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.
Topic: Inflation hitting the world every year (Read 616 times)
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. 
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.
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.
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.
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. 
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.
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,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.
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
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.
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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.
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.
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.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.
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
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.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.
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 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 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.
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.
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. 
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.
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.
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.
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.
Although inflation is unavoidable but you don't need to get problem with that as long as you have multiple source of income for sure you will not get any headaches towards this issues. Also make sure to elect the official who have political will since they will help their citizens to conquer those problems unlike with those corrupt officials where the only concern is to make their pocket full and didn't care about critical issues which can make the life of their citizens more harder.
From government data the inflation in my country is around 8% per year, but the fact that I get is the price of basic necessities has increased more than 15% in the current year, this proves that inflation is a big problem that can make many people poor and difficult to survive.
After the first coronavirus get into world,most of the country facing huge inflations.Even America,China had faced some how influential inflation.Now the wars tooks play of corona,so huge economy crisis in most of developing nations.The cost price for the food is huge that many Ukraine new country,the still support Ukraine.But they are very small country with huge spririt of the nation.
two main reason that become main inflation trigger around the world now, commodity supply to europe which most come from Russian stopped due invation sanction. no supply meanwhile demand increase make commodity price will increase , oil and food commodity be an example of this.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.
no stable financial system could guarantee inflation will stopped as long as there is no supply to commodity that needed by most countries, or if government keep printing fiat everyday. even with bitcoin or cryptocurrency builded ,its not enough to stop inflation rate.
Inflation or a decrease in the value of money occurs because of 2 things, namely the amount or stock and demand, when there is too much money stock while the circulation of money is very slow then inflation will certainly occur, and the country of zimbabwe is a country that has the biggest inflation problem in history due to buying A kilo of eggs takes more paper money than a basket.
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.
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.
Bitcoin could be used as a defensive strategy to tackle inflation. But the problem is there is not enough bitcoin in circulation so that everybody will get a chance to brace for the impact of the upcoming economical disaster. A low circulation supply means a high chance of financial growth of bitcoin and a raise in PPP. But it also creates a challenging environment for the middle class and poor to acquire bitcoin.
On the other hand, many big companies are accumulating bitcoin, which will give them unchallenged power over people, which could be a reason behind instability because companies will fight each other for total control of the market.
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After the first coronavirus get into world,most of the country facing huge inflations.Even America,China had faced some how influential inflation.Now the wars tooks play of corona,so huge economy crisis in most of developing nations.The cost price for the food is huge that many Ukraine new country,the still support Ukraine.But they are very small country with huge spririt of the nation.
I think, many countries are fully ready to eliminate this inflation that is affecting their economy and their citizens. I believe many countries are preparing to print more money to end this inflation from their various countries, so that it will enable people to live well comfortably with their families without experiencing inflation in their land. Any moment from now the price of food stuffs will definitely decrease because many countries are fully ready to legalized bitcoin in their various countries to fully prepared to join other countries that made bitcoin legalized in their countries to eliminate inflation from the world economy.
Maybe countries that have gold and silver coins like those in Arab countries that have never heard of inflation, of course this is a problem of paper money that makes the government free to print money as desired without ever seeing the amount of stock and demand, inflation will continue if the state does not care with 2 things, namely stock and demand.
You raise some good points. It’s entirely possible that inflation is here to stay for more years to come. I sure hope that’s not the case. For the last decade inflation was hovering around about a half percent, now all of a sudden it’s on average somewhere between eight and nine percent, that’s just insane. This is certainly going to cause some issues long term. Many people who need money to pay for these extra inflation charges are going to end up saving less and making the retirement class all the more not ready.
Along with the recovery of economies after the great impact of the pandemic, inflation has increased sharply in many countries around the world, reaching multi-year records. The cost of living, food, energy and goods are all higher than usual. Most major central banks remain confident that any increase in inflation will be temporary and easily tame without significant policy tightening. However, the widespread commodity price increase is not just a passing moment and many things are becoming more difficult to control.
Around the world the economic conditions were worse. Based on the systematic approach it takes atleast 8 years to experience the disturbed economy to be rectified. Everything started with covid-19, and the impact hasn't got over yet. After a long things got settled around, but once again in the Chinese State complete lockdown have been announced. Once again anytime old lockdowns can affect the economy. However these lockdowns have made people go digital and so more people from third world countries have changed their lives.
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.
The world system of money circulation connected the whole world like a cobweb. Inflation spreads to all countries and countries with weak economies are the first to suffer from it, which have a large share of imports. Wages can't keep up with rising commodity prices. In order not to feel the need, it is necessary to have investments in the form of shares or real estate. Such real assets grow with inflation and their value will always be real in the market. The situation is not always equally unstable and I think you just need to survive this difficult time.
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.
Covid-19 might be gone, however, there's no guarantee that a new infectious disease doesn't appear in the upcoming years. Overpopulation, poor hygiene in several parts of the world, pollution, globalization are some possible causes for such diseases. Let's take into account that the Spanish Flu was spread throughout the world due to mass transportation of soldiers, while the terrible living conditions during the war may have contributed to the emergence of such an infectious disease, which quickly turned into a pandemic.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.
And the fact that this pandemic is not yet over because of the new variants coming up. However, it seems that this will be considered endemic to us very soon. And now, with the event of Russian war. Another reason why inflation is keeping at bay. I believe, we can't escape from this situation but just do our part to survive these days. We can't rely from our government's help but need to look for our options on how to look for additional sources to make a living.
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.
Covid-19 might be gone, however, there's no guarantee that a new infectious disease doesn't appear in the upcoming years. Overpopulation, poor hygiene in several parts of the world, pollution, globalization are some possible causes for such diseases. Let's take into account that the Spanish Flu was spread throughout the world due to mass transportation of soldiers, while the terrible living conditions during the war may have contributed to the emergence of such an infectious disease, which quickly turned into a pandemic.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.
After the first coronavirus get into world,most of the country facing huge inflations.Even America,China had faced some how influential inflation.Now the wars tooks play of corona,so huge economy crisis in most of developing nations.The cost price for the food is huge that many Ukraine new country,the still support Ukraine.But they are very small country with huge spririt of the nation.
The standard for prices many years ago was deflation and people immediately think this equates to losses when it just means the prices on average fell. The reason that happened is the monetary standard was fixed and not mass produced to serve debt obligations of the issuing government, this was a reality for many decades.
IF your money was worth more every year it means even the normal people become richer, the common working class are better off; imagine that impossible reality now and it does explain why many struggle even those families with 2 people working are not doing well in supposedly rich countries which makes little sense.
Commodities are going to boom over the next decade, the world requires these resource and like an auction the price is going to be bid up continually.
IF your money was worth more every year it means even the normal people become richer, the common working class are better off; imagine that impossible reality now and it does explain why many struggle even those families with 2 people working are not doing well in supposedly rich countries which makes little sense.
Commodities are going to boom over the next decade, the world requires these resource and like an auction the price is going to be bid up continually.
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.
Well really to build all those weapons and all that potential comes from the taxes that people pay, rather the whole system is corrupt because the rulers themselves are the ones who want more things and more money, that is why they resort to doing various solutions thinking about their particular economy and not theirs, for this reason there is the printing of cash bills and local currency devaluations, which is what gives them liquidity.This is a big problem that has always existed, that is why the traditional economy has many flaws and vulnerabilities, inflation is the Achilles heel of the traditional economy, it will always be like this.
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.
Covid-19 might be gone, however, there's no guarantee that a new infectious disease doesn't appear in the upcoming years. Overpopulation, poor hygiene in several parts of the world, pollution, globalization are some possible causes for such diseases. Let's take into account that the Spanish Flu was spread throughout the world due to mass transportation of soldiers, while the terrible living conditions during the war may have contributed to the emergence of such an infectious disease, which quickly turned into a pandemic. 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 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 will continue to occur anywhere, this is because the central bank does not have tight control over the money in circulation, if the country needs money, the central bank will print money according to demand, this is what makes the amount of money always increase and makes inflation happen anytime and anywhere in the world. the whole world.
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.
That's the reality on how to tackle with the inflation, you need to keep on adding source of income.
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.
It is normal things can't be the same , price of things must go high. Their was never a time when price of things has been stagnant for a long time. Inflation some how shows that the economy is kind of growing.
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.
Ofcourse
That is natural.
Inflation does increase the price every year of the utilities and other essential things like the food and drinks and that's something that you cannot deny, the world is ever changing and therefore at the end of the day it's essential to respect that, what we should be scared of is *over inflation* which is when the inflation goes beyond 1% -2% , it does not just systemically increase the price but at the same time it causes problems for the people who are living in that country. It's not really going to balance itself out if they don't increase the salary as well, which we do not see happening eventually causing disruption and loss of jobs, worker's protests and other things.
Government needs to balance it, printing the right amount of money and increasing the wages accordingly. Providing new jobs according to the sectors and then making sure that the development goes in order.
That is natural.
Inflation does increase the price every year of the utilities and other essential things like the food and drinks and that's something that you cannot deny, the world is ever changing and therefore at the end of the day it's essential to respect that, what we should be scared of is *over inflation* which is when the inflation goes beyond 1% -2% , it does not just systemically increase the price but at the same time it causes problems for the people who are living in that country. It's not really going to balance itself out if they don't increase the salary as well, which we do not see happening eventually causing disruption and loss of jobs, worker's protests and other things.
Government needs to balance it, printing the right amount of money and increasing the wages accordingly. Providing new jobs according to the sectors and then making sure that the development goes in order.
There are many causes of inflation in every country but basically because of the declining economic growth caused by human growth and the difficulty of employment this will continue to occur considering the value of an item from year to year has increased which is not in accordance with the development of the economic welfare of the community.
So if you want inflation to be controlled, a country must be able to grow the community's economy so that it can progress one of them is imitating countries that apply blockchain and crypto technology to support the domestic economy industry
So if you want inflation to be controlled, a country must be able to grow the community's economy so that it can progress one of them is imitating countries that apply blockchain and crypto technology to support the domestic economy industry
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.
Yes, we feel that the cost of living is increasing and making money is getting more and more difficult. to be precise, it is not getting more difficult, but we are the only ones who have not been able to adapt to the times. many people are suffering from this inflation, and increasing poverty is getting higher, because many of us are experiencing economic pressures in life, so a lot of us are seeing higher crime rates. Until when will inflation continue to suffocate the lower classes, there should be a new system that can prevent inflation. 
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.
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This has been the problem since then, no one can stop inflation and we should deal with this. The government should already understand that every year, the price continues to rise and could result to a higher inflation especially if they didn’t do something to slower it. That’s why its advisable to invest our money to beat inflation, we should not save it on a bank, better to let your money work for you.
Disagree with you, because government can stop inflation not to occur or spread in the land by demanding for more money from the central bank and creating a good environment for crypto users in the country. It is the responsibility of the government to fight inflation immediately before it will reduce the citizens and country economy to zero level in the country.
That doesn't make sense. "Demanding more money" from the Central Bank/Federal Reserve literally suggests more money printing and the expansion of the money supply. It's literally QE. The Federal Reserve can only stop inflation by raising interest rates, reduction of the balance sheet through Quantitative Tightening, which will also crash the economy.
But will the cabal crash the economy? I believe they won't. Especially not with the narrative changes they expect everyone to believe every four months.
HODL Bitcoin, prepare for hyperinflation.
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This has been the problem since then, no one can stop inflation and we should deal with this. The government should already understand that every year, the price continues to rise and could result to a higher inflation especially if they didn’t do something to slower it. That’s why its advisable to invest our money to beat inflation, we should not save it on a bank, better to let your money work for you.
Disagree with you, because government can stop inflation not to occur or spread in the land by demanding for more money from the central bank and creating a good environment for crypto users in the country. It is the responsibility of the government to fight inflation immediately before it will reduce the citizens and country economy to zero level in the country.
Since the government has legalized decentralized currency into the country, it will be favourable to citizens to more active in crypto investment than fiat investment because of what happened during the pandemic that made many people not to achieve good income from their bank because of the money that was devalue during the pandemic period.
It’s getting pretty bad. I remember shopping a year back for certain items which were $2, and now they are like $3.50 or so.
My electricity bill is exactly double with the exact same usage. Gasoline is probably surpringly the lowest inflated because it only seems like 20% higher than a few years back.
However everything else is just getting way out of hand. Can’t buy groceries anymore for less than $100 these days pretty much.
My electricity bill is exactly double with the exact same usage. Gasoline is probably surpringly the lowest inflated because it only seems like 20% higher than a few years back.
However everything else is just getting way out of hand. Can’t buy groceries anymore for less than $100 these days pretty much.
It is normal things can't be the same , price of things must go high. Their was never a time when price of things has been stagnant for a long time. Inflation some how shows that the economy is kind of growing.
Inflation will always exist and increase, and inflation in the economy is mandatory as long as it is not too high, the increase in the price of goods shows that the demand side is still high, economic growth and people's purchasing power is still growing.
This means that the increase in the price of goods is caused by an increase in demand, an increase in the price of this type of goods is good for producers. This also means that the economy moves faster because of people's purchasing power, if people's purchasing power increases, it means that the country's economic growth can also increase.
and the occurrence of inflation will also adjust and compensate as a whole and not stagnate.
This means that the increase in the price of goods is caused by an increase in demand, an increase in the price of this type of goods is good for producers. This also means that the economy moves faster because of people's purchasing power, if people's purchasing power increases, it means that the country's economic growth can also increase.
and the occurrence of inflation will also adjust and compensate as a whole and not stagnate.
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.
Cryptocurrencies are well suited to fighting inflation. It is no secret that money is printed at high speed and is not backed by anything. Many stock market companies are already switching to cryptocurrencies to preserve the value of their assets. Even though the Fed has phased out its bailout and stimulus program for the economy and businesses, in the not too distant future it may resume and money will start to lose value again. This has been happening on a slightly different scale lately than before. Primarily because of COVID. The next time the printer may start to accelerate because of the crisis against the backdrop of a tense geopolitical situation.
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.
Inflation is inevitable.This is the reality just like taxes, no one can stop its existence. Let's just embrace and be prepared to face it through having multiple sources of income and be wise in spending money.
If you're usually a person that spends on some stuff that you don't really need then it's now time to be practical and live frugally.
And for sure cryptocurrency shouldn’t be the only thing that we are into, we can as well have a business or a job (but it’s best to be self employed if you can) and making sure that we are generating income from different sources.
Having different income source will really take away the burden of inflation from us because having such then you can solve your financial situation or problem without really looking at the inflation. The problem is with government and not individual that are selling goods but if you have multiple sources of generating money, you won't feel the heat of inflation even where it is high in the country because if there is inflation you will purchase little for big sum of money but alternative source of income help to reduce the effect on your pocket.
Inflation is real and is gere to stay even after we are long gone. I pity the next generations to come though. Anyway, knowledge is power, and inflation wouldn't be that much of a scary problem for anyone who knows how to diversify assets. And I don't mean just crypto currency. If you only see crypto currency as the only solution to inflation, then you're fcked. You need to read more then. I just hope that people would be more aware with the wide variety of ways to protect themselves from the inevitable inflation problems.
Inflation is nothing new at all, it has been happening for long. But one thing for sure is that people has always survived it and they will continue to survive it no matter what. It’s not like if there was no inflation that everyone will be rich. Even if there is nothing like inflation, there are still going to be poor. People who know the right choices to make and invest wisely will always be the ones to get rich.And for sure cryptocurrency shouldn’t be the only thing that we are into, we can as well have a business or a job (but it’s best to be self employed if you can) and making sure that we are generating income from different sources.
Prices going up for the things and we ending up in the inflation is entirely different aspect. If you saying xyz cost more than usual may be 3-4-5% hikes in the rates every year then I am not surprised because thats how the costs go up due to changes in the taxations, raw material costs going up etc. Now that is called as gain in the costs due to demand and pricey supply chain.
However, inflation is like things getting flooded with heavy cost. May be price hike of more than 10-20 or higher % gain in EA. This is not because of raw material getting costly but this is because money getting devalued for unit prices.
I think thats simplest explanation of it. Moreover, in the first case, our salaries, business capital gains etc also rise. We call it as Salary hikes, to compensate the financial balance.
However, inflation is like things getting flooded with heavy cost. May be price hike of more than 10-20 or higher % gain in EA. This is not because of raw material getting costly but this is because money getting devalued for unit prices.
I think thats simplest explanation of it. Moreover, in the first case, our salaries, business capital gains etc also rise. We call it as Salary hikes, to compensate the financial balance.
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.
And that is why we need bitcoin to hedge against this inflation. Some even say that it is better than gold. No "printing" (mining) extra bitcoins like you can do with fiat. There is a fixed supply of bitcoin unlike fiat whose supply can be manipulated whenever the government wants. Holding fiat gives you nothing, but holding bitcoin give you gains in the long run. And most importantly, bitcoin isn't tied to any economy, currency, government or country. Hence, any bad affects on any of those thing will just cause a short term effect on bitcoin, but in the long term, it will remain unaffected by those factors. 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.
Some natural inflation is quite normal and expected, and the average person will certainly not feel it too much on his skin if his government adjusts wages to rising inflation. Some 10 years ago, the price of 1 kg of bananas in my country was about 0.7 EUR, today it is about 1.4 EUR, which means that it has doubled - but the average salary has more than doubled, so no one complains about the price of bananas.
The problem is when the price literally jumps by 100% overnight, so the price of 1 liter of sunflower oil is now just under 3 EUR, and until recently it was half as low. No country can solve this problem in the short term, which means that purchasing power is drastically reduced, and people have to give up a lot of things to survive. The pandemic and economic policies of most countries of the world are paying off, and on top of all that, Russia's aggression against Ukraine is making the situation even worse.
I'm not a pessimistic person, but hard days are ahead of us - luckily for those who were intelligent enough to invest in Bitcoin, things will still be a little easier than for the average man who is completely addicted to fiat.
There's nothing natural about inflation. Central banks purposefully use inflation to keep currency in circulation in order to control economic activity. The banks target it at 2 percent, or so we're told. The reality is that endless printing results in the inflation rate much higher than what they target. The normal supply and demand model shouldn't be influenced by the total money supply (at least that would be a problem Bitcoin would solve). The pandemic suppressed the supply, but demand increased when most governments decided to close up their economies and stimulate them artificially by printing currency.
This has been the problem since then, no one can stop inflation and we should deal with this. The government should already understand that every year, the price continues to rise and could result to a higher inflation especially if they didn’t do something to slower it. That’s why its advisable to invest our money to beat inflation, we should not save it on a bank, better to let your money work for you.
it will definitely shake everyone, because of the pandemic that affected world economy some years ago. Many government are trying their possible best to stop the inflation not to shake their citizens and economy for future. This global change in world politics and economics will really help people to learn so many things from the past inflation that occurred during the lockdown that took over one years and some months to enable the government to have a good plan ahead. People has reduced their expenditure, since this global change in world politics and economics has occurred which is really helping them to economize the resources to sustain through out the economy situation.
When the whole world stopped for 2 years, recovering from that will not be easy at all. People were basically paid to stay at home and not work which we all know can't happen and wouldn't help. This was the main reason why inflation happened. Now we are in a world where everyone is back at their work, but the world got a lot more expensive because of the free money people needed, they did needed that so it wasn't a wrong move, but that just created some inflation.Companies are not suddenly making more, sure there are some but not all, and they can't pay people according to the new inflation since they are not making that kind of profit.
Yea, you’re right and that worries me at times. Things are getting expensive and it seems like nothing is being done about it at all. What are we going to do about it this situation that seems to have no solution at all?
For those of us who are already part of the cryptocurrency community, we have bitcoin and we can invest in it as a hedge against inflation, what about other people who don’t know about Bitcoin or they don’t have any clue about investment in any asset at all? They will be stuck with Fiat that will keep on losing its value all the time. It’s very important to have a good job or business at this time.
For those of us who are already part of the cryptocurrency community, we have bitcoin and we can invest in it as a hedge against inflation, what about other people who don’t know about Bitcoin or they don’t have any clue about investment in any asset at all? They will be stuck with Fiat that will keep on losing its value all the time. It’s very important to have a good job or business at this time.
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I think in the coming years everyone will be shaking a lot. Now there is a global change in world politics and economics, and this will affect everyone without exception. Perhaps we do not need to make sudden movements and large expenditures of money now. It will take some time for the situation to stabilize. There is a possibility that it will take several years, but we have no other choice.
Yes, it will definitely shake everyone, because of the pandemic that affected world economy some years ago. Many government are trying their possible best to stop the inflation not to shake their citizens and economy for future. This global change in world politics and economics will really help people to learn so many things from the past inflation that occurred during the lockdown that took over one years and some months to enable the government to have a good plan ahead. People has reduced their expenditure, since this global change in world politics and economics has occurred which is really helping them to economize the resources to sustain through out the economy situation.
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's the role of the government to be able to improve the welfare of their citizens.. if the income of a citizen increases every year, this can solve this inflation problem, but if not, this will actually be a new problem for the country
inflation will not be avoided by fiat currency. every year will certainly increase. but we are lucky to be able to save our fiat currency into bitcoin, so this can anticipate rising inflation that is increasing. actually there are some other investments such as property that can anticipate inflation, but they require large funds, unlike bitcoin, which no matter how much money we have can be saved
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
The thing is inflation is something that was man-made. Pretty sure having inflation is actually good for the economy, and not exactly something that would damage us. Just that I think the government hasn't exactly been dealing with the inflation properly, and well there's also the stuff that's been happening in the past few years, from the pandemic to the war and probably a lot more issues that I'm not familiar of that affected the current state of the economy.
The best option would be to use safe assets to keep the value of your assets safe, the usual stuff most people say. Basically invest in Bitcoin.
The best option would be to use safe assets to keep the value of your assets safe, the usual stuff most people say. Basically invest in Bitcoin.
First of all, inflation is just how fiat works. A 5% inflation rate is considered healthy to motivate people to spend their money (knowing that in the future they'll be able to buy less with the same amount of money is supposed to motivate consumers). Secondly, it's been a bad few years. 2020-2021 were hit by the pandemic, and 2022 is still somewhat affected by it. Then there's also the Russian war against Ukraine which affects perception of geopolitical stability, and sanctions as well as businesses pulling out from Russia will affect global economy (as well as Ukraine's inability to export key products like grains and oil to developing countries which rely on it). And yes, expecting inflation and expecting it to get worse is reasonable. Luckily, there are cryptos with limited supply which are not susceptible to inflation.
I will open you a secret, prices were increasing long ago 2013. I think whole my entire life every one around was hit by inflation. Anyone able to name a country where deflation was more than a year? The world develops so quickly, so many things are on demand, people need more and more money for their wishes, no wonder there is always an inflation.
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.
Inflation is a core ingredient on how the current economic model is understood, after all if you take a look at how much of a product you could buy 100 years ago with a dollar and how much you need to pay for that same product now you will see that the purchasing power of the dollar has collapsed during all that time while gold has done a good job at being a store of value, however there are periods in which inflation goes out of control and that is when things get even worse, and I think we are getting close to that scenario once again repeating itself.
You are right! I hope you made an example like one item's price that keeps on going up. But it's okay, I understand because I felt it too.
When you are the one going to the supermarket, you see things. Anyway, I do report it to my wife.
How can we cope with this situation? I think the better way is to save more. Another is to change habits, if there are bad ones, take it off the cycle to feel how much money you are saving.
Junk foods, sugars, and more. Although, even vegetables and fruits price are increasing. Maybe something that could fill our bellies that ain't expensive.
When it comes to transportation you could change from riding a car just 3 blocks away to riding a bike. We are the ones that are affected but we are also part of it, so the change could also start from us.
When you are the one going to the supermarket, you see things. Anyway, I do report it to my wife.
How can we cope with this situation? I think the better way is to save more. Another is to change habits, if there are bad ones, take it off the cycle to feel how much money you are saving.
Junk foods, sugars, and more. Although, even vegetables and fruits price are increasing. Maybe something that could fill our bellies that ain't expensive.
When it comes to transportation you could change from riding a car just 3 blocks away to riding a bike. We are the ones that are affected but we are also part of it, so the change could also start from us.
I think in the coming years everyone will be shaking a lot. Now there is a global change in world politics and economics, and this will affect everyone without exception. Perhaps we do not need to make sudden movements and large expenditures of money now. It will take some time for the situation to stabilize. There is a possibility that it will take several years, but we have no other choice.
Inflation is the result of improper planning by the people who are suppose to do that and they are the people who control political power. Politics is the cause of certain economical ineptitude that the world is facing as challenge. Man is a political being but the problem is they allow that to have control over them because of their selfish self and so they take wrong decision for benefit of few that is part of them, they take decision across religious line, affinity, region etc, these are the problems that is leading to inflation and this wrong decision taking is currently on the high side. Therefore we may continue to witness this increase in inflation longer time than we know.
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.
Some natural inflation is quite normal and expected, and the average person will certainly not feel it too much on his skin if his government adjusts wages to rising inflation. Some 10 years ago, the price of 1 kg of bananas in my country was about 0.7 EUR, today it is about 1.4 EUR, which means that it has doubled - but the average salary has more than doubled, so no one complains about the price of bananas.
Inflation is real and is gere to stay even after we are long gone. I pity the next generations to come though. Anyway, knowledge is power, and inflation wouldn't be that much of a scary problem for anyone who knows how to diversify assets. And I don't mean just crypto currency. If you only see crypto currency as the only solution to inflation, then you're fcked. You need to read more then. I just hope that people would be more aware with the wide variety of ways to protect themselves from the inevitable inflation problems.
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.
Some natural inflation is quite normal and expected, and the average person will certainly not feel it too much on his skin if his government adjusts wages to rising inflation. Some 10 years ago, the price of 1 kg of bananas in my country was about 0.7 EUR, today it is about 1.4 EUR, which means that it has doubled - but the average salary has more than doubled, so no one complains about the price of bananas.
The problem is when the price literally jumps by 100% overnight, so the price of 1 liter of sunflower oil is now just under 3 EUR, and until recently it was half as low. No country can solve this problem in the short term, which means that purchasing power is drastically reduced, and people have to give up a lot of things to survive. The pandemic and economic policies of most countries of the world are paying off, and on top of all that, Russia's aggression against Ukraine is making the situation even worse.
I'm not a pessimistic person, but hard days are ahead of us - luckily for those who were intelligent enough to invest in Bitcoin, things will still be a little easier than for the average man who is completely addicted to fiat.
Inflation now ongoing is largely caused as a result of the Ukraine invasion... Russia a major supplies of energy and gas, is fighting a battle and with sanctions placed on them not to supply and sell their gas,oil and energy has caused inflation.
The Law of Demand is Simply at Play, When the the supply of goods is on the rise and the lower the supplies as it is at play now.
My country Nigeria with it's fucked up currency is finding it difficult to meet up with the current increase of prices.
Current inflation shows that energy, oil and gas are on the main driving force of a country.
The Law of Demand is Simply at Play, When the the supply of goods is on the rise and the lower the supplies as it is at play now.
My country Nigeria with it's fucked up currency is finding it difficult to meet up with the current increase of prices.
Current inflation shows that energy, oil and gas are on the main driving force of a country.
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.
Once an inflation in commodity price occurs it never deflated back to the normal price again even after the economy balanced, this has indeed been a major concern for businesses to thrive.
both the rich and the poor are complaining of it and it seems the price of things will keep on getting higher.
The rich will always get to afford buying at any price while the poor is left with no alternative than to walk away, and this is one of the reasons for increasing insecurity in the society because many will be frustrated to forcefully find a survival means either by stealing or scamming people just to make a living.
I think the best thing to have in mind is to expect more inflation and to prepare how to tackle it in years coming.
Definitely things can't continue to be the same way it has been, that's why having an alternative to every source of income is very necessary.
The US federal budget deficit is bigger than the GDP of several big countries(AFAIK,it was somewhere around 4.5 trillion dollars).What else do you expect?
The politicians want inflation,but they will never publicly admit it.
Things would have been different,if the USA didn't have such budget deficit and the Federal reserve wasn't printing billions of dollars every day.Getting into debt is addictive.Inflation is also addictive for the central bankers and politicians.It's like having a platinum credit card and never paying off your debts.
Nobody knows what will happen after 50 years.I'm sure that the fiat financial system will have to face some kind of big reset.Probably billions of dollars would be removed from circulation and destroyed.
I big part of the US federal debt will have to be "shaved" at some point.
The politicians want inflation,but they will never publicly admit it.
Things would have been different,if the USA didn't have such budget deficit and the Federal reserve wasn't printing billions of dollars every day.Getting into debt is addictive.Inflation is also addictive for the central bankers and politicians.It's like having a platinum credit card and never paying off your debts.
Nobody knows what will happen after 50 years.I'm sure that the fiat financial system will have to face some kind of big reset.Probably billions of dollars would be removed from circulation and destroyed.
I big part of the US federal debt will have to be "shaved" at some point.
Inflation is not a law of nature, it's man-made. Money printer goes Brrrrr means money loses it's value.
And that's why I love and central banks fear Bitcoin: they can't create more of it for their own agenda.
And that's why I love and central banks fear Bitcoin: they can't create more of it for their own agenda.
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.
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