and the government does not know how to stop this, however, they are talking and considering that an eventual government focused on socialism may come to Colombia, which for many is seen as the solution, but what they don't know is that it is the abyss for this country if they fall into the trap, I think that if this happens in their systems as a country, inflation will be uncontrollable.
Inflation is now one of the biggest problems in the world. The rate of inflation is increasing day by day so much that it has now reached alarming levels. Even we the economically strong country the United States suffers from it.
Left out the rich countries, Countries that are financially underdeveloped or developing have created a more dire situation of inflation.
In low-income countries, 70% of the population are pore. Their income is very low. In this situation, if the price of daily necessities continues to rise, then this marginalized population will survive or what? Besides, there is a huge war between Russia and Ukraine. This war is going to have a bigger negative impact on the economy.
I think that inflation at the world level is increasing, even in the US economy it is evident, I have put on many occasions the case of a country like Colombia where inflation is eating it up every time, the latest figures were above of 8%, which has caused great alarm, and the government does not know how to stop this, however, they are talking and considering that an eventual government focused on socialism may come to Colombia, which for many is seen as the solution, but what they don't know is that it is the abyss for this country if they fall into the trap, I think that if this happens in their systems as a country, inflation will be uncontrollable.
I do understand the governments a bit. I mean if they didn't printed money and gave away to people, how would people survive this situation? We had soooo many people unemployed and not being capable of paying even rent, let alone groceries and many other things. Governments needed to help both the companies and the workers in order to keep the world going until they get back to work. This wasn't really like years, it was just few months in between during a 2 year period. This is why I do understand it because there was no other solution. However, with companies still making billions upon billions of profit during this time, it could had a "pandemic tax" for any company that made over a billion dollars in profit. Just to keep it going for a while, it would have been deleted, not a tax that would stay forever, already be gone right now for example, just to help off-set some of the costs. I can't think of any other idea aside from pandemic tax on the wealthy, and printing money, those are the only two that comes to my mind. It hurts us when you look at the inflation, but even though it was a bad thing, it was a thing we needed for sure.
Inflation is a result of high cost of production and scarcity of raw materials. Fiat exchange rate in the international market too is also a key player and happens mostly when a country depends solely on importations with less or no domestic production and very low exportation rate. The only way Inflation can be managed is if there is alternatives to raw materials and well equipped production with minimal or no exportation. But many countries keep depending on other countries for survival and so inflation will be unavoidable
Those are without a doubts factors that affect inflation and that make it higher, however that inflation is transitory, as you said if the country where you live found a way to resolve those issues long term then the price of stuff will go down as their production and transportation costs will go down as well, however inflation is also produced when governments, central banks and regular banks print money, and what we have seen since the pandemic began? Governments printing a lot of money to pay for all their expenses instead of raising taxes as that is unpopular and not as effective. 
The destruction of nature and the occurrence of landslides, earthquakes and inflation, are actually not the result of nature, but man-made themselves, they created nuclear and sophisticated weapons then they experimented with other countries, and destroyed the economies of other countries, so that inflation occurs, it's a shame after they created sophisticated nuclear weapons, then they looked for enemies, to be able to destroy other countries, so that the economies of the warring countries weakened, and they could freely control the countries they were fighting.
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.
2013 is the year I graduated from college and was earning pennies for my self only. I am not aware of that time about inflation. I was spending like there are no tomorrow then it was the moment when I got married and had kids that this things kicks in my mind. Had to keep up with the current economy, it will get worst, people are reproducing and the resources in the world are scarce so this would be expected to happen. Food's demand will keep on rising along with it's price, so the best we can do is prepare for it and be ready. Unless there will be another pandemic greater than before, or world war is coming to lessen the population of the world. Hopefully nothing about people getting killed massively going to happen just to cover up the population's needs.
Opportunity does not come to all of us, and I know that the economic crisis will make the rich richer and the poor poorer. After a long period of suffering from the impact of the pandemic, I believe that many people are realizing the opportunities and making safe decisions for themselves. There are many things that are really difficult to describe when I also feel the cost of living is increasing and making money is not easy if you do not have a good skill in technology and industry. career pursued.
Pandemic allowed poor people to become a bit richer as well if they knew what they were doing. Imagine yourself getting poorer at the start of the pandemic, it took us 2 years right now to get to a semi-normal life, if you didn't lose your job, and you got some help from the governments, you could have put all of that into crypto and we had one of the all time best increases in all of bitcoin history, and that would have made you a bit richer, you could have bought something that could have made you even richer with that, like some land and put some RV park on top of it and rent it out.These are just examples of course, you do not have to do them, just the fact that it was possible, but we didn't shows that not everyone can take these risks. Instead they buy the new iphone, or a new TV.
with unlimited supply and easinest to print money, fiat actually be main cause why we often facing financial crisis. Buble, inflation be main effect from money printing, as if everything will break and reset to zero for normalization. this differences will lead cryptocurrency price shift fiat one day, and now adoption need to spreaded aroung the world , so while financial market crash and central bank could not print money again, cryptocurrency could be this solution
The unlimited supply is the problem, we all joked about Zimbabwe dollars and how they were worth less than toilet paper for decades. Nowadays we are getting closer to that to be fair, I mean not many nations are that bad, but we are getting there. It is not even about money anymore, it is about not being able to buy some things.Things are getting so out of hand and so expensive that even though it requires a lot of money to buy them, we do not have that kind of money even though so much was printed. That money goes directly to banks and rich people, and the regular citizens are having harder and harder time to survive their regular life.
Inflation is unavoidable now especially in my country. The government seems unable to solve long-term problems that make it difficult for the community. Economic stability is very uncertain and at the same time the government is also forcing people to accept this reality as something natural.
I don't know what to say, taxes go up, fuel prices go up, basic necessities are expensive and almost all goods go up. During this year I have to pay electricity costs 2x more than last year, even though the power consumption is the same, it doesn't make sense where people are victims.
I don't know what to say, taxes go up, fuel prices go up, basic necessities are expensive and almost all goods go up. During this year I have to pay electricity costs 2x more than last year, even though the power consumption is the same, it doesn't make sense where people are victims.
Your country isn't special, it's something that happens to all countries! The Covid crisis looks like a mild cold now, and everyone was so scared, what is happening now is just the culmination of everything caused by the war between East and West, to put it mildly! And the forecasts of some analysts are not great at all, hard days are yet to come!
In my country, everything has become more expensive, and they are just announcing price increases! Some politicians are trying to scare the people and people are piling up some products which create shortages and additional panic! The world is going crazy definitely!
I am not sure what's happening, but I guess it has to hit a bottom before it gets good! So maybe this system should collapse finally so we people can start something better, for sure that's the only way for the world to see a better tomorrow for all the people of this world, not just some!
Inflation is unavoidable now especially in my country. The government seems unable to solve long-term problems that make it difficult for the community. Economic stability is very uncertain and at the same time the government is also forcing people to accept this reality as something natural.
I don't know what to say, taxes go up, fuel prices go up, basic necessities are expensive and almost all goods go up. During this year I have to pay electricity costs 2x more than last year, even though the power consumption is the same, it doesn't make sense where people are victims.
I don't know what to say, taxes go up, fuel prices go up, basic necessities are expensive and almost all goods go up. During this year I have to pay electricity costs 2x more than last year, even though the power consumption is the same, it doesn't make sense where people are victims.
Inflation is a serious problem from fiat, countries are too free to print money regardless of whether the supply of goods or production increases or not, inflation will continue to occur even though the government tries to carry out many policies, and the presence of cryptocurrencies that have limited stocks make prices more stable and continue to rise. if demand in the market continues to rise.
with unlimited supply and easinest to print money, fiat actually be main cause why we often facing financial crisis. Buble, inflation be main effect from money printing, as if everything will break and reset to zero for normalization. this differences will lead cryptocurrency price shift fiat one day, and now adoption need to spreaded aroung the world , so while financial market crash and central bank could not print money again, cryptocurrency could be this solution 
Inflation is a serious problem from fiat, countries are too free to print money regardless of whether the supply of goods or production increases or not, inflation will continue to occur even though the government tries to carry out many policies, and the presence of cryptocurrencies that have limited stocks make prices more stable and continue to rise. if demand in the market continues to rise.
Opportunity does not come to all of us, and I know that the economic crisis will make the rich richer and the poor poorer. After a long period of suffering from the impact of the pandemic, I believe that many people are realizing the opportunities and making safe decisions for themselves. There are many things that are really difficult to describe when I also feel the cost of living is increasing and making money is not easy if you do not have a good skill in technology and industry. career pursued.
Help stop that current cycle by, Buying the Bitcoin Dip and HODL. You're not just giving yourself a hedge, you're also weakening the cabal's political/financial stronghold which has been happening for years. Plus you might also be creating your own opportunties in case Bitcoin surges to six digits. Or maybe seven?
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.
That is the way the system is built, there is inflation every single year as economists believe this is good for the economy, what they do not tell you is that there are periods of time when the inflation is much higher than anticipated which makes your fiat to lose a significant portion of its purchase value, and that is not the worst part, there are times in which inflation goes completely out of control and the economy of a country collapses, something we have seen happening to many countries around the world during the last five decades in which the current economic system has been in place.
Inflation is everywhere and has become a special concern in society. I have seen so many economic problems in my country and inflation is one of the topics that is constantly discussed among the people and the government.
Unstable financial conditions due to various problems, especially during the covid period, made most people suffer. I almost decided to quit smoking during this month as the price keeps going up every week. The most unfortunate thing is that the government has not fully succeeded in preventing or successfully dealing with it. I feel the currency value is really not worth the stuff we get now. Control was expected, but didn't really work.
Unstable financial conditions due to various problems, especially during the covid period, made most people suffer. I almost decided to quit smoking during this month as the price keeps going up every week. The most unfortunate thing is that the government has not fully succeeded in preventing or successfully dealing with it. I feel the currency value is really not worth the stuff we get now. Control was expected, but didn't really work.
Opportunity does not come to all of us, and I know that the economic crisis will make the rich richer and the poor poorer. After a long period of suffering from the impact of the pandemic, I believe that many people are realizing the opportunities and making safe decisions for themselves. There are many things that are really difficult to describe when I also feel the cost of living is increasing and making money is not easy if you do not have a good skill in technology and industry. career pursued.
Lots of factors contribute to the inflation occuring and the government need to take some drastic control measures to curtail it from affecting the economy into recession, i have few points of concern needed to give a crucial attention to:
1. A country should take a population census of all its citizens
2. Analyze the Growth of Domestic Product within a certain period
3. Know the rate of unemployment among youths
4. Create a National Poverty Eradication Program
5. Effectively manage price control of commodities
I understand we all can not be equal in a community as some tend to be richer than others but the margin shouldn't be too obvious that an average citizen can not afford a living.
And we might not see that time again when most prices for goods have been stagnant. This time, there's no other direction but just to keep going up and high.
Inflation really is going up when several factors have been contributing to it. Just like the war and its results of having economy sanctions and high prices in oil.
Also, the latest news about Saudi Aramco. These factors that are related to oil is one of the big reason why inflation is rising. The domino effect goes on.
Ouch, too bad but they will always be remembered in our hearts. At some point I am having a nostalgia trip and one of it was the old prices of the goods. It always make me amazed when I compare the old prices to today's prices. People must have an idea that prices are only going up so they better save up and prepare for their future. Investing money in cryptocurrencies can help fight the effects of the inflation.Inflation really is going up when several factors have been contributing to it. Just like the war and its results of having economy sanctions and high prices in oil.
Also, the latest news about Saudi Aramco. These factors that are related to oil is one of the big reason why inflation is rising. The domino effect goes on.
The biggest one that is affected by the inflation is the oil because it rose too much. People can't help but complain much because they also need it for their daily lives but there are some right now that inventing an oil alternative.
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