Is it just me or people are out of liquidity ( money ) ? - page 3.

davis196

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Quote from: spy100 on February 04, 2022, 09:44:02 PM

Is it just me or people are out of liquidity ( money ) ?

From what i see : market , malls etc no people,or if they buy something...they buy basic stuff... in my area ...slow biz ...same in your country ?

Most of the people with below average income are hit by the inflation,so they are trying to cut their spending.
That doesn't necessarily mean that they are "out of liquidity".
Many middle class people in my country were hoarding goods,because of the expectations of higher inflation.
The poor people with lower income cannot afford the luxury of buying more goods and hoarding them,that's why they buy less goods and focus on the most basic stuff.
Having a stagnant economy with bad expectations about the future can force many people to increase their savings,in order to keep more money "for a rainy day".
Perhaps this is what you mean,by saying that the people are out of liquidity.

stepwilli

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Are you really sure about what you are saying? This is not the issue in my country, the only time that things seemed like that and you would go to the mall and wouldn’t really see any much people was during the pandemic and lockdown around 2020. In those times you would go to the mall or anywhere in the market and you wouldn’t see much people around, and also people were complaining about lack of money and food. But now there has been a change, and there is no lockdown anymore, so if you go to the mall or anywhere at all, even the cinemas, you will see a lot of people.

So, I don’t really get why it’s like that in your country, when there is no lock down or anything at all. Unless there’s a situation going on?

wxa7115

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Quote from: spy100 on February 04, 2022, 09:44:02 PM

Is it just me or people are out of liquidity ( money ) ?

From what i see : market , malls etc no people,or if they buy something...they buy basic stuff... in my area ...slow biz ...same in your country ?

For what I can tell where I live there was a small decrease in the economic activity but nothing too serious, after all we need to remember that a lot of people were not prepared for the pandemic and they needed to change their priorities when it comes to money, and in many cases money is still tight even at the moment.

Still I think that things have improved since the worst of the pandemic seems to have passed already, however different regions will be affected differently depending on how much the businesses on the area were affected and if people lost their jobs or not, so maybe what you are seeing is not really a reflection of what is happening in your country and it is happening only at the region where you live.

so98nn

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Depends on country, their situation, job status, and economic budget of the nation.

Usually liquidity is product of all the above things. If the nation is running properly, peeps have jobs and businesses are flourish then economic flow is alway healthy. This means everyone keeps getting money and they keep it spending. The circle goes on. Savings are created, assets are made and interests are flown here and there. Everything makes it greener and the liquidity stays proper.

If in your country things are not ok, then its not peeps, its the poor management that might be affecting it. Could be seeding of inflation. Idk, you have spared too tiny info to understand the exact situation there.

DrBeer

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Ukraine, Kiev. Purchasing ACTIVITY, after 2021 fell. Purchasing power also fell, but it cannot be said that globally. First of all, service companies and businesses have suffered due to lockdowns and restrictions. This is tourism, entertainment, etc. But they did not create a significant part of the market in the labor market or income generation. The situation is similar in other cities and regions.

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Quote from: darewaller on February 05, 2022, 07:53:11 AM

it is only you or only on your country because on our country there are still people that shops on mall or on any establishments that I see but of course the number is low compared to numbers that I saw on the past but this is because of the covid pandemic where people are restricted to go out if they do not have a vaccination card.

People are now on a budget because they also lost their jobs, that is also because of the covid, that is why they are now budgeting and only buys basic items that are important. Let us hope that all of this are only temporary and we can soon go back on our previous lives where we can be more happier because we have jobs and we can roam outside freely.

I believe that we are talking about basically the same thing if that is the case. Because of covid people lost their jobs and the ones that didn't lose their value versus inflation so it ended up being making majority of the world poorer. That is why I believe that we should not really be shocked that people are out of money these days.

Obviously not everyone, like if you got a mall and there are a thousand people in it then most people will think that everyone is ok and that place will look crowded but nations are populated in tens of millions which means that you can't make a calculation based on just a thousand people. Hence, why I believe that we should not really make calculations based on that and try to guess how the economy looks in the general way.

spy100

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Quote from: Darker45 on February 06, 2022, 12:39:22 AM

On a personal level, nothing has changed much. Prices are increasing but I can still manage to support my needs and even some wants. For now, I am not in any way tightening my belt. But, in general, a lot of people are actually having a very hard time due to the economic impact of the pandemic. A lot of people are losing jobs, losing other sources of income, losing businesses, and so on.

These times are particularly harder not only because jobs are scarce but also because prices of goods and services are increasing no end while movements are greatly limited.

I was right ...
https://www.youtube.com/watch?v=sc1yikYbc_0

Darker45

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On a personal level, nothing has changed much. Prices are increasing but I can still manage to support my needs and even some wants. For now, I am not in any way tightening my belt. But, in general, a lot of people are actually having a very hard time due to the economic impact of the pandemic. A lot of people are losing jobs, losing other sources of income, losing businesses, and so on.

These times are particularly harder not only because jobs are scarce but also because prices of goods and services are increasing no end while movements are greatly limited.

spy100

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Quote from: TimeTeller on February 05, 2022, 07:43:41 PM

Quote from: The Sceptical Chymist on February 05, 2022, 07:33:26 PM

Quote from: cabron on February 04, 2022, 11:04:19 PM

The crypto market isn't out of liquidity though, the price went up overnight from $37K to $41K. Volume and the spike are certainly not a confirmation of what you are saying.

Yeah, I was certainly surprised to see that. I wasn't sure which way bitcoin was going to move, but the fact that it was upwards a few thousand dollars means there's likely still a lot of money to burn on risky investments--which means there's still a lot of money floating around out there.

I'd also say that the fact that OP doesn't see a lot of people at malls and shopping centers near where he lives may be deceptive. People could be buying a lot of stuff online, and obviously that wouldn't be observed by anyone other than the people who bought said stuff. I'm also really not sure what "liquidity drying up" means in the context of the general economy. That phrase has meaning in trading markets, of course, but the general public not having enough cash available to them should never be a problem--especially since most transactions are done with smartphones or debit/credit cards.

That is very right. With the pandemic, a lot of people are shopping online whether food or basic necessities.
The e-commerce industry definitely gained so much during this period because it is like our new normal.
As most people prefer to stay at home these days, you won't really find many people just roaming around for nothing like before.
Also, as much as possible, people are learning their lessons this pandemic. Many are spending their money only to necessary supplies.

Why would people buy food online ? isn't food more expensive if you include delivery cost ?

https://www.foodandwine.com/news/delivery-app-prices-higher-fees-2021-pandemic

Avg Joe will never buy food online ... he buys the ingredients and cooks home , if he buys online must be a special occasion ...

TimeTeller

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Quote from: The Sceptical Chymist on February 05, 2022, 07:33:26 PM

Quote from: cabron on February 04, 2022, 11:04:19 PM

The crypto market isn't out of liquidity though, the price went up overnight from $37K to $41K. Volume and the spike are certainly not a confirmation of what you are saying.

Yeah, I was certainly surprised to see that. I wasn't sure which way bitcoin was going to move, but the fact that it was upwards a few thousand dollars means there's likely still a lot of money to burn on risky investments--which means there's still a lot of money floating around out there.

I'd also say that the fact that OP doesn't see a lot of people at malls and shopping centers near where he lives may be deceptive. People could be buying a lot of stuff online, and obviously that wouldn't be observed by anyone other than the people who bought said stuff. I'm also really not sure what "liquidity drying up" means in the context of the general economy. That phrase has meaning in trading markets, of course, but the general public not having enough cash available to them should never be a problem--especially since most transactions are done with smartphones or debit/credit cards.

That is very right. With the pandemic, a lot of people are shopping online whether food or basic necessities.
The e-commerce industry definitely gained so much during this period because it is like our new normal.
As most people prefer to stay at home these days, you won't really find many people just roaming around for nothing like before.
Also, as much as possible, people are learning their lessons this pandemic. Many are spending their money only to necessary supplies.

The Sceptical Chymist

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Quote from: cabron on February 04, 2022, 11:04:19 PM

The crypto market isn't out of liquidity though, the price went up overnight from $37K to $41K. Volume and the spike are certainly not a confirmation of what you are saying.

Yeah, I was certainly surprised to see that. I wasn't sure which way bitcoin was going to move, but the fact that it was upwards a few thousand dollars means there's likely still a lot of money to burn on risky investments--which means there's still a lot of money floating around out there.

I'd also say that the fact that OP doesn't see a lot of people at malls and shopping centers near where he lives may be deceptive. People could be buying a lot of stuff online, and obviously that wouldn't be observed by anyone other than the people who bought said stuff. I'm also really not sure what "liquidity drying up" means in the context of the general economy. That phrase has meaning in trading markets, of course, but the general public not having enough cash available to them should never be a problem--especially since most transactions are done with smartphones or debit/credit cards.

Oceat

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Quote from: Leviathan.007 on February 05, 2022, 06:37:41 PM

You didn't say where do you live because I think there is a different situation in each country but if you want to speak generally I can see during the recent years due to the economic crisis all over the world many people lost their jobs and many businesses were closed also the financial markets were surfing some emotional reactions buy newcomer traders and we saw many sharp price movements also this could make some people rich but in the other hand there are more people suffering economic problems.

You aren't reading the replies above you.

Quote from: spy100 on February 04, 2022, 10:53:45 PM

Romania is my country

Anyway, for OP, people are just spending wise since inflation is almost everywhere and I think it happens to every country. Plus the pandemic is one of the reasons too that's why people have to spent less on luxurious stuff and since you said that there's a limit to every product they buy then, I think your government already knew that there might be people who wants to hoard buying the basic stuff that already happened last year ever since the COVID-19 started.

Leviathan.007

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You didn't say where do you live because I think there is a different situation in each country but if you want to speak generally I can see during the recent years due to the economic crisis all over the world many people lost their jobs and many businesses were closed also the financial markets were surfing some emotional reactions buy newcomer traders and we saw many sharp price movements also this could make some people rich but in the other hand there are more people suffering economic problems.

marilynmanson21

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everyone must have felt liquidity to the point of ZERO but all returned to each other how is our effort not to always be financially empty, as long as COVID hits my country the same as you the economy is running slowly because there are barriers that don't go away, but for the sake of smoothness live, all efforts continue to be made to stay alive and have money

spy100

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Quote from: Rockstarguy on February 05, 2022, 10:22:25 AM

I think in most region inflation is on the high level. Most countries right now are facing tough economic challenge which is affecting many businesses, some companies find it difficult to meet up the payment of salaries of workers. Like in my country the government is owing total debt of 91000.00 USD million, the price of everything is high, business is dull because people are managing the money they have.

Well that is the problem ...if high inflation why people are not spending or taking money out of banks ...

In a healthy economy we should see money invested in private constructions ( commercial ,residential,industrial space etc ) , land,new start ups etc etc .... now here ads all over : for rent / for sale , i know a small company that repaired watches etc that survived the 90's / 00's now they put ad for sale on their commercial space.... so somebody is lying about economy ...

On the news i read all day : economy booming / new jobs created and so on ...but when you see it for yourself with your own eyes it's different

People are walking in New York one if the most populated places on Earth and it feels like empty ,if you look at their shops in video zero customers ...how they are surviving i don't understand ( paying salaries / rent / utilities etc )
https://www.youtube.com/watch?v=BKCmZdC6Giw

Rockstarguy

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I think in most region inflation is on the high level. Most countries right now are facing tough economic challenge which is affecting many businesses, some companies find it difficult to meet up the payment of salaries of workers. Like in my country the government is owing total debt of 91000.00 USD million, the price of everything is high, business is dull because people are managing the money they have.

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Quote from: spy100 on February 04, 2022, 09:44:02 PM

Is it just me or people are out of liquidity ( money ) ?

From what i see : market , malls etc no people,or if they buy something...they buy basic stuff... in my area ...slow biz ...same in your country ?

Yes and it's because of the economy of the country, right now things are hard (as we say in my country). Even those that do have the money and displays it at every opportunity they see has reduced drastically. Things are getting very costly so people have resulted to just securing their basic needs before any secondary wants. One of the ways you can identify there's money flowing in my country is the way election campaign are been carried out.

The last was the worst if you're judging from how other campaigns has been lively in the past. The country is in debt and the government of the day have no clue on how to revive the country's economy yet they won't set down for people with the right education and exposure to take over.

Job scarcity is increasing daily and every year new set of graduates without any specific skills but just want they were taught is been flooded into the system. Best you save what you have because if you spend all there isn't an assurance of you retaining your job or even getting paid.

Mauser

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Quote from: spy100 on February 04, 2022, 09:44:02 PM

Is it just me or people are out of liquidity ( money ) ?

From what i see : market , malls etc no people,or if they buy something...they buy basic stuff... in my area ...slow biz ...same in your country ?

Not really in my country. Here inflation in constantly rising and people are going crazy with their spending. It seems a bit like people are afraid to miss out a way to save their money. In my city there are so many new constructions sites. In every street you can see a shop being renovated, a new house being build or just some outdoor works. The construction companies are being booked out for the whole year already and give only indicative prices for next year now, with prices to go up 35% more this year. It's crazy, higher inflation leads to higher demand, which keeps rising the prices even higher. I wish liquidity would try out a bit to keep prices in check.

darewaller

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Quote from: spy100 on February 04, 2022, 09:44:02 PM

Is it just me or people are out of liquidity ( money ) ?

From what i see : market , malls etc no people,or if they buy something...they buy basic stuff... in my area ...slow biz ...same in your country ?

Yes, it is only you or only on your country because on our country there are still people that shops on mall or on any establishments that I see but of course the number is low compared to numbers that I saw on the past but this is because of the covid pandemic where people are restricted to go out if they do not have a vaccination card.

People are now on a budget because they also lost their jobs, that is also because of the covid, that is why they are now budgeting and only buys basic items that are important. Let us hope that all of this are only temporary and we can soon go back on our previous lives where we can be more happier because we have jobs and we can roam outside freely.

Fortify

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Quote from: spy100 on February 04, 2022, 09:44:02 PM

Is it just me or people are out of liquidity ( money ) ?

From what i see : market , malls etc no people,or if they buy something...they buy basic stuff... in my area ...slow biz ...same in your country ?

People seem to be getting squeezed by everything and it ripples throughout the economy. Fuel prices go up, which results in products and services going on (people need fuel for transport), while also causing the consumer to have less money to spend. So stuff in shops is going up in price and people cut back even further on luxuries. Lots of countries are struggling with an energy crisis, so heating their home or using air conditioning gets a lot more expensive. It seems like Covid caused all sorts of supply chain disruption with lockdowns on and off for two years, hopefully we're over the worst of it now so things can start balancing out. There are lots of other contributory factors but many people are definitely struggling when their salaries are not moving up to match.

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