Topic: Inflation is making a mess of my savings. - page 10. (Read 1184 times)
Countries were struggling out of inflation. In my country people doesn't want apples, but everyone are in need of tomatoes. In recent weeks the price of tomatoes have levelled the price of apple. How good is this, because tomatoes will be used regularly whereas very few prefer to take apple finding it to be expensive. This is how the inflation and surely the food inflation is at its peak and we can't just pass on limiting our spending for food. Governments need to take necessary measures, but they weren't able to do it and waiting to increase the productivity.
I don't care what a long-dead rapper said:
Now tell me, how do you explain those headlines from this past Thursday? Is the US government lying? Is the media lying?
Then again OP, since you put the $ sign after the number in your username I'm assuming you're not from the US, which is where this was published. If that's the case, you could very well still be getting slammed by inflation--and though I don't expect you'll reveal where you live, I'd be curious to know. From what I've seen at the grocery store in the past few weeks, prices haven't been rising as much as they were. It was getting way out of hand for a while. .
The gravity of the inflation is something that's felt different depending on where you find yourself. For the advanced countries the effect of the inflation could be mild on them when compared to those of the third world or developing countries of the south pole. Now tell me, how do you explain those headlines from this past Thursday? Is the US government lying? Is the media lying?
Then again OP, since you put the $ sign after the number in your username I'm assuming you're not from the US, which is where this was published. If that's the case, you could very well still be getting slammed by inflation--and though I don't expect you'll reveal where you live, I'd be curious to know. From what I've seen at the grocery store in the past few weeks, prices haven't been rising as much as they were. It was getting way out of hand for a while. .
Just like OP made mentioned of IMF and World bank coming to the aide of the world inflation crisis. But if I may ask, who almakes up this IMF? Where are they located? All answers leads to the West. If the American economy is doing great with prices of foodstuffs not rising anymore, different from what is currently in other parts of the world then for me it doesn't come as a surprise as the economic conditions ain't the same from what is obtained outside.
All I can say to OP is to diversify into other means of income that's the only route to beating this inflation mess. Plan and curtail your expenses. Luckily for you, you have idea of bitcoin so invest more on bitcoin with your savings rather than it laying dormant in one bank account with no annual profit at the end of the year. Don't put your hopes on IMF or the world bank...... No one is coming to save you but you.
Inflation is really biting hard, and nobody is doing anything about it, should we all just go with what Tupac said, "that's just the way it is, things will never be the same".
A lot of person's have ascribed this global inflation to the crisis Rocking Ukraine and Russia, a lot of person's have also said it's as a result of shortage of gas supply across Europe and other countries.
The whole story is not just clear, as to why inflation is biting so hard and IMF AND WORLD BANK are not doing anything about it and the people are just left to face their fate alone.
The prices of goods and services are constantly going astronomical high and there is no hope insight of this ugly situation coming to a halt.
The purchasing powers of citizens are getting weak and I don't understand if the consumer protection laws are even effective anymore this days.
You buy something for a certain amount today, in the next one week, that same item you bought has charged Prince without any reason.
How are you guys pulling it through with this inflation?
I should say inflation is here to stay. We can somehow reduced or minimize it but we can’t totally make it vanish in the thin air. So if you won’t do nothing about it, then you will forever be living your life struggling with your finances. That’s why bitcoin is here, not to completely free us from inflation, but to somehow deal inflation like it can’t totally affect our lives. With bitcoin, the price is not controlled by the government or any third party, so expect that it’s price will only depend on its supply and demand, and not because it will also surge high since everything around have turned very costly and expensive. A lot of person's have ascribed this global inflation to the crisis Rocking Ukraine and Russia, a lot of person's have also said it's as a result of shortage of gas supply across Europe and other countries.
The whole story is not just clear, as to why inflation is biting so hard and IMF AND WORLD BANK are not doing anything about it and the people are just left to face their fate alone.
The prices of goods and services are constantly going astronomical high and there is no hope insight of this ugly situation coming to a halt.
The purchasing powers of citizens are getting weak and I don't understand if the consumer protection laws are even effective anymore this days.
You buy something for a certain amount today, in the next one week, that same item you bought has charged Prince without any reason.
How are you guys pulling it through with this inflation?
Inflation is really biting hard, and nobody is doing anything about it, should we all just go with what Tupac said, "that's just the way it is, things will never be the same".
A lot of person's have ascribed this global inflation to the crisis Rocking Ukraine and Russia, a lot of person's have also said it's as a result of shortage of gas supply across Europe and other countries.
The whole story is not just clear, as to why inflation is biting so hard and IMF AND WORLD BANK are not doing anything about it and the people are just left to face their fate alone.
The prices of goods and services are constantly going astronomical high and there is no hope insight of this ugly situation coming to a halt.
The purchasing powers of citizens are getting weak and I don't understand if the consumer protection laws are even effective anymore this days.
You buy something for a certain amount today, in the next one week, that same item you bought has charged Prince without any reason.
How are you guys pulling it through with this inflation?
I see where you're coming from, good thing for you cause you have savings to use when times get rough compared to most people out there raw-dogging life without any form of safety net against this dangerously expensive world. But no point in pointing fingers about who's got it worse cause in my opinion, we all share the same problem, we just feel it differently. Getting off to a tangent here but what I'm trying to say is that, what I did to help save myself from the underlying dangers that inflation would cause to my savings is well, save in other forms of assets. For instance, a lot of us here had put up their savings into cryptocurrencies and precious metals like gold and silver. I myself did that to avoid impermanent loss. A lot of person's have ascribed this global inflation to the crisis Rocking Ukraine and Russia, a lot of person's have also said it's as a result of shortage of gas supply across Europe and other countries.
The whole story is not just clear, as to why inflation is biting so hard and IMF AND WORLD BANK are not doing anything about it and the people are just left to face their fate alone.
The prices of goods and services are constantly going astronomical high and there is no hope insight of this ugly situation coming to a halt.
The purchasing powers of citizens are getting weak and I don't understand if the consumer protection laws are even effective anymore this days.
You buy something for a certain amount today, in the next one week, that same item you bought has charged Prince without any reason.
How are you guys pulling it through with this inflation?
Some of us went all-in on investing and ditched the savings part to maximize profits (which I will not suggest unless you're a baller and you have enough money lying around to help you when times get rough). But all in all, it's more than enough sometimes that you're saving.
Inflation is really biting hard, and nobody is doing anything about it, should we all just go with what Tupac said, "that's just the way it is, things will never be the same".
A lot of person's have ascribed this global inflation to the crisis Rocking Ukraine and Russia, a lot of person's have also said it's as a result of shortage of gas supply across Europe and other countries.
The whole story is not just clear, as to why inflation is biting so hard and IMF AND WORLD BANK are not doing anything about it and the people are just left to face their fate alone.
The prices of goods and services are constantly going astronomical high and there is no hope insight of this ugly situation coming to a halt.
The purchasing powers of citizens are getting weak and I don't understand if the consumer protection laws are even effective anymore this days.
You buy something for a certain amount today, in the next one week, that same item you bought has charged Prince without any reason.
How are you guys pulling it through with this inflation?
You are not alone mate. A lot of us are really struggling to cope up with this inflation. However, my only advice is that if you can get more job to support you, then do it now so you can also gain addition source of income. That way, you will never be affected that much because you still make your ends meet despite of the high prices of basic goods and necessities. Also, investing in bitcoin will do a lot of help in the future. So take some risk and put some minimal amount into bitcoin. Once your investment works, then inflation will never be that hard anymore. A lot of person's have ascribed this global inflation to the crisis Rocking Ukraine and Russia, a lot of person's have also said it's as a result of shortage of gas supply across Europe and other countries.
The whole story is not just clear, as to why inflation is biting so hard and IMF AND WORLD BANK are not doing anything about it and the people are just left to face their fate alone.
The prices of goods and services are constantly going astronomical high and there is no hope insight of this ugly situation coming to a halt.
The purchasing powers of citizens are getting weak and I don't understand if the consumer protection laws are even effective anymore this days.
You buy something for a certain amount today, in the next one week, that same item you bought has charged Prince without any reason.
How are you guys pulling it through with this inflation?
I don't care what a long-dead rapper said:
Now tell me, how do you explain those headlines from this past Thursday? Is the US government lying? Is the media lying?
Then again OP, since you put the $ sign after the number in your username I'm assuming you're not from the US, which is where this was published. If that's the case, you could very well still be getting slammed by inflation--and though I don't expect you'll reveal where you live, I'd be curious to know. From what I've seen at the grocery store in the past few weeks, prices haven't been rising as much as they were. It was getting way out of hand for a while.
I've got my fingers and toes crossed that this isn't some minor reprieve from inflation, but I'm realistic. There's no way in hell the world could avoid an inflationary period with all the reckless monetary policies that were implemented during and before the COVID epidemic. Cheers from me to you, wherever you are.
Now tell me, how do you explain those headlines from this past Thursday? Is the US government lying? Is the media lying?
Then again OP, since you put the $ sign after the number in your username I'm assuming you're not from the US, which is where this was published. If that's the case, you could very well still be getting slammed by inflation--and though I don't expect you'll reveal where you live, I'd be curious to know. From what I've seen at the grocery store in the past few weeks, prices haven't been rising as much as they were. It was getting way out of hand for a while.
I've got my fingers and toes crossed that this isn't some minor reprieve from inflation, but I'm realistic. There's no way in hell the world could avoid an inflationary period with all the reckless monetary policies that were implemented during and before the COVID epidemic. Cheers from me to you, wherever you are.
Inflation is really biting hard, and nobody is doing anything about it, should we all just go with what Tupac said, "that's just the way it is, things will never be the same".
A lot of person's have ascribed this global inflation to the crisis Rocking Ukraine and Russia, a lot of person's have also said it's as a result of shortage of gas supply across Europe and other countries.
The whole story is not just clear, as to why inflation is biting so hard and IMF AND WORLD BANK are not doing anything about it and the people are just left to face their fate alone.
The prices of goods and services are constantly going astronomical high and there is no hope insight of this ugly situation coming to a halt.
The purchasing powers of citizens are getting weak and I don't understand if the consumer protection laws are even effective anymore this days.
You buy something for a certain amount today, in the next one week, that same item you bought has charged Prince without any reason.
How are you guys pulling it through with this inflation?
A lot of person's have ascribed this global inflation to the crisis Rocking Ukraine and Russia, a lot of person's have also said it's as a result of shortage of gas supply across Europe and other countries.
The whole story is not just clear, as to why inflation is biting so hard and IMF AND WORLD BANK are not doing anything about it and the people are just left to face their fate alone.
The prices of goods and services are constantly going astronomical high and there is no hope insight of this ugly situation coming to a halt.
The purchasing powers of citizens are getting weak and I don't understand if the consumer protection laws are even effective anymore this days.
You buy something for a certain amount today, in the next one week, that same item you bought has charged Prince without any reason.
How are you guys pulling it through with this inflation?
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