Topic: Inflation is a creeping beast (Read 919 times)

However, the government plays an important role in this. We choose them to do something that should be done, namely improvement in all sectors. It's true that we can't blame them for our own failures, that's a different matter in my opinion. But this concerns the survival of the people they lead. I'm not trying to blame the government for this, but I want to convey that whatever happens their decision will greatly affect the survival of the people.

Sometimes, even with how hard you do it if the government's rules aren't in favor of those people that are thriving hard, they'll blame their government for their failure. But if it's our own mistakes and faults, yeah, there's no need to pinpoint the government.

But honestly, the government plays a role in uplifting people's lives. If they have policies that will help their citizens to excel in different sectors, everyone will be successful. However, they're just like guides and your path to success still relies on yourself. And in terms of inflation, their implementing policies plays the part on this important times to at least mitigate the continuous increase of it.

Inflation is like termites that we can never avoid, since I know the price and money, namely when school, the value of money continues to decline, and now I have worked and the impact of inflation is getting higher and weight I feel.

I do not think that governments are as ready as you might imagine for the chaos we face. I mean they prefer to live in a perfect world so they could continue to be corrupt and still not hurt the nation if they possibly can.

In a world where everything goes badly, they can't possibly be corrupt AND still keep the nation going fine, so do they stop being corrupt? No, of course not, instead they keep being corrupt and still hurt the world. That is why there is no saving from inflation by governments, it will slow down of course but naturally and without help, because nothing can keep going up forever, so it will eventually be lower, but it will be due to time, not governments.

Let's for a. moment stop blaming the government for all our failures
Only those who strive for the best excel in their life. Life is not a bed of roses and we all have to struggle hard to survive through the tough days.

Inflation is not a problem of one country or nation; in the current ERA, it's an emerging global problem that almost every country faces.

Every now and then we get new monetary policies and as money supply keeps growing too rapidly inflation sets in which inturn reduces the purchasing power of our various fiat currencies. This inflation don't just happen spontaneously it starts with a comfortable price hike everyone can cope up with and continually increase until it becomes noticeable.

It comes in stages the first face might only affect the poor and small scale entrepreneurs, the second phase might be a matter of concern for medium  scale entrepreneurs ,the third stage is when the large scale investors gets affected too and the final stage is when the producers start feeling the impact on the cost of raw material and reduction in production quality and patronage. Before this time there have been slight change in material cost but it might not be too obvious to stair national concern.

The world at this point needs a decentralised currency that can be monitored through a public ledger  that way excessive money printing will be curtailed and going by how challenging keeping up with the rapid inflation has become there is every tendency of having worst GDPs in coming years because if manufacturers and Producers fails to meet up the hight cost of production then they will in due cause turn to low standard products just to keep the demands and stay in production

inflation is so annoying
creeping in all areas, in all circles and in all countries.

what can I do with this fact, hopefully this world will rise again soon.

because if you continue like this, you don't know what will happen in the future.

Let's for a. moment stop blaming the government for all our failures

Only those who strive for the best excel in their life. Life is not a bed of roses and we all have to struggle hard to survive through the tough days.

I admire those countries that are able to keep up and at least maintain the inflation rate into their economies.

While I feel bad for those countries that can't stand still and have been hit hard by the inflation rates. There's nothing we can do about them, they have to adjust and adopt the current situation and they have to do something or else, it's like just survival everyday especially for the middle income earners down to the poorest of the poor.

The government must have thought of a solution to reduce the impact of inflation, whether it's in what form I don't know,
In addition, this condition is also exacerbated by global economic conditions that are not doing well,
It's really very complex and we'll see what happens next

Every now and then we get new monetary policies and as money supply keeps growing too rapidly inflation sets in which inturn reduces the purchasing power of our various fiat currencies. This inflation don't just happen spontaneously it starts with a comfortable price hike everyone can cope up with and continually increase until it becomes noticeable.

It comes in stages the first face might only affect the poor and small scale entrepreneurs, the second phase might be a matter of concern for medium  scale entrepreneurs ,the third stage is when the large scale investors gets affected too and the final stage is when the producers start feeling the impact on the cost of raw material and reduction in production quality and patronage. Before this time there have been slight change in material cost but it might not be too obvious to stair national concern.

The world at this point needs a decentralised currency that can be monitored through a public ledger  that way excessive money printing will be curtailed and going by how challenging keeping up with the rapid inflation has become there is every tendency of having worst GDPs in coming years because if manufacturers and Producers fails to meet up the hight cost of production then they will in due cause turn to low standard products just to keep the demands and stay in production

Inflation is a common problem at any time, it is difficult to get rid of inflation, even countries that have very strict financial control are also often affected by inflation, and what the state does is continue to increase production so that the inflation rate can be controlled.

Inflation is a common problem at any time, it is difficult to get rid of inflation, even countries that have very strict financial control are also often affected by inflation, and what the state does is continue to increase production so that the inflation rate can be controlled.

True, inflation will continue to occur at any time, the value of banknotes will continue to decline because it is not supported by gold as a guarantor, it is time for the state to think that to print money then must get support from gold so that the value of currency will not drop as it is happening now.

It seems insane that people think we can pump hundreds of billions of dollars into endless wars and everything will turn out fine.

The sanctions on Russia are severely affecting ordinary citizens. Throughout history we've had countless examples proving that sanctions are ineffective at getting countries to comply with the US and Europe's demands yet we keep going down the same route knowing that many people's lives will be destroyed. People are paying many times more for groceries, gas prices are hitting record highs, and Europe is suffering an energy crisis but still you have all these batshit crazy warmongers cheerleading for further escalation with Russia, more sanctions and more money printing.

The rich have a lot of ways to escape inflation, which is what makes its effects so unfair as the ones that suffer the most are the middle class and the poor, the rich have most of their wealth on hard assets, they either have real estate, businesses, jewelry, art, gold and now even bitcoin, so the inflation of fiat currencies does not really affect them that much if at all, but for the rest of the population the effects are massive, which is why people which were middle class before the crisis end up becoming poor.

I'd also say that the inflation rate of the 1970s was pretty bad, and that wasn't even close to hyperinflation.  I can't remember how high it was, but people still remember it to this day--and now when I go shopping for food, it seems like prices of certain items keeps going up week by week, so I have to wonder if we're going to see the inflation rate get as high as it was 40+ years ago.  It definitely seems that way.

Inflation is a problem that we will not be able to avoid if we still use a centralized financial system, people will think that by saving as much money as possible it will be successful, but if there is inflation then the value of the money drops drastically.